Business News

LAHORE, June 2, (APP): An amount of Rs 9 billion has
been allocated for the energy sector for the fiscal
year 2017-18.
According to the budget documents, energy department has
launched Khadim-e-Punjab Ujala Programme throughout the
province and the aim of the project is to solarize 10,000 schools
all over the Punjab. Therefore, Rs 3 billion is being proposed
for the mega project. The amount will be reimbursed by
the foreign donors ie ADB & AFD under DLIs.
The major targets and initiatives for 2017-18 include:
completion of Renewable Energy Development Sector Investment
programme hydel power generation project at Marala, Pakpattan,
Chianwali, & Degout fall for adding 20 MW energy to the
national grid; installation of AMI Meters in government
electricity billing, provide enabling environment for private
investment to develop small, mini and micro hydel power
projects, commencement of 135 MW Taunsa Hydel power project,
commencement of Bio Mass power project in Faisalabad,
commencement of Energy Resource centre in Lahore, Execution of
Khadim-e-Punjab Ujala programme to Solarize 20,000 Schools in
Punjab, Establishment of 15-20 MW Bio Mass thermal power plant
near Chak Jhumra, Faisalabad, establishment of Mini Hydro
power sites, upgradation of centre for energy research & and
development at UET Lahore, installation of net meters at
public buildings having installed solar panels consultancy
services on oil and gas sector after the 18th amendment scenario.