Islamabad, 15th February, 2017: Numerous projects based on affordable fuels of coal, hydro and RLNG are at final stages of completion to bridge the demand-supply gap and future requirements. It was a challenge before the present Government to arrange sufficient megawatts to meet our country's electricity requirements but we did not only accept this challenge but opted for a tougher choice of generating affordable electricity to accomplish our promise to the nation. This was said by the Minister for Water and Power, Khawaja Muhammad Asif while presiding over 109th meeting of Private Power and Infrastructure Board held here today in the Ministry of Water & Power. The Minister said that the current government believes in the policy of facilitating investors, and extending full support to them  for processing and timely completion of their projects.


The Board was informed that the first hydro power project in Khyber Pakhtunkhwa Province being developed by the private sector under the CPEC and so far the largest hydro IPP in Pakistan i.e. 870 MW Suki Kinari Hydropower Project has achieved financial close and simultaneously started construction activities.


In order to ensure reliable and sufficient power to the strategic area of Gawadar, the Board approved processing of 300 MW Coal based Power Project at Gawadar which is being developed by China Communication Construction Company (CCCC) and included in the framework of China-Pakistan Economic Corridor (CPEC). Besides ensuring energy supplies, due facilitation is also being extended by PPIB for augmenting transmission network in the country to transmit electricity from upcoming power projects. In this regard, the Board granted approval to PPIB for issuance of Letter of Interest to +660 kV High Voltage DC Matiari-Lahore Transmission Line Project which is being developed by China Electric Power Equipment & Technology Co. Ltd (CET) under the CPEC. This Project is not only the first transmission line project being developed by the private sector but it will also be the first ever HVDC transmission line in Pakistan which features converter stations at both ends and grounding electrode stations near Lahore and Matiari. The HVDC transmission system offers many advantages for power transmission over longer distances in terms of more transmission capacity, lesser losses and cost effectiveness etc.  This project will open a new horizon through introduction of HVDC technology in Pakistan and provision of training and development of skills for local professionals to implement and operate such project in Pakistan in future. Simultaneously, the Board approved Implementation Agreement (IA) and Transmission Services Agreement (TSA) for submission to the ECC.


Earlier, ongoing power projects were also reviewed the meeting in context to the overall electricity situation in the country. The Managing Director PPIB Mr. Shah Jahan Mirza while briefing the Board on the performance of PPIB stated that during the tenure of the present government, PPIB is handling largest portfolio of its history comprising thirty projects of more than 19000 MW. The Managing Director further briefed the Board that PPIB is putting in untiring and unprecedented efforts to meet the challenging and ambitious timelines of the current government for addition of huge quantum of power generation capacity in the national grid within few years to eliminate load shedding from the country. This is evident from the fact that the target to commission 14000 MW in next five years is double of the total capacity addition made during the 20 years through PPIB's facilitation out of which 9000 MW are expected to be materialized during next one and a half year.

The Minister and the Secretary Water and Power in their concluding words appreciated the efforts of PPIB in increasing energy security and achieving energy efficiency by optimal expansion of integrated transmission & generation infrastructure and remarked that PPIB's performance is evident from the fact that PPIB has processed various projects of around 12000 MW during the period of last one year which they attributed a wonderful service for the country.




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