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12,568MW more electricity to be added to national grid by 2018

byCT Report
13/06/2016
in Business
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ISLAMABAD: The government has claimed to add 12,568 megawatts more electricity to the national grid after completion of a number of power generation projects by year 2018.

Under a long term plan, the country would have an additional generation capacity of 30,948 MW by the year 2022 through Neelum Jhelum, Chashma nuclear, wind, hydel, LNG, Jamshoro Coal and Bagasse power projects, according to a senior official of the Ministry of Water and Power here.

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Around 8,630 MW would be generated under the prioritised China Pakistan Economic Corridor (CPEC) projects in the same period. Under the Power Generation Policy 2015, several initiatives were taken including Transmission Lines Investment Policy; focus on Coal Based Power, LNG Based Power, CPEC power generation projects of 8630 MW, production through LNG – 3600 MWs and the CASA-1000 project.

In a recently held briefing, he said, under the policy to facilitate new IPPs, 12,113 MW of electricity would be generated. Giving a breakdown of power generation by year 2022, he said, a total of 30,948 MWs would be generated; of which 38 per cent would be obtained from Hydel, 14 per cent from Renewable, 16 per cent from imported coal, 13 per cent from indigenous coal, 12 per cent from imported LNG and 7 per cent from nuclear.

Under the CPEC, the work was in progress on the $ 36 billion power projects and the completion of these projects will make the country self-sufficient in power sector. He clarified that the inflow of foreign capital in power projects under CPEC was investment and not loan.

Under the Prime Minister’s direction, transparency was being ensured in all power projects including wind, hydel, coal and solar. He said, in 2016 the estimated investment in the power sector was estimated to be $3,617 million. In 2017 it was expected to be $11,420 million and by 2019-22 it would be $36,084 million.

He said the customer service has also been improved through enhanced employee efficiency and reduction in response time. He said, daily payment instructions to generation companies were also published on website including payments made to IPPs and power sector entities.

Similarly the performance of DISCOs was also published on website on quarterly basis. He said work was going on to upgrade and improve the transmission lines and network, adding, line losses have decreased while power generation increased.

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