PSDP 2020-21: Govt allocates Rs74.5bn for power sector projects

Of the total, Rs72.48bn will be spent on ongoing projects, while Rs2.01bn have been earmarked for new schemes

ISLAMABAD: The government has earmarked Rs74.49 billion for ongoing and new schemes of power sector under Public Sector Development Programme (PSDP) for the fiscal year 2020-21.

Of the total, a sum of Rs72.48 billion has been specified for various ongoing projects while Rs2.01 billion for new schemes.

An amount of Rs20.09 billion has been allocated for the installation of 600MW coal-fired power project in Jamshoro, Rs3,000 million for 220KV Dera Ismail Khan-Zhob Transmission Line, Rs2,675 million for the construction of new 220KV Guddu Sibbi Single Circuit Transmission Line, Rs3,200 million for 500kV Faisalabad New Transmission Line, Rs3,000 million each for 500-kV Lahore North (NTDC) and 500kV HVDC Transmission System between Tajikistan and Pakistan for CASA-1000.

Similarly, a sum of Rs4,000 million has been specified for the evacuation of power from 1,224MW wind power plants at Jhimpir Clusters, Rs6 billion for interconnection of Isolated Makran Network, Rs2.5 billion each for the evacuation of power from Suki Kinari Kohala power project and power distribution enhancement investment programme-II (Advanced Metering Infrastructure Project for IESCO), Rs2.13 billion for enhancement of transmission capacity of NTDC system, Rs2 billion for power distribution enhancement project programme-2 (AMI Project for LESCO) and Rs1.5 billion for the upgradation of NTDC’s telecommunication.

Article continues after this advertisement

Under new schemes, an amount of Rs1 billion has been allocated for the provision of electricity at Dhabeji SEZ project, Rs350 million for ABC cable for Peshawar and Bannu Circle (PESCO), Rs300 million for the establishment of 132KV Grid station Matta (Swat) and Rs300 million for the establishment of a 132KV grid station at Bin Qasim.

- Advertisement -
- Advertisement -

Must Read

Footwear exports surge 23.7pc in 2MFY22

ISLAMABAD: The export of footwear from the country increased by 23.72 per cent to $26.787 million during first two months of fiscal year 2021-22...