No new power project to be build on imported fuel in future
Minister for Power Khurram Dastgir on Wednesday said that the government laid a foundation to provide inexpensive electricity to the masses, adding that no new power project would be set up based on imported fuel in future.
Addressing a press conference here, the minister said that foundation was being laid for provision of an inexpensive electricity in the country under the leadership of Prime Minister Shehbaz Sharif and the proposed solar energy project would be completed at earliest.
Solar projects having 1-4 MW capacity would be set up in rural areas of the country while all government buildings would be switched to solar energy, he added.
The minister said both local and foreign investors had shown keen interest in investing in solar energy projects. The investors were being briefed on 600 MW initial solar project and 11,000 MW electricity would be added to the national grid in the coming years, he added.
He said the government had decided to optimally utilize indigenous sources of energy instead of relying on expensive imported fuel for generation of electricity.
Shifting the entire electricity generation on indigenous sources would not only help lessen burden on national exchequer but would also provide electricity to the consumers at affordable rate, he said.