{"id":97679,"date":"2024-06-26T09:19:23","date_gmt":"2024-06-26T04:19:23","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97679"},"modified":"2024-06-26T09:19:25","modified_gmt":"2024-06-26T04:19:25","slug":"govt-announces-funds-new-projects-psdp","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-announces-funds-new-projects-psdp.html","title":{"rendered":"PSDP 2024-25: Major funds earmarked for energy projects"},"content":{"rendered":"\n<p>Islamabad: In its annual Public Sector Development Programme (PSDP) for the fiscal year 2024-25, the government has earmarked PKR 267.95 billion for various ongoing and new initiatives in the power sector. The news has been sourced from an article published a couple of weeks ago.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/nha-approves-procurement-psdp-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">NHA gives nod to procurement of works of various PSDP projects<\/a><\/p>\n\n\n\n<p>The budgetary allocation, detailed in a document released recently, divides the funds as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PKR 113.76 billion allocated for ongoing schemes under the PSDP.<\/li>\n\n\n\n<li>PKR 17.40 billion allocated for new schemes.<\/li>\n\n\n\n<li>PKR 136.79 billion allocated from own resources.<\/li>\n<\/ul>\n\n\n\n<p>The breakdown of the allocation reveals a local component of PKR 135.56 billion and a foreign loan component of PKR 132.39 billion. Notable allocations for ongoing schemes include PKR 4.5 billion each for the 220\/132 Kv GIS substation in Dhabiji and the 220 Kv Haripur Substation, PKR 6 billion for the 220Kv Swabi Substation, and PKR 38 billion for the installation of the 2&#215;600 MW Coal Fired Power Project GENCO-I in Jamshoro.<\/p>\n\n\n\n<p>For new schemes, significant allocations include PKR 6.25 billion for land acquisition for a 1200 MW solar power plant in Layyah, PKR 4.5 billion for electricity distribution improvement, and PKR 6 billion for the installation of an assets performance management system for 100 kV and 200 kV distribution transformers.<\/p>\n\n\n\n<p>Additionally, funds have been allocated for the evacuation of power from various projects such as Dasu HPP stage-1, Suki Kinari, Kohala, and Tarbela 5<sup>th<\/sup> Extension, among others. Investments are also planned for grid station extension and augmentation projects in Islamabad West, Arifwala, and Sialkot.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/gb-allocates-pkr-1-402tn-budget.html\" target=\"_blank\" rel=\"noreferrer noopener\">GB Govt presents PKR 1.402tn Budget 2024-25<\/a><\/p>\n\n\n\n<p>These allocations highlight the government&#8217;s commitment to enhancing Pakistan&#8217;s power infrastructure, ensuring reliable electricity supply across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: In its annual Public Sector Development Programme (PSDP) for the fiscal year 2024-25, the government has earmarked PKR 267.95 billion for various ongoing and new initiatives in the power sector. The news has been sourced from an article published a couple of weeks ago. Read: NHA gives nod to procurement of works of various PSDP projects The budgetary allocation, detailed in a document released recently, divides the funds as follows: The breakdown of the allocation reveals a local component of PKR 135.56 billion and a foreign loan component of PKR 132.39 billion. Notable allocations for ongoing schemes include PKR 4.5 billion each for the 220\/132 Kv GIS substation in Dhabiji and the 220 Kv Haripur Substation, PKR 6 billion for the 220Kv Swabi Substation, and PKR 38 billion for the installation of the 2&#215;600 MW Coal Fired Power Project GENCO-I in Jamshoro. For new schemes, significant allocations include PKR 6.25 billion for land acquisition for a 1200 MW solar power plant in Layyah, PKR 4.5 billion for electricity distribution improvement, and PKR 6 billion for the installation of an assets performance management system for 100 kV and 200 kV distribution transformers. Additionally, funds have been allocated for the evacuation&hellip;<\/p>\n","protected":false},"author":88,"featured_media":76995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[58600,22758],"persona":[],"class_list":{"0":"post-97679","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-psdp-news-and-updates","9":"tag-public-sector-development-programme-psdp","10":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt Announces Funds for New Projects in PSDP - Zameen News<\/title>\n<meta name=\"description\" content=\"Govt allocates PKR 267.95 billion in FY 2024-25 PSDP for ongoing and new power sector initiatives, as reported recently.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-announces-funds-new-projects-psdp.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt Announces Funds for New Projects in PSDP - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Govt allocates PKR 267.95 billion in FY 2024-25 PSDP for ongoing and new power sector initiatives, as reported recently.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-announces-funds-new-projects-psdp.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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