RE: Cabinet approves national budget6 Jun 2024 13:09
In the budget speech, Finance Minister Abul Hassan Mahmood Ali said the power generation capacity was only 4,942 MW in 2009, which has now increased to 30,277 MW including the captive and renewable energy.
"Currently, 27 power plants with a capacity of 9,144 MW are under construction," he said.
The finance ministry said the government has been attaching the highest importance and top priority to the development of the power sector and is implementing various projects to improve the generation, transmission and distribution systems.
"Already, in fulfilment of its pledge, the government has brought 100 percent of the population under the electricity coverage and plans have been taken to increase the power generation capacity to 40,000 MW by 2030 and 60,000 MW by 2041," he said.