GUJRANWALA - Prime Minister Nawaz Sharif on Saturday said the upcoming financial budget will envisage several relief measures for farmers and the business community.
Addressing the inauguration ceremony of the first turbine of 450 MW Nandipur power project in Gujranwala. He said these measures would help eradicate poverty and generate economic activities in the country. The Prime Minister said development will be carried out in all the provinces on equal basis. Gwadar will be brought at par with other developed cities of the country. A modern airport will be established there besides Gwadar will be made a free port.
Turning to initiatives taken in the energy sector, Nawaz said it has been decided to speed up the completion of electricity generation projects particularly in the hydel sector. He said forty billion rupees have been released for the land acquisition of Diamer Bhasha Dam. Similarly, we have decided to undertake work on Dasu Dam. These two projects will add 9,000 MW of electricity to the grid. Nawaz said the government is also focusing on infrastructure projects.
He said ground-breaking ceremony of Lahore-Karachi motorway project will soon be performed. Fifty-five billion rupees have been released for the land acquisition of this project. He said every possible effort will be made to complete the project during the current tenure. Similarly, we are upgrading Pakistan Railways and a railway line will be laid between Islamabad and Muzaffarabad.
While addressing the inauguration ceremony, the Punjab chief minister criticised the previous government, stating that the power project’s history is one of the worst stories of the country, adding that for three years the machinery for the Nandipur power project was lying at the Karachi Port. If the project had been completed three years earlier than the country would not have suffered from a financial loss of Rs165 billion,” remarked Shahbaz.
Shahbaz also stated that the hopelessness changes to the hope when leaders like Nawaz head such projects. Earlier, the Prime Minister Nawaz Sharif inaugurated the first 95 megawatt unit of Nandipur power project at a ceremony in Gujranwala. The project has a total capacity of 425 megawatts and it would be completed by December this year at a cost of 574 million dollars. The project has four turbines and after every two months, one unit will become functional adding electricity to the national grid.
The project is being executed by China Don Fang Electric Corporation. Defense Minister Khawaja Asif, State Minister Abid Sher Ali, Punjab CM Shahbaz Sharif and other high and government officials were also present on this occasion. At present, the Nandipur turbine is being run on Furnace Oil, while the same will be transferred on LNG till June next year.