Khursheed Shah – Latest News – The Nation

ISLAMABAD/LAHORE – Federal Minister for Water Sources Syed Khursheed Ahmed Shah visited WAPDA Home on Saturday and had a briefing in regards to the progress in addition to post-flood scenario at under-construction WAPDA initiatives.
Addressing the members, the federal minister underlined the importance of developing dams and hydropower initiatives. He stated that is our collective accountability to maneuver ahead for harnessing water assets within the nation. It will allow us to retailer water for irrigation, management floods and generate low-cost and setting pleasant hydel electrical energy. Reviewing the post-flood scenario, the federal minister expressed satisfaction over the contingency plans of WAPDA to mitigate the doable delays in completion of the initiatives as a result of latest floods. He assured that Ministry of Water Sources would totally assist WAPDA on this regard.
Earlier, Chairman WAPDA Lt Gen (r) Sajjad Ghani apprised the federal minister in regards to the grim water scenario in Pakistan. He stated we’ve no different choice however to construct extra dams to enhance water scenario within the nation. He additionally knowledgeable the minister about opposed affect of the latest floods on the development websites of Dasu Hydropower Mission and Mohmand Dam. The chairman stated each effort is being made to renew development actions on these initiatives within the shortest doable time by devising an efficient technique. It’s price mentioning right here that WAPDA is developing 10 initiatives in water and hydropower sectors with gross water storage capability of 11.7 MAF and energy technology capability of 11,268 MW.
In the meantime, Federal Minister for Water Sources Syed Khurshid Ahmad Shah has stated that we’re losing water price $ 10 to fifteen billion yearly whereas we glance to the world for the help of $2 billion.
He was talking on the Lahore Chamber of Commerce & Trade. LCCI President Mian Nauman Kabir offered the tackle of welcome whereas Senior Vice President and Vice President Haris Ateeq additionally spoke on the event. Former LCCI office-bearers and Government Committee Members had been additionally current.
Syed Khurshid Ahmad Shah stated that we had been planning to extend agriculture manufacturing to export however the floods have given an enormous blow. He stated that water capability of Pakistan is 140 million acre ft however the storage capability is simply 13 million acre ft. He stated that the infrastructure is being constructed that can improve the storage capability by 14 to fifteen million acre ft. He stated that 80% economic system is said to agriculture however it’s being ignored.
The minister stated that 50-60 years in the past, rupee and greenback had been virtually equal however immediately there’s a big distinction. The principle motive is that individuals don’t belief and the world is confused about Pakistan. He stated that in 1994-95, an settlement was signed to provide low cost electrical energy from coal but it surely was terminated as quickly as the federal government modified.
LCCI President Mian Nauman Kabir stated that the politicians stated that the dams might be constructed on their useless our bodies, immediately, they’ve greater than 1200 our bodies subsequently, the dams ought to be constructed with none additional delay. He stated that the floods are getting worsen with the passage of time. First floods and later droughts play havoc with the nation. He stated that Iran is saving water by man-made lakes whereas we’re losing it to the ocean.
Mian Nauman Kabir stated that sadly, financial points will not be being mentioned in cupboard. He stated that the period of geopolitics is over, now could be the period of geo-economy.
“We realized immediately’s scenario 4 or 5 years in the past, Syed Khurshid Ahmad Shah stated and added that the opposition proposed a constitution of economic system to the then authorities although it ought to have been requested to the opposition by the federal government. He stated that Pakistan is a wealthy and resourceful nation, whether it is guided in the proper course, it may possibly develop into self-reliant.
The minister knowledgeable the home that they’ve made 30 legislations in a day which is a file. He LCCI efforts for the flood affectes are commendable. He stated that the enterprise neighborhood has performed a number one function within the developed economies.
Mian Nauman Kabir stated that the devastating floods have performed havoc and created newer & greater challenges for us. This situation requires taking instant steps by all of the segments of society to rescue the individuals who’re nonetheless caught in floodwaters and organize most assist to internally displaced individuals.
He stated that at any time when any pure calamity occurred on our nation, LCCI has been making all out efforts. We have now not solely created Flood Reduction Fund price 50 million rupees but in addition supplying tents, meals gadgets to the affected areas to ease their hardships.
He stated that the Government Committee Members of LCCI have determined to rebuild a village containing at the least 100 homes by itself bills. This is able to be a neighborhood based mostly growth undertaking which can embody a faculty, a technical coaching middle, a healthcare middle for normal public and one other healthcare middle for animals. Furthermore, we’ve deliberate to produce electrical energy to the village via photo voltaic panels and guarantee full preparations for correct sanitation.
The LCCI president stated that this example requires developing new dams both small or huge to mitigate the drive of floodwaters. If there have been water reservoirs well timed constructed close to the banks of nationwide rivers, the scenario wouldn’t have been that worse.
He drew the eye of Minister in direction of Pakistan’s power combine that could be very inefficient as 60% of our power continues to be generated from costly fossil gasoline based mostly thermal sources whereas the share of cheaper renewables (together with Photo voltaic, Wind and Bagasse and many others.) in our electrical energy technology is lower than 5 %.
He stated that present inefficient power combine makes our power sector extremely weak to the fluctuation in world oil costs and ends in tariff hikes, subsidies, round debt and inefficiencies. These components altogether hamper the competitiveness of our industrial sector.
Mian Nuaman Kabir stated that there’s a must concentrate on Renewable Vitality, significantly Photo voltaic Energy. He strongly proposed that Particular Financing Schemes at low price charges ought to be initiated for financing of renewable power initiatives.
He stated that the inflation fee for the month of August 2022 has already gone to 27.3% and the problem of extreme electrical energy payments is including gasoline to the hearth. The honorable courts have additionally given the instructions that gasoline adjustment costs shouldn’t be collected from the customers. Regardless of these orders, the DISCOs are gathering gasoline adjustment costs. This apply is unfair and adversely impacting the competitiveness of companies. We request that gasoline adjustment costs already collected from the customers ought to be refunded again instantly.

| Wapda chairman says nation must construct extra dams to enhance water scenario