ISLAMABAD: Disclosing that an amount of $18.783 billion had been allocated for the power sector projects, Finance Minister Ishaq Dar said that resolving the energy issue was the top priority of the government.
The minister made the statement at a briefing session on energy and infrastructure projects, according to a press release. Economic Affairs Division Secretary Saleem Sethi informed the minister that a number of energy projects were being undertaken to overcome electricity shortage.
Most of the projects have been undertaken by the Ministry of Water and Power — 16 for power generation, nine for transmission and five for power distribution. Four projects are to be completed under the aegis of the Pakistan Atomic Energy Commission.
About infrastructure projects under the National Highway Authority (NHA), the EAD secretary said $1.24bn had been incurred on 11 ongoing loan projects out of a total loan amount of $2.13bn. The remaining $890m will be incurred in about two and a half years.
