Budget 2019-20: PKR 165 Bn Planned for Power and Dams’ Projects
Islamabad: The Ministry of Revenue suggested allocating 85 billion PKR and 80 billion PKR to the building of the dams and electric power projects in the fiscal year 2019-20, respectively, according to a media report. The projects are created under the Public Sector Development Program.
Out of the suggested PKR 85 billion for the construction of the dam, Diamer-Bhasha Dam was allocated PKR 20 billion and Mohmand Dam was allocated PKR 15 billion. Furthermore, the Dasu Hydropower Project will receive 55 billion PKR.
The Minister of State for Revenue, Hammad Azhar, said during his 2019-20 budget speech yesterday that the national development program is focused on building dam and wastewater projects.
He also stated that the suggested PKR of 20 billion will be spent on land acquisition for Diamer-Bhasha Dam.