“Rupani Development Foundation” is planning to bring in entrepreneurs for Power projects in the Northern Areas. Brig. (retd.) Hisam Ullah Baig, SI (M), vice president of the foundation, has informed Pamir Times about the foundations’s future plans. According to him there are questions about “safety of the investment” that need policy level consideration. In a letter addressed to the KANA division the foundation has sought clarification about govermental policies for private power generation investment.
Government quarters have said that a policy is being formulated in this regard for Gilgit – Baltistan and would, shortly, be submitted to the Chief Executive, Ghazanfar Ali Khan, for approval.
Rupani Development Foundation can do the people of northern areas a great service by filling the energy gap, especially during the cold winters. However, the viabilty of such projects is being questioned on the grounds that already the government has either completed or is starting a lot of hydro power generation plants through out the region. Besides it is being said that private investors are largely concerned about their profits and the public might not be in a position to pay their bills. A week ago we saw a shutter down protest in Gilgit against raise in power terrifs. The question being asked is what different would the Rupani’s offer to power starved land of glaciers, wind and torrents!