Amid inflation already rising at the highest rate in half a century at 36.4 per cent, one of the key contributory factor — the electricity costs — continue to sustain spiking trend as ex-Wapda Distribution Companies (Discos) and K-Electric seek regulatory clearance to extract over Rs50 billion more from their consumers in the sizzling month of June.
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The Ministry of Planning, Development and Special Initiatives (MPD&SI) has agreed to allocate Rs 100 billion as Indicative Budget Ceiling (IBC) including foreign aid allocation for hydropower and water projects for FY 2023-24, well-informed sources told Business Recorder.
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Chairman Wapda Engr Lt Gen Sajjad Ghani (Retd) has said that electricity generation from the project would start in 2025. He visited Tarbela 5th extension hydropower project on Friday where he was briefed about the project. Masood Ahmed from World Bank also accompanied the chairman.
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Residents of Thar have expressed their concern over groundwater contamination being caused by coal-fired power plants in Thar is high. According to the statement of Peoples’ Tribunal on Thar local water table is going down due to dewatering of coal-mines while, on the other hand
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Total power generation in Pakistan witnessed a significant decline of 23% on a yearly basis to 10,010 GWh in April 2023, compared to 12,960 GWh in same period last year.
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