PRIVATE POWER & INFRASTRUCTURE BOARD

 

GOVERNMENT OF PAKISTAN

MINISTRY OF WATER & POWER

   
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PPIB ISSUES LOIs TO 3440 MW COAL POWER PROJECTS
12-MAR-2015

Islamabad, 12th March 2015: All resources are being utilized to achieve the self-sufficiency in the power generation. Coal being one of the prime sources for power generation in Pakistan, so far six (6) coal based power projects of 3440 MW have been issued Letters of Interest (LOIs) while another five (5) of 4740 MW are under process for issuance of LOIs by PPIB. Besides coal, hydel, wind, solar and nuclear resources, the GoP is also optimizing R-LNG which is another vital source of generating cheaper megawatts. This was stated by the Federal Minister for Water & Power Khawaja Muhammad Asif while chairing 100th meeting of the Board of PPIB held here today.

 

Ongoing private power projects were discussed in the meeting today in context to the overall electricity situation in the country. The Managing Director PPIB briefed the Board on coal and hydel based private power generation projects being handled by PPIB which are at different stages of processing/development. Managing Director PPIB further briefed the Board that standardized security package documents comprising Implementation Agreement & Power Purchase Agreement for coal power projects have been prepared by PPIB. Furthermore, as per the decisions of Economic Coordination Committee of the Cabinet and Cabinet Committee on Energy, PPIB has drafted a new investor friendly Power Generation Policy 2015 with comments from all stakeholders, which accommodates new fuel provisions like Coal and R-LNG for power generation. The policy will be submitted to the Council of Common Interests in a couple of days for formal approval.

 

Hydropower projects were also discussed with specific reference to the ones included in the "early harvest projects" priority list of the China Pakistan Energy Corridor, and the Board advised PPIB to expedite 870 MW Suki Kinari hydropower project on River Kunhar, District Mansehra, Khyber Pakhtunkhwa and 720 MW Karot Hydropower Project on River Jhelum at the boundary between Punjab and AJ&K.

 

Under the Minister for Water and Power, Khawaja Muhammad Asif, the meeting was attended by Secretary Water & Power, Mr. Mohammad Younus Dagha, Chairman WAPDA, Mr. Zafar Mahmood, Managing Director PPIB, Mr. Shah Jahan Mirza, members  from public and private sectors besides senior officials of PPIB and  other government officials.

 

 

 
 
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