PHOTO: REUTERS
PESHAWAR: The Khyber-Pakhtunkhwa (K-P) government has signed a memorandum of understanding (MoU) with local industrialists to supply 18MW of electricity through the Pehur Hydel Power Plant on wheeling charges.
The electricity generated will be supplied from powerhouses directly to industries in Gadoon Amazai Industrial Estate (GAIE) through the transmission system of Peshawar Electric Supply Company (Pesco).
Speaking on the occasion, Adviser to K-P Chief Minister on Energy and Power Himayatullah Khan said that the rate per unit for supply of electricity to industries is decided through open auction as Rs7.50 against the existing rate of Rs20 per unit.
“This is a win-win situation for both, industries and the K-P government, because the electricity generated through these powerhouses is supplied to the national grid at the rate of Rs4 per unit and now the government will make an additional earning of Rs2 per unit,” he said.
He added that the industries will save Rs13.5 per unit, while Pesco will earn Rs1.50 per unit for using the transmission system.
Meanwhile, K-P Chief Minister Mahmood Khan said that this decision will promote industrialisation in the province, which has badly been hit by the decade-long wave of terrorism.
The government is also trying to complete the Chasma Lift canal project in its tenure and supply 40MW of electricity under the same condition in order to promote agriculture in the southern region of the province, he added.
“The government is focused on promotion of commerce and trade in the region for creation of employment and prosperity in the country,” he stated.
Published in The Express Tribune, October 10th, 2019.
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