China helping Pakistan to generate inexpensive electricity: Shehbaz Sharif

Mohmand: Prime Minister Shehbaz Sharif has said that China was helping Pakistan to generate inexpensive electricity amid energy crises.

During a briefing at the Mohmand Dam site here, he stressed the need to immediately shift the country’s power generation capacity to solar and wind power production systems as the costly power generation was continuously depleting the national exchequer.

The PM mentioned that Pakistan had been facing a very acute problem of costly power generation due to import of expensive fuels, and then subsidizing it for the consumers.

He maintained that it was three-tier losses to the national exchequer, as the country had been importing costly fuels for the power generation and then reducing the cost of the power for the consumers.

The prime minister, referring to the timely completion of the hydel power projects, opined that those projects and tapping of other natural resources like solar and wind “are our future and we need to immediately shift to that direction, otherwise the economy will continue bleeding annually”.

He also expressed his serious concerns over the damages caused to dykes and the construction site of the dam in the recent floods, which, he said, would delay its completion time and could hamper the country’s progress.

He underlined that the dam’s construction was carried out by the Chinese and Pakistani people, and it would generate 800 Megawatts (MWs) of inexpensive power, besides helping in water reservation and providing protection against flash flooding.

The Prime Minister also appreciated China as the best friend of Pakistan, and said they had complete confidence in its support.

About the recent floods, he reiterated that with collective efforts and support of the people, they would overcome the losses.

It was important to understand that the government had to provide affordable hydel power to the consumers and industries, and if the production was costly due to expensive fuels import, it would continue to cause colossal losses, he added.

The prime minister cautioned that the national exchequer and resources would not be sufficed to meet such expensive production of power.

For the power production with the help of solar and wind power systems, he said, the natural resources should be tapped, like the construction of dams which would be helpful in the storage of water.

Underlining the need for timely completion of dams, he stated that the country’s progress, prosperity and economic development hinged upon their full and timely functioning.

Earlier, Water and Power Development Authority (WAPDA) Chairman Lt. General Sajjad Ghani (retd) gave a briefing over the project.

Mohmand Dam is being constructed on the Swat River in Mohmand District of Khyber Pakhtunkhwa, which will be completed in 2026.

On completion, the dam will store about 1.2 million acre feet (MAF) of water and help mitigate floods in Peshawar, Charsadda and Nowshera. Besides supplementing 160,000 acres of existing land, about 18,237 acres of new land will also be irrigated.

The Mohmand Dam Power House will generate 800 megawatts (MW) of hydel electricity, contributing 2.86 billion units of low-cost and environment-friendly hydel electricity annually to the national grid. Annual benefits of the project have been estimated at Pakistani Rs 51.6 billion.