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Govt to increase power generation by three times

byCT Report
11/09/2019
in Business, Latest News
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ISLAMABAD: The government plans to increase the country’s power generation capacity by almost 300 per cent in the next 20 years to 111,000 megawatts, as part of the Indicative Generation Capacity Expansion Plan (IGCEP) 2018-40.

The plan was finalised by National Transmission and Despatch Company (NTDC) in consultation with all the federal and provincial agencies and private sector consultants to ensure low-cost development of future projects.

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The 20-year plan will gradually phase out almost all of the existing thermal power plants to meet rising energy demand at affordable costs.

Under the plan, the government has firm plans for capacity addition of about 17,300MW by 2025 including 6,000MW in public sector and 11,300MW in the private sector. By the year 2030, another 8,600MW would be added to the system.

 

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