The Punjab government has allocated Rs 9,000 million in ADP 2011-12 to make investments in power projects for power generation during the current year. As per budget document, the Punjab government attaches high priority to accelerate development of energy resources in the province to overcome electricity shortage that was a major bottleneck impending growth of the provincial economy.
It may be noted that the 2002 Power Generation Policy of the Government of Pakistan allows provinces as well as AJK to develop power generation projects of 50MW. The government of Punjab reactivated and strengthened Punjab Power Development Board (PPDB) and the major MTDF (2011-2014) initiatives for energy security under the provincial power sector are as follows: ADB assisted Renewable Energy Development Sector Investment Programme envisaging Rs 11.9 billion investment for the construction of five hydropower projects at different places.
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