Khyber Pakhtunkhwa (KP) Chief Minister Ameer Haider Khan Hoti has directed that work on hydel generation projects should be expedited and as the sector is of prime importance for stability of economy and future of the province. He was chairing the Board of Directors meeting of Sarhad Hydel Development Organisation (SHYDO) here in his office on Wednesday.
Participants of the meeting included Provincial Minister Rahim Dad Khan, Finance Minister Mohammad Hamyun Khan, Chief Secretary, Additional Chief Secretary, Secretaries Finance, Law and Industry, Managing Director SHYDO and other concerned officers. A 10-point agenda was under discussion and important decisions were taken.
The Managing Director of SHYDO, Bahadar Shah, briefed the meeting regarding privatisation of small hydel stations, progress on on-going schemes and other related matters. Construction of Sharmai Hydel Power Plant under public sector has been agreed and a committee under Additional Chief Secretary has been constituted for finalising private sponsored feasibility report.
The committee will submit its report within three weeks. Other members of the committee are Secretaries Energy and Power, Finance, Planning and Development and MD, Bank of Khyber. The Board also approved submission of report of financial statements to the provincial Assembly.
The Chief Minister approved Rs 60.370 million out of Provincial Government's Special Package for development for reconditioning of Sahibzada Abdul Qayum Road, Fort Road, Michni Road, Artillery Road and Gunner Lane in Peshawar Cantonment area. The Frontier Highway Authority will execute work on the roads and will hand it over to Cantonment Board Authority. The condition of these roads deteriorated due to rain and other development works. The Chief Minister took serious notice of the matter and directed FHA for major rehabilitation of these roads. The cost estimate is amount Rs 60.370 million.