PRIVATE POWER & INFRASTRUCTURE BOARD

 

GOVERNMENT OF PAKISTAN

MINISTRY OF WATER & POWER

   
  NEWS/EVENTS

 

OUTSTANDING CONTRIBUTION IN POWER GENERATION BY PPIB

117th meeting of PPIB

25-MAY-2018
 

Islamabad, 25th May, 2018: Federal Minister Power Division Mr. Awais Ahmad Khan Leghari while chairing the 117th meeting of the Private Power and Infrastructure Board (PPIB) held today remarked that the government has removed the darkness of load shedding from the country by completing energy projects in a record period of time and added that process of industrial development will be accelerated and job opportunities will be enhanced due to overcoming of energy crisis. He said that along with other stakeholders of the Power Sector, PPIB has contributed addition of maximum megawatts to the national grid. He said that just five years ago, energy, terrorism and violence were Pakistanís biggest challenges but our government has overcome these evils within a brief term of five years and we can see that Pakistan is rising towards becoming a strong economy.

 

Managing Director Private Power and Infrastructure Board (PPIB) Mr. Shah Jahan Mirza briefed the Board on overall performance of PPIB during the last five years in developing Pakistan's power sector. The Board was briefed that since June 2013, PPIB has managed to handle biggest and most diversified portfolio of its history and delivered exceptional results. Implementation of major portion of China-Pakistan Economic Corridor (CPEC) energy program comprising coal, hydro and transmission line projects was the prime task. PPIB as the leading institution of the GoP, processed these projects diligently. The Board of PPIB has been extremely supportive, and with the blessing of the government, during the past five years PPIB started from scratch twenty-three projects with a cumulative capacity of 17,513 MW, while twelve projects of 11,538 MW have started construction, and nine projects accumulating to 6920 MW have achieved COD and supplying reliable electricity to the national grid, bringing total number of IPPs commissioned through PPIB to 15,469 MW. He added that from the current portfolio of projects being processed by PPIB, we target to add another around 1800 MW to the grid by end of this year.

 

In today's meeting, various decisions were taken by the Board for smooth and effective implementation of ongoing projects. The Board agreed extension in Commercial Operation Dates (CODs) of 330 MW Thar Energy Ltd and 330 MW ThalNoa Thar Power Limited both at Thar Block-II. The Minister indicated the need of timely completion and synchronization of the transmission line project with the upcoming generation projects in Karachi and Thar, as evacuation and transmission of electricity from these plants heavily relies on the timely completion of Matiari-Lahore Transmission Line project. Extension in LOI was also accorded to 300 MW Coal Power Project at Gwadar..

 

In his concluding remarks the Minister stated that during his tenure as Minister Power Division, the teams at the Power Division, PPIB and other key players, have worked relentlessly to achieve the goals of our government, and the results are not hidden from anyone. He specifically lauded the efforts of PPIB team for concluding such complex agreements and bringing project proposals reality. He thanked all Board members for taking out their precious times and providing very positive inputs and with their thoughts processes and wisdom the targets of the government have been achieved. At the end all Board members thanked Awais Laghari for his able guidance as Chairman PPIB during his tenure, and highly appreciated the hard work put in by PPIB teams to bring projects to reality. 

 

 

 
 
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