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BREAKING NEWS

PM chairs Meeting of Cabinet Committee on Energy

PRIME MINISTER MUHAMMAD NAWAZ SHARIF CHAIRS MEETING OF CABINET COMMITTEE ON ENERGY AT PRIME MINISTER’S OFFICE, ISLAMABAD ON NOVEMBER 29, 2016.

ISLAMABAD: (APS)November 29, 2016- Prime Minister Muhammad Nawaz Sharif chaired meeting of Cabinet Committee on Energy at PM Office today.

 The meeting reviewed all ongoing power projects in terms of timelines including clean energy projects, coal fired power plants, hydel and LNG power plants that will add significant electricity to the national grid during the year 2017 and before March 2018. Besides, the meeting also deliberated on the future power generation projects to cater for the ever increasing energy requirements of the country in the wake of increased economic activities, massive infrastructure and industrial development across the length and breadth of the country. The status of work on establishment of new transmission lines was also discussed at length in addition to streamlining the power distribution system. The meeting was informed   that bottlenecks are being removed in the distribution system to ensure uninterrupted supply of electricity to the consumers.

 Prime Minister Muhammad Nawaz Sharif appreciated the good work done by the officials of Ministry of Water and Power and said that by the end of tenure of the present government, reliance on costly fuel for power generation will be reduced a great deal. The Prime Minister said that the country was gripped by the energy crisis when the present government came into power; today the situation has changed significantly. There is now zero load-shedding for the industrial sector and load-shedding for the urban and rural areas has substantially and gradually been reduced, the Prime Minister said. Our holistic reforms in the energy sector and efforts for generating additional power through diversifying the energy mix will help in meeting the future energy requirements of the country, expressed the Prime Minister. These endeavours of the present government have earned significant recognition and acknowledgement on a wide scale the world over, the Prime Minister observed with satisfaction. The Prime Minister added that the present government has unprecedented edge to execute power generation projects having capacity more than the power generation initiatives taken during the last twenty years.

Secretary Water and Power briefed the meeting that circular debt has been caped; recoveries are satisfactory and line losses have been minimized. The meeting was informed that transmission and distribution lines projects are on track.

The Prime Minister said that the focus of the present government right from the first day was to resolve energy crisis in the country and adding sufficient energy to the national grid. Besides, we are determined to provide cheaper electricity to our people, the Prime Minister added. I am happy that we are on track in our endeavours; InshaAllah, load-shedding will be a reference of history, the Prime Minister stated. We will keep on exploring new power generation projects on micro as well as mega level to ensure sustained and uninterrupted electricity for our future generations, a duty that previous government were unable to fulfil, the Prime Minister concluded.

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