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Caretaker CM orders fast-track completion of PEDO projects

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Syed Arshad Hussain Shah on Wednesday directed the concerned authorities to finalize an aggressive plan to complete the ongoing hydropower projects under Khyber Pakhtunkhwa Energy Development organization (PEDO) on a fast track and initiate new feasible projects.

He also directed the authorities concerned to immediately appoint the chief executive officer of newly-established Khyber Pakhtunkhwa Grid and Transmission Company so as to make it fully functional.
Moreover, he said pace of work on the execution of already approved plan of PEDO for hydel power generation should be accelerated.
He was chairing the 14th meeting of the PEDO policy board held at Chief Minister’s House. The meeting was briefed about newly-prepared draft of service regulations for CEO PEDO and its executive committee’s members and decided that a committee headed by advisor on energy and power will further scrutinize the draft and submit it for final approval within the next two weeks.
Concerned authorities were also directed to formulate financial rules for PEDO as soon as possible. The participants were apprised of various aspects of the wheeling model for providing electricity to local industries.
The chief minister said wheeling model was of vital importance for providing uninterrupted electricity to local industries at relatively cheaper rates, adding the caretaker government was fully committed to complete the public welfare projects on time.
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