Dar chairs meeting to discuss 1,000MW project

ISLAMABAD: Minster for Finance Senator Muhammad Ishaq Dar here on Thursday chaired a meeting to discuss modalities and arrangements for another set of power projects in different areas of the country totaling 1,000MW.
Minister for Water and Power Khawaja Mohammad Asif and Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi were also present in the meeting.The meeting considered different modes for undertaking these projects and directed officials concerned to put up a proposal for consideration and subsequently putting in place the mechanism for implementation of the projects in the private sector.
The finance minister said that the government was considering these projects in a bid to further augment the 10,000MW plus generation programme for bridging the gap in electricity demand and supply by December 2017.
The meeting emphasised that the proposal for the 1,000MW projects should guarantee complete transparency and minimum possible tariff. The meeting resolved that these projects were to be undertaken on fast track basis and should be up and ready by April 2017.
Secretary to the PM Fawad Hasan Fawad, Secretary Finance Dr Waqar Masood Khan and other senior officials of the ministries of finance, water and power, petroleum and natural resources, PPIB and NTDC attended the meeting.