Province eyes massive revenue from energy

December 22, 2013 - 9:01:24 am

PESHAWAR: The Khyber Pakhtunkhwa government’s hydel revenue is expected to grow to Rs30bn annually by 2018 as some new hydropower units are slated to begin operations during the next five years, according to the relevant officials.

These officials say the government currently earns Rs2.5bn annually on account of profit from its small hydropower units set up in Malakand, Pehur (Swabi), and Reshun and Shishi (Chitral).

An official of the provincial power and energy department said that Khyber Pakhtunkhwa’s hydropower generation capacity would grow to 648 megawatts by 2018.

The consistency with which expansion of hydel power sector in the province pursued was pursued by the last three elected governments over a decade has already begun bringing windfall benefit for the local kitty.

INTERNEWS

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