PR No. 195 Islamabad

The Federal Minister for Finance Senator Mohammad Ishaq Dar here on Friday chaired a meeting to review the financial aspects of various coal based power projects currently under implementation in the country.

The Minister was briefed by representatives of Ministry of Water & Power on the progress of various projects. The representatives of Ministry of Railways, apprised the Minister on the coal transportation arrangements and other allied matters.

The Minister reviewed the financial aspects of these projects and expressed his satisfaction on the financial progress achieved so far. He said that every effort must be made to complete the projects within the approved time frame as well as within the approved budgets. He said that transparency and cost effectiveness should continue to be the hallmarks of these projects.

The Minister said that the energy projects have an important role to play in the government’s strategy for accelerated economic development. The government was determined to increase the rate of economic growth and all enabling factors, including energy supply would be ensured for the purpose.

Senior officials of Ministry of Finance, Ministry of Water & Power, Pakistan Railways and Economic Affairs Division participated in the meeting.