Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Govt inks accord with ADB for power transmission enhancement

byCT Report
13/12/2018
in Business, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Government of Pakistan and Asian Development Bank signed a loan and a grant agreement amounting to US$284 million (Loan 3677 for $280 million and grant for $4 million) from ADB’s Ordinary Capital Resources and High-Level Technology Fund for the Second Power Transmission Enhancement Investment Program- Tranche-3 today.

Secretary, Economic Affairs Division (EAD) Noor Ahmed signed the loan agreement with Country Director ADB Ms. Xiaohong Yang.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

The National Transmission and Despatch Company (NTDC) is the implementing agency of the Tranche 3 Project under the existing Multi-tranche Financing Facility amounting to US$ 810 million. Certain Components of the Investment Program will be implemented by Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) including certain capacity components, as set out in the legal agreement for each tranche. The Project objective is to attain improved coverage, reliability, transparency and quality of the power transmission service in the project areas.

The project shall comprises following activities:

Construction of 500/220/132 KV Lahore North substation with six 500 kV line bays, six 220 KV line bays, and two 132 kV line bays, including installation of four 750 MVA, 500/220 KV and three 250 MVA, 220/132 kV transformers along with allied equipment and accessories. Installation of approximately 194 km of associated double circuit transmission lines.

Construction of 500 kV switching station at Maira with 8 line bays and 4 shunt reactor banks along with allied equipment and accessories.

Construction of the 220 kV substation at Jauharabad with four 220 kV line bays and eight 132 kV line bays, including installation of three 160 MVA, 230/132 kV transformers along with allied equipment and accessories, installation of lithium-ion battery packs (5 MWh), installation of balance of system including inverters (20MW).

The impact of Tranche 3 is improved transmission infrastructure and improved energy market transparency whereas the outcome of Tranche 3 is improved coverage reliability, transparency and quality of the power transmission service in project areas.

The project is expected to be completed by 30th June 2023. The project when completed is expected to address some critical bottlenecks in distribution system of NTDC and will facilitate uninterrupted and reliable supply of electricity of 1150 MW in project area.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

Rangers recover Rs30m cash from suspects involved in Hundi, Hawala

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.