Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

1,500MW can be conserved, 10,000MW generated in next 3 years to overcome power crisis: Kh Asif

byCustoms Today Report
11/02/2015
in Business
Share on FacebookShare on Twitter

LAHORE: Federal Minister for Water and Power Khawaja Asif has said that the government has decided to induct about 10,000MW of electricity from coal and gas sources in another three years to overcome power crisis.

He said this while speaking at a seminar organised by the Wapda on completion of its 57 years of foundation in 1958. The minister was the chief guest, while Wapda Chairman Zafar Mahmood, former Wapda chairmen Lt-Gen (r) Zulifkar Ali Khan, Tariq Hamid and Syed Raghib Abbas Shah and others were also present there.

You might also like

Punjab unveils Rs300b financing programme for businesses

21/10/2026

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

20/10/2026

Kh Asif claimed that the power crisis would be vanished in next three years as enough electricity would be added to the national grid from the under-construction power projects. He said that the results of decrease in oil prices will trickle down to the masses and it will help the country save around $3 billion in foreign exchange.

Urging the consumers, the minister said that the people should stop wasting energy and they should also cut down extravagant use of water and gas, which can save up to 1,500MW. He said that the power ministry was not mulling over slashing electricity bills in the light of the lower oil prices and instead the saved money would be used to repay circular debt.

In the wake of Indian violation of Indus Water Treaty, he warned of water crisis in the country and said that the government would raise the issue at all appropriate forums. About Bhasha Dam, Asif said that compensations equivalent to the land price of Islamabad were being paid to the affected people.

Addressing on the occasion, Wapda Chairman Zafar Mahmood said that Wapda has played an important role in socio-economic development of the country for last 57 years. He said that water storage capacity of the country increased from 0.15 million acre feet (MAF) in 1958 to 18MAF in 2015 thanks to the role played by Wapda. Likewise, Zafar said, the electricity generation capacity registered an increase from 119MW in 1958 to 17,000MW till 2007 when Wapda was unbundled, and now its mandate has been limited to operation and maintenance of existing hydel power stations and construction of new water and hydropower projects.

Related Stories

Punjab unveils Rs300b financing programme for businesses

byCT Report
21/10/2026

LAHORE: Punjab Minister for Industries and Commerce Chaudhry Shafay Hussain has announced a Rs300 billion programme this year, under which...

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

Next Post

Cotton Association issues spot rates for local dealing

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.