Energy Projects...Updates
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ghazi52
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Khyber Pakhtunkhwa has obtained the license of its separate transmission company for electricity delivery and distribution.
NEPRA approves to set tariffs in connection with sales of 40 megawatt Koto Hydropower Project and 69 MW Levi Power Project -
Peshawar: The Khyber Pakhtunkhwa government has acquired a regular license to run Khyber Pakhtunkhwa Transmission and Grid Company for the betterment of electricity distribution and delivery system in the province.
In this context, the Federal Institute of National Electric Power Regulatory Authority (Nepra) has approved Khyber Pakhtunkhwa to issue a license to run its transmission and distribution company.
After the license is issued under Section 18 A of Nepra, the electricity generated from hydropower plants in Khyber Pakhtunkhwa will be linked to the transmission and grid system and will also be included in the national grid while transmission and grid system in the province. Uninterrupted supply of electricity will also be made possible.
Furthermore, Nepra has also approved the 40-megawatt koto hydro power project to set tariffs for sales of electricity generated from district Lower Dir and 69-MW Levi Hydro Power Project in Chitral District.
NEPRA approves to set tariffs in connection with sales of 40 megawatt Koto Hydropower Project and 69 MW Levi Power Project -
Peshawar: The Khyber Pakhtunkhwa government has acquired a regular license to run Khyber Pakhtunkhwa Transmission and Grid Company for the betterment of electricity distribution and delivery system in the province.
In this context, the Federal Institute of National Electric Power Regulatory Authority (Nepra) has approved Khyber Pakhtunkhwa to issue a license to run its transmission and distribution company.
After the license is issued under Section 18 A of Nepra, the electricity generated from hydropower plants in Khyber Pakhtunkhwa will be linked to the transmission and grid system and will also be included in the national grid while transmission and grid system in the province. Uninterrupted supply of electricity will also be made possible.
Furthermore, Nepra has also approved the 40-megawatt koto hydro power project to set tariffs for sales of electricity generated from district Lower Dir and 69-MW Levi Hydro Power Project in Chitral District.
ghazi52
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Coal-based power generation increases in Pakistan under CPEC Projects
February 24, 2021
dawn.com
Coal-based power generation in January 2021 has risen to a seven-month high of 2,560-gigawatt hours (GWh) as total generation from different fuels increased by 3.7 per cent, under CPEC-related energy projects. In the last five years, Pakistan has aggressively pursued coal power under CPEC, increasing coal-based capacity from negligible to 4,620 megawatts.
With seven other coal-based projects under construction, the country expects to add 4,590 megawatts by the end of 2026. Sheikh Mohammad Iqbal, a power-sector consultant based in Lahore, says the maximum utilisation of coal-based power is critical for slashing the overall cost of generation for countries like Pakistan.
LAHORE: Coal-based power generation in January rose to the seven-month high of 2,560 gigawatt hours (GWh) as total generation from different fuels increased by 3.7 per cent to 8,079 GWh from 7,794 GWh a year ago and by 2.5 per cent from 7,880 GWh from the previous month.
Coal power generation in the country peaked at 2,581 GWh in July last year before sliding back to 1,095 GWh in November. As a ratio of total generation in any given month in the last three years since the beginning of 2018, the share of coal power rose its highest of just below 32pc in January 2021. According to data, share of coal generation in the country’s total electricity output bottomed to 9.2pc in September 2018.
In the last five years Pakistan has aggressively pursued coal power under the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) initiative as well as outside it, increasing coal-based capacity from negligible to 4,620 megawatts. With seven other coal-based projects under construction, the country expects to add 4,590 megawatts by the end of 2026.
Coal power has increased by above 62pc to 15,262 GWh during the first seven months of the current fiscal year from 9,395 GWh during the same period in FY19, underscoring growth in its capacity and utilisation because of fuel price considerations. Its share in overall generation during the period July-January has risen from 12.9pc in FY19 to around 20pc this year in spite of 8.7pc increase in the cost of coal-based generation year-on-year to Rs6.47 per KWh last month on global coal prices.
An Arif Habib analyst, Rao Aamir Ali, said the share of coal power during winter increases because of reduction in hydel generation and closure of gas-based plants due to the shortage of the fuel. He pointed out that the share of coal power in the country’s generation will likely double in the years to come as new plants come online over the next six years to end 2026.
Sheikh Mohammad Iqbal, a power-sector consultant based in Lahore, is glad to see the increasing share of coal power in the country’s total power generation. “I am of the firm view that maximum utilisation of the coal-based power is critical for slashing the overall cost of generation. It is good for the economy of countries like Pakistan even though some may oppose coal power because of its potential impact on the environment.
“But they should remember that the coal power technology has improved a great deal and it no longer can be regarded dirty fuel when it comes to producing electricity from it. I would say coal is much cleaner fuel for electricity generation than furnace oil.”
February 24, 2021
dawn.com
Coal-based power generation in January 2021 has risen to a seven-month high of 2,560-gigawatt hours (GWh) as total generation from different fuels increased by 3.7 per cent, under CPEC-related energy projects. In the last five years, Pakistan has aggressively pursued coal power under CPEC, increasing coal-based capacity from negligible to 4,620 megawatts.
With seven other coal-based projects under construction, the country expects to add 4,590 megawatts by the end of 2026. Sheikh Mohammad Iqbal, a power-sector consultant based in Lahore, says the maximum utilisation of coal-based power is critical for slashing the overall cost of generation for countries like Pakistan.
LAHORE: Coal-based power generation in January rose to the seven-month high of 2,560 gigawatt hours (GWh) as total generation from different fuels increased by 3.7 per cent to 8,079 GWh from 7,794 GWh a year ago and by 2.5 per cent from 7,880 GWh from the previous month.
Coal power generation in the country peaked at 2,581 GWh in July last year before sliding back to 1,095 GWh in November. As a ratio of total generation in any given month in the last three years since the beginning of 2018, the share of coal power rose its highest of just below 32pc in January 2021. According to data, share of coal generation in the country’s total electricity output bottomed to 9.2pc in September 2018.
In the last five years Pakistan has aggressively pursued coal power under the multi-billion-dollar China-Pakistan Economic Corridor (CPEC) initiative as well as outside it, increasing coal-based capacity from negligible to 4,620 megawatts. With seven other coal-based projects under construction, the country expects to add 4,590 megawatts by the end of 2026.
Coal power has increased by above 62pc to 15,262 GWh during the first seven months of the current fiscal year from 9,395 GWh during the same period in FY19, underscoring growth in its capacity and utilisation because of fuel price considerations. Its share in overall generation during the period July-January has risen from 12.9pc in FY19 to around 20pc this year in spite of 8.7pc increase in the cost of coal-based generation year-on-year to Rs6.47 per KWh last month on global coal prices.
An Arif Habib analyst, Rao Aamir Ali, said the share of coal power during winter increases because of reduction in hydel generation and closure of gas-based plants due to the shortage of the fuel. He pointed out that the share of coal power in the country’s generation will likely double in the years to come as new plants come online over the next six years to end 2026.
Sheikh Mohammad Iqbal, a power-sector consultant based in Lahore, is glad to see the increasing share of coal power in the country’s total power generation. “I am of the firm view that maximum utilisation of the coal-based power is critical for slashing the overall cost of generation. It is good for the economy of countries like Pakistan even though some may oppose coal power because of its potential impact on the environment.
“But they should remember that the coal power technology has improved a great deal and it no longer can be regarded dirty fuel when it comes to producing electricity from it. I would say coal is much cleaner fuel for electricity generation than furnace oil.”
ghazi52
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Hubco’s profit jumps 47% in Jul-Dec 2020
Surge comes on back of rupee depreciation, drop in finance cost
Our Correspondent
February 27, 2021
PHOTO: HUBCO
KARACHI: Hub Power Company’s (Hubco) consolidated profit increased 47% to Rs16.88 billion in the first half ended December 31, 2020 mainly due to surge in profit from an associate company, rupee depreciation and significant cut in cost of finance, according to a bourse filing on Friday.
“The increase in profit is mainly due to higher share of profit from associate, China Power Hub Generation Company Limited (CPHGC), which started commercial operations on August 17, 2019, depreciation of rupee against dollar and lower financing costs,” Hubco said in a report to Pakistan Stock Exchange (PSX).
Finance costs dropped 40% to Rs3.73 billion compared to Rs6.25 billion. The drop in finance cost may be attributed to a drastic cut in the benchmark interest rate by 625 basis points during March-June 2020 to 7%.
“The rise in margins is mainly attributable 6% rupee depreciation during 2QFY21,” the research house said.
During 2QFY21, the company recognised share of profit from CPHGC of Rs4.12 billion, up by 26% mainly due to 6% rupee depreciation, it said.
Finance costs decreased by 43% to Rs1.82 billion. “The decline in finance costs was led by lower interest rates.”
Surge comes on back of rupee depreciation, drop in finance cost
Our Correspondent
February 27, 2021
PHOTO: HUBCO
KARACHI: Hub Power Company’s (Hubco) consolidated profit increased 47% to Rs16.88 billion in the first half ended December 31, 2020 mainly due to surge in profit from an associate company, rupee depreciation and significant cut in cost of finance, according to a bourse filing on Friday.
“The increase in profit is mainly due to higher share of profit from associate, China Power Hub Generation Company Limited (CPHGC), which started commercial operations on August 17, 2019, depreciation of rupee against dollar and lower financing costs,” Hubco said in a report to Pakistan Stock Exchange (PSX).
Finance costs dropped 40% to Rs3.73 billion compared to Rs6.25 billion. The drop in finance cost may be attributed to a drastic cut in the benchmark interest rate by 625 basis points during March-June 2020 to 7%.
“The rise in margins is mainly attributable 6% rupee depreciation during 2QFY21,” the research house said.
During 2QFY21, the company recognised share of profit from CPHGC of Rs4.12 billion, up by 26% mainly due to 6% rupee depreciation, it said.
Finance costs decreased by 43% to Rs1.82 billion. “The decline in finance costs was led by lower interest rates.”
ghazi52
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The Khyber Pakhtunkhwa (KP) government is all set to start construction work on the Balakot Hydropower Project, the largest hydropower project in the province, on the Kunar River in Mansehra district.
According to Chief Minister’s Advisor on Energy, Himayatullah Khan, the power project will be completed within the next seven years with the financial support of the Asian Development Bank (ADB).
Once completed, it will earn an annual income of Rs15 billion as well as creating employment for 1,400 people.
The adviser said the issue of land acquisition for the project is being settled and special attention is being paid to protect the rights of the people affected by the project.
During his visit to Mansehra, Himayatullah Khan visited the sites of both the 300 MW Balakot Hydropower Project and 884 MW Suki Kinari Hydropower Project.
He was accompanied by the Mansehra deputy commissioner (DC) and other senior officials. The officials reviewed the progress on the ongoing work on Suki Kinari Hydropower Project, the largest project in the province.
Terming the launch of the province’s largest energy project a major achievement of the present provincial government, the adviser hoped that the completion of the two projects would help stabilize the energy sector, national economy and create employment opportunities.
According to Chief Minister’s Advisor on Energy, Himayatullah Khan, the power project will be completed within the next seven years with the financial support of the Asian Development Bank (ADB).
Once completed, it will earn an annual income of Rs15 billion as well as creating employment for 1,400 people.
The adviser said the issue of land acquisition for the project is being settled and special attention is being paid to protect the rights of the people affected by the project.
During his visit to Mansehra, Himayatullah Khan visited the sites of both the 300 MW Balakot Hydropower Project and 884 MW Suki Kinari Hydropower Project.
He was accompanied by the Mansehra deputy commissioner (DC) and other senior officials. The officials reviewed the progress on the ongoing work on Suki Kinari Hydropower Project, the largest project in the province.
Terming the launch of the province’s largest energy project a major achievement of the present provincial government, the adviser hoped that the completion of the two projects would help stabilize the energy sector, national economy and create employment opportunities.
ghazi52
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K-2 nuclear power plant connected to grid
The Newspaper'
March 19, 2021
This photo shows construction work taking place on the K-2 and K-3 nuclear power plants. — Photo courtesy PAEC website
ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) on Thursday announced that it had connected the much-awaited 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) to the national grid.
In a statement, the PAEC termed it a ‘Pakistan Day’ gift to the nation. It said the nuclear power plant (NPP) had achieved criticality at the end of February and was undergoing certain safety tests and procedures before it could finally be connected to the national grid.
The loading of nuclear fuel onto the plant was started on December 1, 2020 after getting clearance from the Pakistan Nuclear Regulatory Authority.
The PAEC pointed out that K-2 is the first nuclear power plant in Pakistan with a generation capacity of 1,100MW and its addition to the national grid will “surely help improve the economy of the country”.
K-2 is one of the two similar under-construction nuclear power plants located near Karachi and will be inaugurated for commercial operation by the end of May this year.
The other one, K-3, is also in completion phase and is expected to be operational by the end of this year.
The PAEC is now running six NPPs in the country — two located in Karachi and four at Chashma in Mianwali district. Earlier, the collective generation capacity of all PAEC-operated nuclear power plants was around 1,400MW.
The coming online of the Karachi Nuclear Power Plant Unit-2 will nearly double the generation capacity of nuclear power plants in the country, substantially improving the overall share of nuclear power in the energy mix.
Pakistan Atomic Energy Commission Chairman Muhammad Naeem congratulated Member Power Saeedur Rehman and his team on this great achievement.
Published in Dawn, March 19th, 2021
The Newspaper'
March 19, 2021
This photo shows construction work taking place on the K-2 and K-3 nuclear power plants. — Photo courtesy PAEC website
ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) on Thursday announced that it had connected the much-awaited 1,100MW Karachi Nuclear Power Plant Unit-2 (K-2) to the national grid.
In a statement, the PAEC termed it a ‘Pakistan Day’ gift to the nation. It said the nuclear power plant (NPP) had achieved criticality at the end of February and was undergoing certain safety tests and procedures before it could finally be connected to the national grid.
The loading of nuclear fuel onto the plant was started on December 1, 2020 after getting clearance from the Pakistan Nuclear Regulatory Authority.
The PAEC pointed out that K-2 is the first nuclear power plant in Pakistan with a generation capacity of 1,100MW and its addition to the national grid will “surely help improve the economy of the country”.
K-2 is one of the two similar under-construction nuclear power plants located near Karachi and will be inaugurated for commercial operation by the end of May this year.
The other one, K-3, is also in completion phase and is expected to be operational by the end of this year.
The PAEC is now running six NPPs in the country — two located in Karachi and four at Chashma in Mianwali district. Earlier, the collective generation capacity of all PAEC-operated nuclear power plants was around 1,400MW.
The coming online of the Karachi Nuclear Power Plant Unit-2 will nearly double the generation capacity of nuclear power plants in the country, substantially improving the overall share of nuclear power in the energy mix.
Pakistan Atomic Energy Commission Chairman Muhammad Naeem congratulated Member Power Saeedur Rehman and his team on this great achievement.
Published in Dawn, March 19th, 2021
ghazi52
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Thar will change Pakistan and Pakistan will change entire world, says Chinese CG
Imtiaz Dharani
March 21, 2021
A view of Engro Powergen Thar Limited's (EPTL) lignite coal power plant in Thar. ─ Photo courtesy SECMC Twitter
MITHI: Speakers at the second day of three-day ‘Colours of Thar’ festival on Saturday said that Thar was fast transforming and going to change Pakistan by generating coal-fired power to cater to electricity needs of the country.
The festival was organised by district administration in collaboration with Sindh Engro Coal Mining Company (SECMC), Thar Foundation, Hubco, Sino Sindh Resources, Shanghai Electric and a number of other organisations.
The second day of the festival featured performance of different feats by bikers and bands of Pakistan Armed Forces and Rangers. Various stalls displaying handicrafts, embroidery and other cultural products of Thar were set up by Thardeep Rural Development Programme, Baanhn Beli, District Development Association, Sindh Education Foundation and different government departments.
Tharparkar Deputy Commissioner Mohammad Nawaz Soho told media persons during a visit of the stalls that the festival would go a long way in promoting rich culture, traditions, history and many hitherto unexplored aspects of the desert district.
“We have achieved our goal to present beautiful face of Thar by arranging this event in collaboration with coal mining companies and NGOs,” he said, adding that the concluding day would be organised in Naukot fort on Sunday evening.
Pakistan Peoples Party’s MPA Rana Hamir Singh said that such events were need of the hour as they helped promote beautiful aspects of Thar at a time when it was all set to change the fate of Pakistan for its huge natural resources.
On the first day of the festival on Friday, Chinese Consul General in Karachi Li Bijian addressed a big gathering and said that Thar had great investment potential. Thar would change Pakistan and Pakistan would surely change the entire world for its rich natural resources and hardworking and peaceful people, he said.
“Under the China-Pakistan Economic Corridor projects we have successfully completed the first phase and now we are entering the second phase,” he said.
He said that mining and power projects in Thar had created thousands of jobs for local people. “Thar is a beautiful place and it has tremendous investment potential in all spheres. Let us work together to make Thar more beautiful and developed,” he said.
He said that Pakistan and China had always had strong bond of friendship which had further been strengthened by the CPEC projects. China wanted a prosperous, strong and stable Pakistan.
He said that coal reserves and power generation from this energy source would change the destiny of people of Thar.
Mohsin Babbar of Thar Foundation and SECMC said that earlier in the day the envoy visited Thar coal block II projects and witnessed Thar Foundation development schemes where he was briefed about inclusive development model at Thar coal projects.
He said that his organisation had collaborated with the district administration to project unique Thari culture and show people around Pakistan and beyond how the desert region was fast transforming and going to change the entire country.
Published in Dawn, March 21st, 2021
Imtiaz Dharani
March 21, 2021
A view of Engro Powergen Thar Limited's (EPTL) lignite coal power plant in Thar. ─ Photo courtesy SECMC Twitter
MITHI: Speakers at the second day of three-day ‘Colours of Thar’ festival on Saturday said that Thar was fast transforming and going to change Pakistan by generating coal-fired power to cater to electricity needs of the country.
The festival was organised by district administration in collaboration with Sindh Engro Coal Mining Company (SECMC), Thar Foundation, Hubco, Sino Sindh Resources, Shanghai Electric and a number of other organisations.
The second day of the festival featured performance of different feats by bikers and bands of Pakistan Armed Forces and Rangers. Various stalls displaying handicrafts, embroidery and other cultural products of Thar were set up by Thardeep Rural Development Programme, Baanhn Beli, District Development Association, Sindh Education Foundation and different government departments.
Tharparkar Deputy Commissioner Mohammad Nawaz Soho told media persons during a visit of the stalls that the festival would go a long way in promoting rich culture, traditions, history and many hitherto unexplored aspects of the desert district.
“We have achieved our goal to present beautiful face of Thar by arranging this event in collaboration with coal mining companies and NGOs,” he said, adding that the concluding day would be organised in Naukot fort on Sunday evening.
Pakistan Peoples Party’s MPA Rana Hamir Singh said that such events were need of the hour as they helped promote beautiful aspects of Thar at a time when it was all set to change the fate of Pakistan for its huge natural resources.
On the first day of the festival on Friday, Chinese Consul General in Karachi Li Bijian addressed a big gathering and said that Thar had great investment potential. Thar would change Pakistan and Pakistan would surely change the entire world for its rich natural resources and hardworking and peaceful people, he said.
“Under the China-Pakistan Economic Corridor projects we have successfully completed the first phase and now we are entering the second phase,” he said.
He said that mining and power projects in Thar had created thousands of jobs for local people. “Thar is a beautiful place and it has tremendous investment potential in all spheres. Let us work together to make Thar more beautiful and developed,” he said.
He said that Pakistan and China had always had strong bond of friendship which had further been strengthened by the CPEC projects. China wanted a prosperous, strong and stable Pakistan.
He said that coal reserves and power generation from this energy source would change the destiny of people of Thar.
Mohsin Babbar of Thar Foundation and SECMC said that earlier in the day the envoy visited Thar coal block II projects and witnessed Thar Foundation development schemes where he was briefed about inclusive development model at Thar coal projects.
He said that his organisation had collaborated with the district administration to project unique Thari culture and show people around Pakistan and beyond how the desert region was fast transforming and going to change the entire country.
Published in Dawn, March 21st, 2021
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