PESHAWAR: Chief Minister Khyber Pakhtunkhwa (KP) Mahmood Khan says work on Rashkai Financial Zone to start out from November, this yr.
He was talking in a ceremony, after signing an settlement with a non-public group of industries for the supply of electrical energy at cheaper charges, reported Radio Pakistan.
Beneath the settlement, the provincial authorities will present 18MW electrical energy from Pehur Hydro Energy Challenge to those industries on ten rupees per unit fee.
It can generate income of greater than 300 million rupees yearly.
Mahmood Khan stated the federal government is planning to assemble one thousand micro hydro-power tasks in several areas of the province to beat the scarcity of electrical energy.
He stated Chashma Proper Financial institution Canal is being constructed to develop agriculture in Southern districts of the province.
Learn extra: Minister directs for provision of utilities to ‘Rashkai’ financial zone
Earlier, Federal Minister for Planning, Improvement and Reforms Khusro Bakhtyar had harassed upon the provincial authorities to develop Rashkai just for industrial functions and discourage actual property enterprise.
He, whereas highlighting the significance of particular financial zones, had maintained that the commercial parks could be developed aligned with native obtainable assets.