PTI govt in KP not happy with Centre
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January 19, 2021
PESHAWAR: Though the Pakistan Tehreek-e-Insaf is in power in both the centre and Khyber Pakhtunkhwa, the provincial government isn’t happy with the federal government due to the non-fulfilment of its commitment to pay Rs100 billion annually for reconstruction and development projects in the erstwhile Fata and the delay in payment of its share in the net hydel profit.
When approached for his comments, Chief Minister Mahmood Khan said that Khyber Pakhtunkhwa is facing shortage of funds and it may even seek a bank loan to meet its needs. “We need regular flow of funds as the province is dependent on the federal government for 92 percent of its receipts,” he added.
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Power generation licences sought
January 8, 2021
KARACHI: Pakhtunkhwa Energy Development Organization (PEDO) has sought generation licences for two of its proposed hydropower projects with the cumulative capacity of 245MW to be set up in Swat with an estimated cost of $745 million, a statement said on Thursday.
The organisation is constructing 88MW Gabral Kalam hydropower project on River Gabral in Swat with an estimated cost of $249.25 million, including 20 percent contribution by the KP government and 80 percent by the World Bank.
The project is expected to achieve commercial operations in November 2027, it added.
Similarly, 157MW Madyan hydropower project is being developed on River Swat with an estimated cost of $498.64 million with 20 percent contribution by ADP and 80 percent by the World Bank.
PESHAWAR: In a move largely seen as regressive, the provincial government has legislated to turn the Pakhtunkhwa Energy Development Organisation, a company, into an attached entity of the energy and power department.
The development comes through the passage of the Pedo Act, 2020, in the provincial assembly on Dec 2.
The law was earlier enforced through an ordinance in a secret manner in June this year when the outbreak of coronavirus peaked in the province.
The legislation has upended the Pedo’s corporatisation that was carried out by the last Pakistan Tehreek-i-Insaf government as a major reform.
The government had gone to great lengths to retain the entity’s chief executive officer after his removal by the court.