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ISLAMABAD: The Federal
government has given complete authority to provincial
governments and AJK to deal with upto 50MW power projects in
their respective areas as part of the power policy.
A Ministry of Water and Power communiqué said Thursday that
all the four provinces and AJK will manage investments for
upto 50MW power projects.
For projects above 50MW, the provinces and AJK will be the
main drivers and catalysts for marketing and coordinating
projects with the Private Power and Infrastructure Board (PPIB).
Small Power Plants
Small power plants upto 50MW capacity will be implemented
through a one-window facility available at the provincial/AJK
level. All the four provinces will be allowed to develop
projects upto 50MW under this policy.
Fiscal incentives under the newly Power Policy will also be
available for these projects. For small power plants intending
to serve locations not connected or not likely to be connected
to the national grid in the foreseeable future, the
provinces/AJK and respective agencies in these areas will not
be required to follow this policy strictly.
Projects with Previous Policies
The projects approved under previous policies will be governed
by the terms and conditions stipulated therein.
Power Policy
Highlighting various aspects of the policy, credible sources
said that the scope of the Power Policy covers private sector
projects, public sector projects, public-private partnership
projects and projects developed by the public sector.
To facilitate coordination
among various agencies and to help PPIB in taking timely
decisions on various issues while implementing power projects,
a committee under the Secretary Water and Power has been set
up.
PPIB will provide a
one-window facility for implementation of projects above 50MW
capacity. Presently, the combined generation capacity
available in the public and private sector is sufficient to
meet the future power demand upto the year 2004-2005. However,
it would require augmentation during subsequent years.
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