Home »Budgets » 2016-17 » Rs 380.4 billion allocated for 31 new power projects

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  • Jun 4th, 2016
  • Comments Off on Rs 380.4 billion allocated for 31 new power projects
Federal government has allocated a total of Rs 380.4 billion including Rs 19.3 billion for 31 new development projects for power sector in next Budget-2016-17. According to Budget-2016-17 documents, the government allocated Rs 163.3 billion for 14 on-going Hydel Projects and Rs 197.9 billion for 143 on-going PEPCO projects for next financial year-2014-15.

The government allocated Rs 14 billion for construction of Diamer Basha Dam Project(4500 MW) (Land Acquisition), Rs 18.36 billion for Construction of Diamer Basha Dam Project (4500 MW), Rs 42.2 billion for Dasu Hydro Power Project, Rs 61.5 billion for Neelum Jhelum Power Project and Rs 16.5 billion for Tarbela Fourth Extension Hydro Power Project etc.

For new schemes, the government allocated Rs 100 million for 1x660 MW Coal Fired Plant Lakhra, Rs 100 million for Up-gradation of 66 kv to 132 kv Grid Station at Head Rajkan, Rs 300million for 132 kv T/L from Golan Gol Project and Grid Station for Provision of Electricity for Area of District Chitral (PESCO), Rs 500 million for Interconnection of Isolated Makran Network at Basim via Neg G/Station from Panjgoor etc. For on-going projects of PEPCO, the government earmarked Rs 19 billion for installation of New Coal Power Plants heaving Capacity 2x660 MW at Jamshoro, Rs 30 billion for 1200-MW based Power Plant Baloki, Rs 30 billion for 1200-MW LNG Based Power Plant Haveli Bahadurshah, Rs 10.7 billion for Inter-Connection Thar Coal Based 1200 MW, Rs 8.2 billion for Transmission for Dispersal Power from Neelam-Jehlum Hydro Power Project, Rs 5.4 billion Evacuation of Power from 1320 MW power Plant at Bin Qasim and Rs 3.5 billion for Evacuation of power from 2160 MW Dasu HPP Stage-I etc.

Copyright Business Recorder, 2016


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