Prime Minister of Pakistan, Mian Muhammad Nawaz Sharif, while chairing a crucial meeting of Cabinet Committee on Energy at his residence in Islamabad, urged the authorities to hasten work on energy projects in Pakistan. He further directed relevant people to maintain enhanced coordination between ministries so work on energy projects in Pakistan can be completed ahead of schedule. During the meeting, the PM was briefed on various ongoing and upcoming energy projects in Pakistan, especially those that fell under China-Pak Economic Corridor (CPEC).
PM was informed that while the energy projects in Pakistan are prioritized for speedy development, work on transmission lines, to carry electricity once the energy projects in Pakistan completed, was also underway on the sidelines. The Prime Minister took this opportunity to comment upon the massive contributions China has made for Pakistan to overcome the longstanding energy crisis. He said,
China is a great friend and has tremendously justified the time tested friendship by heavily investing in Pakistan, especially in energy-related projects, which would certainly resolve the most important issue of energy deficiency in the country.
The PM further impressed upon the fact that within two or three years, Pakistan will not only have tackled the energy crisis, but will have developed infrastructure to produce surplus energy. PM Sharif was very keen on expressing his confidence on the current energy projects in Pakistan and directed the authorities to remain uncompromising on standard and quality. Furthermore, he directed extreme transparency especially with regards to finance,
Transparency and adherence to relevant laws and rules must be given topmost priority in all these projects.
It must be noted that most of the energy projects in Pakistan under the CPEC umbrella are to be completed by year 2017. These projects should add north of 13,000 MW of electricity to the national grid. Most of these projects are already under construction. Apart from these energy projects, the federal and provincial governments are undertaking several projects, three of them based on LNG, to meet the energy demands. Meanwhile, Finance Minister of Pakistan, Ishaq Dar, recently announced that the country will be loadshedding-free by March 2018, and that the remainder of energy projects within the country will be functionally ready to produce a surplus. So all eyes on yearend 2017 and the first quarter of 2018 as far as power production is concerned. It would seem that all that’s left for the government to do is to make sure that these energy projects in Pakistan are completed on schedule if not before.You can follow us on Facebook, Twitter, or Google+ for more updates. Otherwise fill in the subscription box above, or subscribe to our RSS Feed.