Pak officials asked to expedite work on Neelum-Jhelum project

Image
Press Trust of India Islamabad
Last Updated : Jun 20 2013 | 1:00 AM IST
Prime Minister Nawaz Sharif today directed authorities to expedite work on the Rs 274.88-billion Neelum-Jhelum hydropower project in Pakistan-occupied Kashmir and make it functional by 2014-15 to help overcome the country's energy crisis.
During a visit to the site of the project, Sharif told reporters that the authorities had sought time till 2016 to complete the project but he had declined and instead directed them to finish it by 2014-15.
He said it was regrettable that such projects had not been given due attention because of vested interests but such a culture would have to be changed.
The Neelum-Jhelum project could not be completed over the past few years and its cost had increased to around Rs 275 billion, he said.
"Twenty-nine years have passed but the project is yet to be completed," he said, adding nobody had questioned the gross negligence behind the delay.
"If such projects were given priority in the past, they could have been completed. We are fully committed to complete such projects," he said.
Referring to the energy crisis, Sharif said the government is devising an energy policy that might be finalized within a fortnight.
He said he was optimistic that the government and the people could together resolve the problem.
Responding to a query, he said terrorism was also being tackled seriously.
"The main issues are the lack of economic growth and rising poverty, which gave rise to (terrorism)," he said.
Referring to the proposal for building a Khunjrab-Gwadar-Karachi road and rail link, he expressed his resolve to take up the project soon as it would be a "game changer" for the country.
On June 24, a team will go to China for consultations on the project with other stakeholders, he said.
Syed Raghib Abbas Shah, chairman of the Water and Power Development Authority and the Neelum-Jhelum company chief briefed the premier on the project.
The power house of the project is located at Chattar Kalass, 22 km south of PoK capital Muzaffarabad.
The installed capacity of the project is 969 MW.
The original cost of the project was Rs 130 billion but it later escalated to Rs 274.882 billion due to a change in design and requirement of machinery after the earthquake of 2005.
China's Gezhouba Group Corporation is constructing the 62-km tunnel and a workforce of about 5,000 is involved in the project.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 20 2013 | 1:00 AM IST

Next Story