PESHAWAR: Prime Minister Muhammad Nawaz Sharif on Friday announcing reduction of power tariff by Rs 2.32 per unit, said the step would provide relief to domestic users, industrialists and farmers.
Talking to media persons here at the Governor House, the Prime Minister said that the government despite financial constraints was pursuing a policy of providing relief to the masses to ensure their progress and prosperity.
He said petroleum prices were also expected to be further slashed later this month.
The Prime Minister said earlier he had launched Hazara Motorway for the people and now he was annoucing reduction in power tariff.
“This is part of my vision of a developed Khyber Pakhtunkhwa and a real Naya Pakistan,” he said.
The Prime Minister said that the government was also making concerted efforts to change the energy mix from thermal to other affordable sources including coal and hydro generation to bring down the cost of electricity production.
He said low-cost electric generation by coal-fired and Liquefied Natural Gas-based power houses would help lower the cost of production viz a vis exportable goods and help local products compete the international markets.
He said with China’s investment, the construction of power houses was underway and would start generating electricity in three years. He said sit-ins had delayed installation of these power houses.
He said industrialists were ambitious to invest in the country but power shortage was a major impediment in this regard.
Nawaz Sharif said uninterrupted supply of electricity to the masses was his commitment, which he vowed to fulfill during his tenure.
He recalled that during his earlier tenure in late ’90s, the country was self-sufficient in power generation and had surplus electricity to be exported to India.
He said had the previous governments taken steps for power generation, the country would not have to face the present power crisis.
The Prime Minister said power theft was another big challenge and stressed upon immediate steps to control it. He emphasized the need for checking corrupt practices, within the departments and electricity users.
He also stressed on improving the transmission system. He was already heading a cabinet committee tasked to take measures in this regard, he added.