Prime Minister Muhammad Nawaz Sharif inaugurated country’s first private hydropower project

Jul 16, 2013

Prime Minister Muhammad Nawaz Sharif inaugurated country’s first private hydropower project earlier today. Federal Minister for Water & Power Khawaja Asif accompanied the PM. The 84MW run-of-the river New Bong Escape Hydropower Project is expected to provide electricity to Wapda at about Rs8.7 per kwh, compared to average thermal generation cost in excess of Rs18 per unit.

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The commercial production at the project is estimated to save about 135,000 tons of imported oil costing over $100 million per annum. Government’s main priority is to generate cheap electricity which is affordable by each and every citizen of this country.