Progress on 1,000MW RLNG-based power projects reviewed
ISLAMABAD: Finance Minister Ishaq Dar chaired a meeting on Saturday to review progress regarding the 1,000MW (RLNG based) power projects, envisaged to supplement efforts aimed at filling the void in electricity demand and supply in the country.
Petroleum and Natural Resources Minister Shahid Khaqan Abbasi as well as the senior officers of Finance Ministry, Water and Power Ministry, Petroleum & Natural Resources Ministry, Private Power and Infrastructure Board (PPIB) and National Transmission & Despatch Company (NTDC) participated in the meeting.
The PPIB managing director gave an update on activities carried out against the timelines agreed for implementation of the projects. He stated that sites had been finalised for installation of projects of 600MW, where arrangements for gas supply as well as power evacuation were already in place.
Sites for the remaining projects had also been identified, which would be finalised shortly keeping in view the aspects of availability of gas and power transmission infrastructure, he added.
The meeting was further informed that all the activities were being carried out as per the agreed timelines and no delay had been encountered so far. Regular consultation was being made with all the relevant departments and stakeholders.
The meeting expressed satisfaction on the progress of the planned projects and stressed that timelines be strictly adhered to in future as well, so that the projects can come on stream as planned.
The finance minister on the occasion called upon the Ministries of Water & Power and Petroleum & Natural Resources to maintain close coordination for achieving speedy progress on the proposed power plants. He emphasised that complete transparency and efficiency be ensured in undertaking the projects.