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ISLAMABAD, Jun 10 (APP): The government has allocated Rs 90.2 billion for 47 development schemes in the energy sector in the development program for the fiscal year 2025-26.
During the budget speech on Tuesday, the Federal Minister said the government is committed to ensuring the provision of affordable and reliable energy to all citizens.
He said to achieve this goal, a large part of this amount is allocated for the transmission of electricity from hydropower projects, such as Rs 840 million for Tarbela 5th Extension HPP, Rs 10.9 billion for the Dhaso Hydel Power Project, Rs 3.5 billion for the Suki Kinari Hydropower Project and Rs 2 billion for the Muhammad Hydropower Project.
To strengthen the electricity transmission system in the country, Rs 1 billion has been allocated for laying the 500 kV Matiari-Moro-Rahim Yar Khan Transmission Line, Rs. 4.4 billion has been allocated for the Allama Iqbal Industrial City grid station and Rs. 1.1 billion for the 220 kv grid station at Quaid-e-Azam Business Park.
To modernize the power distribution system, Rs. 1.6 billion has been allocated for the installation of asset performance management systems on 100 and 200 KVA transformers.
While Rs 2.9 billion has been allocated for the Advanced Metering Infrastructure Project in IESCO, in addition, to improve the performance of electricity distribution companies, Rs. 1.8 billion will be given to Multan Electric Power Company, Rs. 1.9 billion to Hyderabad Electric Power Company and Rs. 2.4 billion to Peshawar Electric Power Company.
Rs 67.2 billion has been allocated for clean renewable and hydropower generation projects initiated by Wapda. Key initiatives include the 2160 MW Dasu Hydropower Project Phase I for which Rs 20 billion has been allocated. Rs3.4 billion has been allocated for the Tarbela 5th Extension Hydropower Project, Rs 35.7 billion have been allocated for the Muhammad Hydropower Project. Realizing the energy needs of Azad Jammu and Kashmir and Gilgit-Baltistan, Rs 3 billion rupees have been allocated for five hydropower schemes in these areas.
These schemes include 48 MW Jagran II and 40 MW Dowarian Hydropower Projects in Neelum District of Azad Jammu and Kashmir, 26 MW Shagharthang Hydropower Project in Gilgit District, 16 MW Naltar III and 20 MW Hanzel Hydropower Project in Gilgit Baltistan. An amount of Rs. 1.2 billion has been allocated for Phase-I to create regional grids in Gilgit-Baltistan, which aims to meet the electricity demand in four districts of Gilgit, Hunza, Skardu and Astore.