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Govt ‘fails’ to utilize funds on power projects

Online
Islamabad
Of total Rs65 billion approved budget for 204 power projects, the government could release only Rs1.5 billion for seven power projects, official documents available with Online revealed on Tuesday.
Less investment on the power projects shows that the government’s slogan of providing cheap electricity to the masses was false.
The government had allocated a total of Rs36.650 billion, for water projects, including the Kachhi Canal project, but it could release Rs23 billion for 36 projects.
Instead of making investment on power projects, the government had spent a share of the fixed amount on establishing the country’s transmission system.
According to the official documents, the government had approved Rs90 million (for the establishment of 132 KV grid station, over Rs20.7 million for a power project in Orakzai Agency, Rs390 million for NA-50 power project, Rs500 million for Northern Lahore power project, Rs230 million for Mansehra-Abbottabad power project, Rs100 million for NA-109 Mandi Bahuddin, over Rs130 million for a solar tube well project Khusdar.
In the nut shell, the government could not release funds for as many as 197 big and small projects and schemes.
Likewise, the government had approved Rs1 billion for Diamer Bhasha Dam in the fiscal budget 2018, Rs3.5 billion for Dasu Dam, Rs 2.4 billion for Golen Gol hydropower project, over Rs4.8 billion for Neelum-Jhelum project and around Rs690 million was fixed for Tarbela extension-5 but the allocated fund could not be released for all these important projects.
The government treatment with the water projects also remained same. The government had approved a total of Rs23 billion for water different schemes, however, it could approved only Rs10 billion for Kachhi Canal project.
Similarly, the government had approved Rs800 million for the extension and construction of small dams but it could release 520 million. Subsequently, the government had approved 500 million for Nalguj Dam but could release 480 million.
A total of 500 million was fixed for the up-gradation of Mangla Dam. The government, however, could release 160 million from the fixed amount.
Meanwhile, 700 million was allocated for Deg Nullah, Punjab but the government could release 560 million.
Of a total 80 approved water schemes, the government could release funds for 44 schemes.



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