BR100 Increased By (0.99%)
BR30 Increased By (1.17%)
KSE100 Increased By (0.81%)
KSE30 Increased By (0.77%)
BECO 5.68 Increased By ▲ 0.09 (1.61%)
BML 64.84 Increased By ▲ 3.81 (6.24%)
BOP 33.60 Increased By ▲ 0.35 (1.05%)
CNERGY 8.24 Increased By ▲ 0.19 (2.36%)
DCL 11.35 Increased By ▲ 0.05 (0.44%)
FCCL 52.91 Decreased By ▼ -0.02 (-0.04%)
FCSC 5.52 Increased By ▲ 0.18 (3.37%)
FFL 17.80 Increased By ▲ 0.19 (1.08%)
FNEL 1.30 Decreased By ▼ -0.01 (-0.76%)
HUMNL 11.24 Increased By ▲ 0.12 (1.08%)
KEL 7.97 Increased By ▲ 0.08 (1.01%)
KOSM 5.44 Increased By ▲ 0.11 (2.06%)
MLCF 86.01 Increased By ▲ 0.66 (0.77%)
NBP 185.00 Increased By ▲ 3.71 (2.05%)
PACE 12.02 Increased By ▲ 0.49 (4.25%)
PAEL 40.21 Increased By ▲ 0.80 (2.03%)
PIAHCLA 25.73 Increased By ▲ 0.10 (0.39%)
PIBTL 17.32 Increased By ▲ 0.17 (0.99%)
PPL 225.30 Increased By ▲ 0.48 (0.21%)
PRL 34.38 Increased By ▲ 0.20 (0.59%)
PTC 65.46 Increased By ▲ 0.38 (0.58%)
SEARL 90.51 Increased By ▲ 0.91 (1.02%)
SSGC 26.76 Increased By ▲ 0.45 (1.71%)
TELE 8.96 Increased By ▲ 0.58 (6.92%)
THCCL 69.44 Increased By ▲ 0.10 (0.14%)
TPLP 11.31 Increased By ▲ 1.03 (10.02%)
TREET 24.55 Increased By ▲ 0.35 (1.45%)
TRG 71.67 Increased By ▲ 2.13 (3.06%)
WAVES 11.45 Increased By ▲ 0.42 (3.81%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)

LAHORE: Federal Minister for Energy (Power Division) Engr. Khurram Dastgir Khan has laid the foundation stone of the 500/132 kV grid station for Allama Iqbal Industrial City (AIIC) at FIEDMC, near Sahianwala interchange, district Faisalabad.

The project, being launched by NTDC, aims to address the energy needs of both the Allama Iqbal Industrial City and M3-Industrial City under the China-Pakistan Economic Corridor (CPEC) projects of Special Economic Zones (SEZs). It will cater for the medium and long-term scenarios by supplying reliable and stable power to support a 600 MW load demand.

Addressing the ground-breaking ceremony, Engr. Khurram Dastgir Khan highlighted the importance of the project, which will significantly strengthen the industries. This grid station will be constructed with an estimated cost of PKR 20 bn and it is targeted to be completed by January 2025.

A 1.5 km long transmission line from Gatti-Ghazi Brotha will also be constructed for providing interconnection to this project. He commended the early completion of NTDC’s projects and appreciated the NTDC management for launching new projects of grid stations and transmission lines.

Federal Minister said that issues regarding imports, related to this project will be solved as early as possible. He advised MD NTDC to complete the project before the stipulated time. He said that we have to contribute in the development of the country instead of complaining.

The Managing Director of NTDC, Engr. Dr. Rana Abdul Jabbar Khan also spoke on the occasion, saying that the project will not only boost the energy sector but also contribute to socio-economic progress and create employment opportunities, further advocating NTDC’s long-standing commitment to driving Pakistan’s national development.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.