PR No. 28 Islamabad: June 5, 2017

Finance Minister Senator Mohammad Ishaq Dar chaired a high level meeting here at the Ministry of Finance on Monday regarding energy-related matters. Minister for Water and Power, Khawaja Muhammad Asif, Minister for Petroleum & Natural Resources, Mr. Shahid Khaqan Abbasi, Finance Secretary, Secretary Water & Power, and senior officials of Finance Division and Ministry of Water & Power participated in the meeting.

Secretary Water & Power provided an update during the meeting on the demand and supply situation of electricity in the country. He also briefed the meeting on the status of various ongoing power sector projects. He said that all necessary measures are being undertaken to provide maximum relief to the general public during Ramzan through provision of electricity, and to ensure timely completion of the ongoing power projects.

The Finance Minister reiterated the government’s determination to resolve the issue of energy. He said that the high level of priority accorded to energy matters by the present government is evident from the fact that the Prime Minister chairs the Cabinet Committee on Energy himself. The Finance Minister said that additional electricity will be added to the national grid by early 2018 through completion of ongoing projects, which will significantly reduce load-shedding. He said that, in addition to power generation, necessary projects are also being undertaken for electricity transmission and distribution in order to ensure timely and effective evacuation and delivery of electricity. He urged the officials to ensure completion of the ongoing power projects according to the given timelines.

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