Private Power and Infrastructure Board has issued Letter
of Support (LOS) to +- 660 kV Matiari-Lahore HVDC Transmission Line Project.
The Project will have bipole HVDC technology, having approximately 880
kilometers length, with two converter stations one each at both Matiari and
Lahore ends. The line will have transfer capability of transmitting 4000 MW.
This is the first ever transmission line project in the private sector in
Pakistan and first project under the Transmission Line Policy 2015 approved
by the present government to incentivize private sector for development of
transmission lines in order to support huge new power generation. Being
implemented under the China Pakistan Economic Corridor (CPEC) agreement, the
project sponsors are China Equipment and Technology Corporation (CET), which
is a subsidiary of State Grid Cooperation of China (SGCC). The Project is
being developed on Build-Own-Operate-Transfer (BOOT) basis for a term of 25
years. NEPRA has approved its tariff on 4th May 2017, and the Letter of
Support (LOS) has been issued on 4th August 2017, after which the sponsors
are required to achieve financial close. The Commercial Operations of the
project is targeted in 2020. The project will primarily be used for
evacuation of power from Thar based power generation projects which is
another success of the present government to utilize the unused indigenous
coal; at Thar lying unexploited for decades.
Currently PPIB is
handling portfolio of thirty two (32) multiple fuel (coal, hydro and R-LNG)
based independent power projects (IPPs) having cumulative capacity of more
than 19,500 MW worth multi billion dollars. The portfolio contains sixteen
hydropower project of 6,430 MW, thirteen coal based projects of 9,491 MW
(five imported coal based projects of 4,423 MW, seven Thar coal based
projects of 4,950 MW) and three R-LNG based combined cycle gas turbine
projects of 3,633 MW. These projects are at different stages of development,
some are in testing and commissioning phase, some are under construction,
while others are under Financial Closing and Pre-Financial Closing stages.
It is targeted that 7500 MWs are completed by 2018 and 14,000 MWs by 2021
from the private sector.
The HVDC transmission system is considered technically
and economically more viable for power transmission over longer distances
due to its higher transmission capacity, higher efficiency, lower losses and
cost effectiveness etc. The Matiari-Lahore Transmission Line will be first
ever HVDC transmission line in Pakistan.