pakistan
Pakistan proposes Rs91 billion for Power Sector Development in FY 2026-27
Key takeaways
- Add ARY News on Google AAResize ISLAMABAD: The federal government has proposed an allocation of Rs91 billion for the Power Division under the Public Sector Development Programme (PSDP) for the upcoming fiscal year.
- According to budget proposals, Rs86 billion has been earmarked for ongoing projects, while more than Rs4 billion has been recommended for new development schemes.
- A key focus of the new budget is the development of a Battery Energy Storage System (BESS) for frequency regulation, with over Rs3 billion proposed for the project during the next fiscal year.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: The federal government has proposed an allocation of Rs91 billion for the Power Division under the Public Sector Development Programme (PSDP) for the upcoming fiscal year.
According to budget proposals, Rs86 billion has been earmarked for ongoing projects, while more than Rs4 billion has been recommended for new development schemes.
A key focus of the new budget is the development of a Battery Energy Storage System (BESS) for frequency regulation, with over Rs3 billion proposed for the project during the next fiscal year. The total estimated cost of the battery energy storage project stands at Rs112 billion.
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