PESHAWAR: Khyber Pakhtunkhwa, the largest hydropower producer in the country, received Rs33 billion in profits from hydroelectricity generation in the last fiscal, which was nearly half of the Rs65.8 billion given to Punjab during the same period, shows the finance ministry’s data.

The profits from generation of hydroelectricity, known as net hydel profits (NHP), are payable to provinces, where power plants are located, under the Article 161(2) of the Constitution.

Budget documents showed that in 2024, the province projected its revenues from NHP, including current proceeds, arrears and un-reconciled arrears, at Rs111.3 billion, which was later revised to Rs113 billion. Similarly, in the current fiscal, the province has projected its NHP profits at Rs105.9 billion.

Adviser to the chief minister on finance Muzzamil Aslam told Dawn that the federal government paid over Rs65.8 billion NHP to Punjab last fiscal compared to Rs33 billion released to KP.

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He said the........

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