BR100 Decreased By (-0.39%)
BR30 Decreased By (-0.26%)
KSE100 Decreased By (-0.42%)
KSE30 Decreased By (-0.41%)
AGHA 7.66 Decreased By ▼ -0.03 (-0.39%)
BECO 5.68 Increased By ▲ 0.44 (8.4%)
BML 61.15 Increased By ▲ 0.93 (1.54%)
BOP 34.90 Decreased By ▼ -0.38 (-1.08%)
CNERGY 13.30 Increased By ▲ 0.17 (1.29%)
CSIL 6.14 Increased By ▲ 0.03 (0.49%)
FCCL 57.85 Decreased By ▼ -0.12 (-0.21%)
FFL 16.25 Decreased By ▼ -0.17 (-1.04%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.59 Increased By ▲ 0.11 (1.47%)
KOSM 5.97 Decreased By ▼ -0.07 (-1.16%)
LOTCHEM 27.96 Increased By ▲ 0.21 (0.76%)
MLCF 100.80 Decreased By ▼ -2.18 (-2.12%)
NBP 203.86 Decreased By ▼ -2.18 (-1.06%)
NCPL 62.40 Increased By ▲ 0.16 (0.26%)
NPL 71.10 Decreased By ▼ -0.19 (-0.27%)
OGDC 322.30 Decreased By ▼ -1.48 (-0.46%)
PACE 11.42 Decreased By ▼ -0.09 (-0.78%)
PAEL 43.55 Decreased By ▼ -0.35 (-0.8%)
PIBTL 16.55 Decreased By ▼ -0.13 (-0.78%)
PPL 230.00 Increased By ▲ 0.53 (0.23%)
PRL 71.60 Increased By ▲ 1.49 (2.13%)
PTC 71.99 Decreased By ▼ -0.16 (-0.22%)
SSGC 27.20 Increased By ▲ 0.09 (0.33%)
TBL 9.80 Decreased By ▼ -0.06 (-0.61%)
TELE 8.73 Increased By ▲ 0.01 (0.11%)
TPL 22.15 Decreased By ▼ -0.47 (-2.08%)
TPLP 15.41 Decreased By ▼ -0.27 (-1.72%)
TREET 24.08 Decreased By ▼ -0.13 (-0.54%)
TRG 60.70 Decreased By ▼ -0.43 (-0.7%)

The government did not release any funds during the first quarter of the current fiscal year for power sector projects in Balochistan and southern Punjab under Public Sector Development Program (PSDP).
Funds for five power sector projects in Balochistan were allocated in the PSDP, but these funds were not released against any of the projects during the first quarter, according to status of PSDP released for July-September 2011-12 by the Planning Commission. The government had allocated Rs 150 million for electrification of villages Dera Bugti, Rs 100 million for 132 KV sub-station at deep sea Port Gawadar, Rs 132KV sub-station at Singhar Housing Scheme Gwadar, Rs 100 million 132 KV transmission line Balo Sai Balochistan as well as Rs 100 million for construction of 132 KV grid station at Sui and 132 KV Kashmore but no amount was released for these projects during the first quarter of the current fiscal year. The apparent reason for non-implementation of these projects seems to be deteriorating law and order situation in the province. The government had also allocated Rs 477 million for grid station in southern Punjab in PSDP for 2011-12, but no fund was released for the project during the first quarter of the current fiscal year.

Copyright Business Recorder, 2011

Comments

Comments are closed for this article.