LAHORE: The Punjab government has earmarked a huge sum of Rs20.431 billion for the energy sector, aiming to provide affordable energy to all segments of economy. The last fiscal year’s allocation for the sector was Rs10 billion. Out of total allocation, Rs4.555 billion would be spent on on-going schemes and Rs15.875 was allocated for new schemes.

The targets for 2013-14 are: construction of five hydropower projects at Marala (7.64 mw), Pakpattan (2.82mw), Deg Fall (4.04mw), Chianwali (5.38mw) and Okara Hydropower station (4.16mw).

Feasibility of establishing dedicated coal-based power projects, civil works, installation of 2.4 mw solar PV project and construction of 120 mw through private sector is underway.

The government claimed to set up centre for energy research and development at KSK campus UET Lahore and installation of solar photovoltaic power plant atIslamiaUniversity.  

The government had fixed Rs 10 billion for Punjab Energy Department in past fiscal years, however, no significant initiatives had been taken for the development of energy resources in the province.