A high-level meeting to review progress on development projects in the power and petroleum sectors, including those which are being undertaken under China Pakistan Economic Corridor (CPEC) was held here on Saturday with Federal Minister for Finance Senator Ishaq Dar in the chair.
Federal Minister for Water and Power Khawaja Muhammad Asif, Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi, Secretary to Prime Minister Fawad Hasan Fawad, senior officials of the Ministries of Finance, Water and Power, Petroleum and Natural Resources, PPIB, Nepra and NTDC attended the meeting.
The meeting was briefed about the progress on hydel, gas, wind, solar and coal-based projects being undertaken for enhancing power generation. The meeting was also informed about the financial arrangements and the timelines being followed in respect of each project.
The meeting simultaneously reviewed arrangements concerning provision of gas for power projects and development of the required infrastructure.
The meeting was apprised that a large number of projects in both power and petroleum sector would be completed by December 2017, which would add up to 10,000 megawatt to the national grid and help resolve the problem of energy shortage.
The finance minister, on the occasion, emphasised that timelines for different projects should be strictly followed. He also desired for update on the progress of these projects on a regular basis.