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
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.