Electricity Prices Are Rising Due of Expensive Oil Imports, Says PM Shehbaz

According to Pakistan’s prime minister, Shehbaz Sharif, the cost of electricity has significantly increased because Pakistan imports expensive oil for its electricity production.

During his Monday visit to the Mohmand Dam Project site, the prime minister spoke with the media.

The necessity to concentrate on accessible energy sources including solar, wind, and hydropower has been underlined by Prime Minister Muhammad Shehbaz Sharif. pic.twitter.com/W4lXU0XAMs
29 August 2022, Prime Minister’s Office (@PMO PK)

The prime minister, while emphasizing the need to focus on cheap sources of electricity, highlighted that dams play an important role in the production of cheap electricity and the prevention of floods. He said the Mohmand dam will be constructed within its stipulated time to increase agriculture development in the area

The premier said the floods have caused unprecedented devastation; hence the rehabilitation process will take time.

On the occasion, the Chinese engineers briefed the prime minister on the project. The prime minister stated that the cooperation extended by China to Pakistan in power projects is significant.