HYDERABAD: Federal Minister for Commerce, Engineer Khurram Dastagir Khan said that the government had started various projects to resolve the issue of load-shedding and reducing its tariff on priority basis.
Speaking at a meeting with officer-bearers of Hyderabad Chamber of Commerce and Industry (HCCI) here on Thursday, he said government would be able to control the issue of load-shedding not fully but situation would be better by end of 2016 because of additional generation from ongoing power projects.
“The government has started many projects including coal and alternative energy sources whereas now about 70 per cent electricity is being produced from oil”, he said adding they were transferring this ratio to other resources including coal and projects have been started at Uch, Port Qasim and Gaddani on imported coal.
Two, more, projects K2 and K3 of 2100 MW were also started and expected to be completed within three years, he said adding the Dasu Dam has capacity of 4300 MW which is to be started and completed in the tenure of next government.
Projects of alternative energy including Jhampir Wind project of 150 MW has also started to add more power to national grid, he said and added that they were also working on LNG project to meet the shortage of Gas.
The legislation would be carried out to set up Land Port Authority in first phase at Wagha, Turkham and Chaman and next phase at Taftan-Iran and Munabao-Khokharapar, he said.
He said due to the efforts by PML-N led government, GSP Plus was extended by EU to Pakistan for 10 years in which 90 per cent products would be exported at zero duty.
Speaking at the occasion, President HCCI briefed the minister regarding issues faced by industry and trade including load-shedding and law and order situation.