KARACHI: Economic Survey of Pakistan 2016/2017 issued on Thursday said that as per Private Power Infrastructure Board (PPIB) six power generation projects based on indigenous coal with cumulative capacity of 4,290 MW and seven power projects based on imported coal with cumulative capacity of 5,201 MW are presently under process at various stages to be completed between 2017 – 2021.
Various initiatives have also been started to ensure the sustainability of the reforms envisaged under the Power Policy of 2013 ranging from regulatory reforms to market development have been introduced. Another important and critical initiative is projects under China Pakistan Economic Corridor (CPEC).
The CPEC envisages projects in energy and infrastructure, with a total financial outlay of around $ 46 billion. Energy sector projects are estimated to be US $34.74 billion while Infrastructure projects are estimated to be US $ 13.217 billion sector projects includes power generation and transmission projects to be implemented in IPP mode while Infrastructure projects includes projects for construction of roads, highways, railways, ports and telecommunications infrastructure, to be implemented as government to government loans/ grants. March 2017, twelve (12) projects have been signed in Energy Sectors with eight (8) projects in PPIB and four (4) projects in AEDB.
