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KP to get Rs17bn net hydel profit annually: Khattak

KP to get Rs17bn net hydel profit annually: Khattak

NOWSHERA: Chief Minister Pervez Khattak has said that various matters between the federal and provincial governments have been finalised and the recommendations will be presented to the Council of Common Interests.

“The federal government will ensure payment of Rs17 billion to the province yearly in the head of net hydel profit while a total of Rs112 billion will be paid to the province in different sectors,” he told journalists here on Sunday.

MNA Imran Khattak, Adviser to Chief Minister Mian Khaliqueur Rehman and MPA Idrees Khattak were also present on the occasion.




The chief minister said that federal and provincial governments agreed to produce cheap electricity from 13 projects and reduce the duration of power loadshedding.

He said that the next meeting with Pesco chief executive and Wapda would be held to discuss the issues of net hydel profit and power loadshedding. He said that federal government had agreed to construct 13 dams in the province through foreign investment. 

Mr Khattak said that they would not compromise on the interests of the province. The rights of the people would be protected at all costs, he added. “It is for the first time that provincial government is trying its level best to fulfil all its promises made with people during the general elections,” he claimed.

The chief minister said that the protest by the members of the provincial assembly outside Parliament House in Islamabad was bearing positive results. He said that meeting with federal ministers on Friday was meant for controlling unannounced loadshedding and getting due rights of electricity.

Mr Khattak said that federal government would fulfil the promise of providing 1,600 megawatts electricity to reduce power loadshedding by 50 per cent. “A joint strategy would be adopted by federal and provincial governments against the electricity theft,” he added.

The chief minister said that they were trying to empower the people at grassroots level by holding local government elections in the province. He said that opposition parties would see their position after May 30. He claimed that PTI would sweep the upcoming elections in province.

Mr Khattak said that provincial government did not believe in poll rigging and would not allow any political party to do so. He said that people had rejected both PPP and ANP in the last general elections.

He said that provincial government was not announcing development projects owing to the upcoming local government elections. Work was underway on the already announced projects, he added.

The chief minister claimed that their ministers were not involved in any kind of corruption as they believed in development of the whole province.

Published in Dawn, May 18th, 2015

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