ISLAMABAD: Minister for Planning Ahsan Iqbal on Thursday said a number of energy projects were at advance stage and most of them would be completed by end 2017 or early 2018.
“There will be no energy shortage by 2018,” he said while speaking at a function in Islamabad.
The minister said a South-West transmission line project in cooperation with China was also underway as the country’s existing transmission system was not capable to bear load of electricity over 16,000 MW.
Speaking about China-Pakistan Economic Corridor, he said this vital project would equally benefit all the provinces in addition to changing the fate of over three billion people living in the region.
Ahsan Iqbal said the country’s economy was in a take-off position as its macro-economic indicators are improving.