Prime Minister Nawaz Sharif has directed to ensure completion of ongoing power projects within their stipulated deadlines.
Chairing a meeting of the Cabinet Committee on Energy on Monday, he said that he would monitor the progress on power projects on a regular basis.
He said that significant addition of electricity to the national grid will not only minimise load shedding, it will also greatly contribute to economic and infrastructure development.
Federal secretary Water and Power briefed the meeting that 2015 remained the best year for power generation and recovery of arrears. Peak generation of power was 17,000 MW last year.
He said the line losses were reduced by 5.8 per cent due to better monitoring and strategy to eliminate corruption and theft. The prime minister was informed that Rs 51 billion increase was noticed in recoveries while Rs 10 billion were saved due to decrease in line losses.
The meeting was informed that there are sufficient fuel stocks in the country. Facilities provided to new independent power producers last year will help generate 12,000 MW of electricity.
The meeting was informed that 9,090 MW of additional electricity will be added to the grid by the end of next year.