ISLAMABAD: Rupees 78.22 billion local and Rs 15.62 billion foreign exchange component has been allocated in forthcoming budget 2012-13 for as many as 24 ongoing hydel projects.

According to documents available with Business Recorder, Rs 27.22 billion local and Rs 5.7 billion foreign exchange component (Saudi Arabia) for Neelum Jhelum Hydropower Project while Rs 22 billion for Diamer Basha Dam Project Land Acquisition (4500MW) and Rs 6 billion for Diamer Basha Dam project Lot 1 to 5 have been allocated in the Budget 2012-13.

Similarly, Rs 6.842 billion local and Rs 2.5 billion foreign exchange component (Kuwait) for Golan Gol Hydro Power Project, Chitral Khyber Pakhtunkhawa, Rs 3.94 billion local and Rs 1.3 billion foreign exchange component (Abu Dhabi Fund) for Dubir Khawar Hydro Power Project, Kohistan, Khyber Pakhtunkhawa and Rs 1.2 billion local and Rs 780 million foreign exchange component (France) have been allocated for rehabilitation of Jaban Hydro Electric Power Station.

The document further says that Rs 2.1 billion local and Rs 540 million foreign exchange component (Abu Dhabi fund) for Allai Khawar Hydro Power Project, Batagram, Besham Khyber Pakhtunkhawa, Rs 1.032 billion for Jinnah Hydro Power Project, Mianwali, Punjab, Rs 544 million local and Rs 260 million foreign exchange component (Germany) for Keyal Khawar Hydro Power Project, Khyber Pakhtunkhawa and Rs 6.3 billion local and Rs 4.86 billion foreign exchange component has been allocated for Tarbela Fourth Extension Hydel Project.