Khattak approves Rs15b transfer to EPDF

Staff Reporter

Peshawar

Chief Minister Khyber Pakhtunkhwa Pervez Khattak presided over a meeting of Board of Directors of KP Energy & Power Development Fund (EPDF) that approved the transfer of Rs. 15 billion back to the board fund.
It also decided to provide 76 Megawatt of Electricity ready for production in June-July through Draul Khwar and Machai for the industrial consumption comparatively at a cheaper rater for the industrial growth as per policy of the provincial government.
The meeting agreed that the electricity produced thus could be extended to the Kheshgi and Warsak irrigation system as the electricity billing of both ran in crores. EZDMC would take care of the additional electricity of the province being produced from different hydro power projects and sell it out to different buyers.
Meeting was attended by Provincial Ministers Muhammad Atif Khan, Muzafar Said, ACS Azam Khan, administrative secretaries and other members of the board.
The meeting debated the previous decisions of the board and approved the minutes. The meeting also cleared Rs. 1 billion for the solarization of one thousand Mosques and the retransfer of the allocation to the Energy Development Fund.
The Chief Minister asked the quarter concerned to keep him aware of any emergency or the emergence of abnormality at the site and infrastructure of natural gas at Karak. He stressed to create conducive environment for negotiation taking the elders of the stakeholders on board.
At the same time he assured he would take the issue and the concern of the locals with the federal government. The federal government, he added should initiate the extension of natural gas to the agreed areas falling at the radius of 5 kilometers.
The meeting also agreed to the excavation of Lucky block having the oil potential. The meeting okayed the seismic and geological survey of the Lucky block and stress for a focus approach in order to get tangible results and the performance is visible too.

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