Government Allocates Rs 267.9 Billion for Power Sector in 2024-25 PSDP
Staff Report
The government has allocated Rs 267.9 billion for various ongoing and new power sector schemes in the annual Public Sector Development Programme (PSDP) for the year 2024-25.
According to the budgetary document released on Wednesday, out of the total allocation, a sum of Rs 113,760.301 million has been specified for ongoing schemes through the PSDP, Rs 17,401 million for new schemes, and Rs 136,791.472 million from own resources for the year 2024-25.Budget 2024-25: Govt Allocates Rs 1.36 Trillion for Subsidies
Out of the total allocation, the local component stands at Rs 135,564 million, and the foreign loan component is Rs 132,388.208 million during the said period.
For ongoing schemes, a sum of Rs 4,500 million each has been earmarked for the 220/132 kV GIS substation Dhabiji and the 220 kV Haripur Substation, Rs 6,000 million for the 220 kV Swabi Substation, Rs 6,500 million for the 500 kV Allama Iqbal Industrial City, Rs 1,424.360 million for electrification works in different valleys of district Chitral, Rs 4,536.225 million for the 220 kV Quaid-e-Azam Apparel and Business Park Grid Station, Rs 38,000 million for the installation of the 2×600 MW Coal Fired Power Project GENCO-I (Jamshoro), Rs 3,808 million for the Power Distribution Enhancement Investment Program-II, Rs 4,499 million for the electricity distribution efficiency improvement project (MEPCO), Rs 3,691.509 million for the electricity distribution efficiency improvement project (HESCO), and Rs 2,600 million for the 500 kV Matiari—Moro-R Y Khan.CCP Approves Product Supply Deal between Aramco and GO Petroleum
For new schemes, an amount of Rs 6,250 million has been earmarked for land acquisition for the installation of a 1200 MW solar power plant in Layyah, Rs 4,500 million for electricity distribution improvement, and Rs 6,000 million for the installation of an assets performance management system on 100 kV and 200 kV distribution transformers.
Similarly, a sum of Rs 34,148.335 million has been specified for the evacuation of power from Dasu HPP stage-1, Rs 16,801 million for the evacuation of power from Suki Kinari, Kohala, Rs 2,200 million for the evacuation of power from Tarbela 5th Extension, Rs 1,007 million for the evacuation of power from wind power projects (Jhimpir), Rs 2,344 million for the installation of a pilot battery energy storage system, Rs 11,341 million for the upgradation of NTDC telecommunication, Rs 6,600 million for the 220 kV Dharki-Rahim Yar Khan, Rs 7,230 million for the extension and augmentation of existing 500 kV and 220 kV grid stations, Rs 4,615.686 million for the 500 kV Islamabad West, Rs 2,750 million for the 220 kV Arifwala Substation, and Rs 4,430.200 million for the 500/220 kV Sialkot Substation.
