CNEC Approves National Program For Solarization Of Agriculture Tube Wells

The Federal Water Management Cell (FWMC) and the Provincial Departments of Agriculture will work with the Ministry of National Food Security to carry out the project.

CNEC Approves National Program For Solarization Of Agriculture Tube Wells

The meeting of the Executive Committee of the National Economic Council (ECNEC) was presided over by the federal minister of finance and revenue. The Prime Minister’s National Program for Solarization of Agriculture Tube Wells in Punjab, Sindh, KPK, and Baluchistan, with a cost of Rs. 377,236.275 million and a gestation period of three years, was considered by the ECNEC and approved.

For the fiscal year 2023–2024, Phase-I of the National Program For Solarization project will cost Rs. 90 billion, including Rs. 30 billion from the PSDP and an equivalent share from the provincial governments and beneficiary farmers.

By converting the 100,000 existing tube wells into solar PV systems, this project seeks to increase agricultural productivity using clean and environmentally friendly energy. The Federal Water Management Cell (FWMC) and the Provincial Departments of Agriculture will work with the Ministry of National Food Security to carry out the project.

The Khyber Pakhtunkhwa Rural Investment & Industrial Support Project (RIISP), to be carried out by the KP government in districts of Bajur, Khyber, Kurram, Mohmand, North Waziristan, Orakzai, South Waziristan, and erstwhile FR regions, at a cost of Rs. 110,700 million, including an IDA loan of $300 million from the World Bank and Govt. of Khyber Pakhtunk (in kind).

The project will be finished in two phases, with each lasting six years (2023-2029 and six years, respectively) (2029-2031).

The Sindh Government’s ongoing “Sindh Solar Energy Project (SSEP)” project, which is being carried out in the Sindh Province by the Energy Department of the Government of Sindh at a revised cost of Rs. 27,418.13 million including FEC of Rs. 24,265.57 million, was also given consideration by the ECNEC.

The National Program For Solarization project will be financed by a World Bank loan consisting of an IDA credit of $100 million (95.2%) and $5 million from the Government of Sindh (4.7 percent). Through this ongoing project, Pakistan will meet its international climate change commitments while enhancing energy security.

The Ministry of Energy’s “Evacuation of Power from 800 MW Mohmand Dam HPP to the National Grid (PC-I)” project was also taken into consideration by the ECNEC before being approved. The project’s rationalised cost was Rs. 14,319.18 million, including FEC of Rs. 6,318.38 million.

Asian Development Bank is the project’s source of funding. National Transmission & Despatch Company (NTDC) will carry out the project in the Khyber Pakhtunkhwa Province districts of Nowshera, Peshawar, and Mohmand.

The Construction of Lahore Bypass from Kalashah Kaku Exit to KLM to Multan Road Near Radio Station (40km approx.) project of the Ministry of Communications was also discussed and approved by the ECNEC at a rationalised cost of Rs. 34,446.585 million without FEC.

The National Highway Authority (NHA) in Punjab Province’s districts of Lahore and Sheikhupura will carry out the project. The Federal government PSDP will fund the entire project.

The Ministry of National Health Services, Regulation and Coordination, along with the provincial health departments, will carry out the revised “Emergency Plan for Polio Eradication” project, which will cost a total of $1,784.90 million, with the goal of eradicating polio and making Pakistan polio-free.

Senator Nisar Ahmad Khuhro, SAPMs for Finance and Revenue, Federal Minister for Commerce, Federal Secretaries, and other senior officials from Federal Ministries and Provincial departments attended the meeting.