Tackling energy crisis: Nawaz inaugurates Tarbela-IV project

Published: February 26, 2014
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Prime Minister Nawaz Sharif offering dua after inaugurating the Tarbela-IV extension  on February 26, 2014. PHOTO: PID

Prime Minister Nawaz Sharif offering dua after inaugurating the Tarbela-IV extension on February 26, 2014. PHOTO: PID

Tarbela extension project heralds the beginning of a new era of socio economic development in the country, said Prime Minister Nawaz Sharif as he performed the ground breaking ceremony of Tarbela-IV extension Hydropower project at Tarbela on Wednesday.

The project shows the resolve of the government to provide relief to the general public and boost economic development by adding low-cost electricity into the national grid, said Nawaz.

The premier said that people had to face the worst energy outages due to the sustained policy of neglect of previous governments. He added that successive governments did not address power generation in view of escalating needs of economy and population growth.

Nawaz added that the Pakistan Muslim League-Nawaz led government should be credited for formulating the first ever holistic National Power Policy.

He added that the government knows that efficient and consumer-centric low-cost power generation is necessary to put the country on the trajectory of socio-economic development.

The Prime Minister highlighted projects being undertaken by the ministry of water and power which aims to provide substantial relief from load shedding with a view to reduce dependency on costly thermal power.

Talking about increasing the power generation, Nawaz said that he has already directed the Ministry of Water and Power and other concerned organisations to accelerate work on Diamer-Basha Dam, Dasu Dam and Bunji Dam projects.

Earlier wapda Chairman Syed Raghib Ali Shah gave a detailed briefing on the project including plans for increasing the existing capacity of Tarbela Hydel Power Station from 3,478 MW to 4,888 MW in the 4th Extension. The project, thus, aims to add 1,410 MW of cheap hydel electricity into the national grid in a period of three and a half years.

The wapda chairman appreciated the World Bank for financial assistance of $840 million for construction of the project.

The Tarbela 4th Extension Project, once complete, aims to add about 4 billion units of low-cost and environment-friendly electricity to the national power grid. Annual monetary benefit of the project has been estimated to be Rs30 billion and it would pay back the cost incurred on its construction in a span of three years.

The Premier warned that the delays, over costing and escalations would not be tolerated in the project.

Tarbela- V Extension Project

The Prime Minister was informed that as per initial study, Tarbela- V Extension Project would generate 1,320 MW electricity and Austrian Government has shown its keen interest to finance the project.

He directed the Ministry of Water & Power to take up feasibility of Tarbela- V Extension Project. The ministry was also directed to start the Tarbela IV & V projects simultaneously.

Tourist spot at Tarbela

Secretary Interprovincial Coordination Ijaz Chaudhry also gave a briefing to Prime Minister on development of Tourist site in Tarbela.

The PM was informed that 3 sites have been identified for development of water sports, theme park, restaurant and Water jetty.

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Reader Comments (5)

  • bravo
    Feb 26, 2014 - 11:50PM

    haters will keep on hating and this guy slowly but surely is taking the right steps.. i think we should start acknowleging his efforts

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  • optimist
    Feb 27, 2014 - 12:00AM

    Well done Mian Sb…. solve this crisis and we will be grateful to you forever!

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  • ahmad
    Feb 27, 2014 - 1:08AM

    This is really good news. Hydropower is the cheapest and the cleanest solution to Pakistan’s energy needs.

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  • Feb 27, 2014 - 7:06AM

    In tarbela 4th is all heavy machinery our company

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  • Asad Khan
    Feb 27, 2014 - 7:27AM

    @bravo:

    haters will keep on hating and this guy slowly but surely is taking the right steps.. i think we should start acknowleging his efforts

    No body hates him but no body loves him to the bone either.

    For the record, it is in an extension of an existing OLD project not the NEW one. Mirani Dam, Gomal Zam Dam was completed in Musharaf Tenure, Musharaf tried to press head with Kalabagh in his early years but due to resistance he goes for Diamir Bhasa.

    I am glad that Nawaz is keen for development but if he has substance that he is in ideal position for completion of Kalabagh cuz he can political manage parties & pressure.

    regards.

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