PESHAWAR, Pakistan: The Khyber Pakhtunkhwa Minister for Energy Muhammad Atif on Tuesday said that the provincial government would initiate various projects in power sector to produce 1200 MW of electricity by June 2018.
Presiding over a meeting in Peshawar, the minister said that these projects would strengthen the economy in the province besides attracting investment of billions of dollars.
The energy minister said that under the China Pakistan Economic Corridor (CPEC) project, the Chinese investors had shown interest in power projects of 1700 MW projects, adding that many local and foreign investors were also interested to invest in energy sector in Khyber Pakhtunkhwa.
Muhammad Atif said that 32 companies had submitted expression of interest in six power projects of 668 MW recently advertised. He said that these projects of multi million dollars would be handed over to private sector by next month.
The minister said that work on 356 mini micro projects of 35 mega watt would benefit one million people on completion.
The minister for energy claimed that for the first time in history of Khyber Pakhtunkhwa, any government had initiated projects of thousands MW of power production.
