KP government approves corporate structure of PEDO
Chitral Times Report
PESHAWAR: The Government of Khyber Pakhtunkhwa has approved
the corporate structure of the Provincial Energy Development
Organization (PEDO) to run it as an autonomous commercial entity
and expedite the process of energy generation. The corporate
structure envisages formation of Khyber Pakhtunkhwa Power Company
Limited and Khyber Pakhtunkhwa Private Power Board within one
The approval was accorded at a high level meeting of the Energy
Apex Committee of Khyber Pakhtunkhwa Government which met here with
Chief Minister Pervez Khattak in the chair. The meeting was also
attended by the Provincial Minister for Energy and Education,
Muhammad Atif Khan, Minister Finance, Muzzaffar Said, Senator
Mohsin Aziz, Member National Assembly, Asad Umer, Chief Secretary
Khyber Pakhtunkhwa, Amjad Ali Khan, Additional Chief Secretary Dr.
Hamad Awais Agha, Principal Secretary to the Chief Minister, Dr.
Shahzad Bangash, Secretaries of Energy, Finance and Planning &
Development Departments, and other concerned officers.
The meeting discussed at length the future of the provincial Energy
and power department. It was decided that in order to ensure rapid
execution of energy generation projects and avoid bureaucratic
hurdles in energy related projects, an autonomous entity would be
formed under the Energy and Power Department of Khyber Pakhtunkhwa.
The proposed independent company will exploit the potential of 30
thousand Megawatt hydro Power generation in the province besides
facilitating and developing the oil and gas sectors for enhancing
their production according to the targets fixed up to the year
The meeting expressed satisfaction over oil and gas exploration and
production activities of Khyber Pakhtunkhwa Government and it
decided to recommend the oil companies which approached the
provincial government for setting up oil refineries in southern
districts of the province, for consideration of the federal
The Chief Minister Pervez Khattak on this occasion assured to
facilitate the oil companies for establishing refineries in Khyber
Pakhtunkhwa and directed the energy department to focus on other
parts of the province where clear signs of availability of oil and
gas reserves have surfaced.
He told that the federal and the provincial governments have in
principle reached an agreement for resolving issue of gas provision
for domestic use in the southern districts under a formula.