What's new

Energy Projects...Updates

The 720-megawatt Karot Hydropower Project was initially due to be completed in 2020. It has the capability to generate 3.249 billion units of clean electricity per year for the national grid.

The project is being developed on a Build-Own-Operate and Transfer (BOOT) basis at an estimated cost of $1.98bn including a development cost of $1.698bn and interest during construction of $243m by Karot Power Company Private Ltd, comprising of M/s Three Gorges South Asia Investment Ltd (TGSAIL) and Associated Technologies (Pvt) Ltd of Pakistan.

The project is being constructed on a concrete gravity of 91 metres high dam with a crest length of 320 meters near the village of Gohra. The dam's reservoir will be approximately 152m cubic metres in volume, with a length of 27 kilometres. Around 72 homes and 58 businesses were expected to be relocated due to project construction while 2.8-km of the Karot-Kotli road and 8.9-km of the Azad Pattan-Kahuta road were expected to need relocation.

The National Electric Power Regulatory Authority (Nepra) had approved in February 2016 the project's levelised tariff at 7.57 cents per unit for 30 years at an exchange rate of Rs101.6 per dollar. Its groundbreaking ceremony was held in January of that year.
 
Pakistani government and K-Electric have agreed to resolve a long-standing payment dispute, paving the way for the sale of KE to Shanghai Electric Power.
 
Karot Hydropower Project – 720MW

In order to further improve the emergency response capability and to improve the level of emergency management, another emergency mock drill has been organized at various working areas.


1621344457422.png
 
Country has huge power generating potential: PM

Recorder Report 20 May 2021

PESHAWAR: Prime Minister Imran Khan Wednesday said that Pakistan is rich in water resources and have potential to generate 50,000MW hydel power. Talking to media persons after visiting the site of under construction Mohmand Dam here, the Prime Minister said Pakistan has capacity to generate 50,000MW electricity. Mohmand Dam having the capacity of 800MW would be completed by 2025.

He said work on other dams including mega Diamir-Basha, Kurram Tangi and Dasu Kohistan were simultaneously underway that would be completed by 2028.

These projects he said would bring additional 80,000 acres of land under cultivation. He said global warming, climate change and food security were big challenges faced by the country as water table in Lahore, Peshawar and Karachi was declining gradually.

He said tanker mafia was minting money from people in Karachi and such dams would help raise water table by protecting people from tanker mafia. He said about 300 million gallon water would be supplied from Mohmand dam to Peshawar for drinking purposes.

He said Ravi Project would help address water problems in Lahore. The Prime Minister said China had constructed about 5,000 big dams and 80,000 small dams while Pakistan had not constructed a single major electricity generating project for the last 50 years despite such huge potential. He said small dams could be constructed throughout the country.

He said past rulers had neglected construction of dams and considered these projects insignificant related to election perspective that negatively impacted power generation leading to load shedding and increase of electricity tariff.

The Prime Minister said that launching of costly energy projects including IPPs in the past had increased miseries of people as the past rulers used it for minting money and put extra burden on national exchequer. As a result of which circular debt, which was Rs480 billion in 2018 is expected to reach Rs1455 billion by 2023.

He said contracts with IPPs were signed in haste in the past that created issue of capacity payments to IPPs whether its electricity was utilised or otherwise. He said government had held successful negotiations with IPPs and saved a substantial amount being paid to IPPs.

He said Pakistan being an agriculture country continued to export wheat in last two years. He said a record production of this year is the result of agriculture-friendly policies of PTI Government.

Prime Minister urged people to use face masks and follow SOPs to contain coronavirus. He said that result-oriented policies have minimised the effects of the pandemic on labour and others work force as compare to neighbouring countries.

Copyright Business Recorder, 2021
 
Inauguration of K-2 NPP, PAEC will be operating Six Nuclear Power Plants in the country.
Two of them are located in Karachi namely Karachi Nuclear Power Plant Unit-1 (K-1) and Unit-2 (K-2),

While four are sited at Chashma, in District Mianwali, named as Chashma Nuclear Power Plant Unit 1-4.

Earlier, the collective generation capacity of all PAEC operated NPPs was around 1,400 Mega Watts. The inauguration of K-2 with 1100 MW capacity will nearly double these figures, substantially improving the overall share of nuclear power in the energy mix.


1621609180324.png




1621609210259.png




1621609236502.png
 
300-megawatt hydropower plant in Balakot, Khyber-Pakhtunkhwa.

The Asian Development Bank (ADB) and the government of Pakistan on Friday signed a $300 million loan agreement to finance the construction of a 300-megawatt hydropower plant in Balakot, Khyber-Pakhtunkhwa.

The ADB Acting Country Director, Cleo Kawawaki, and Ministry of Economic Affairs Division Secretary Noor Ahmed signed the loan agreement for the project, which was approved by the ADB on March 30, 2021.

Minister for Economic Affairs Omar Ayub Khan, Chief Minister Khyber-Pakhtunkhwa Mahmood Khan, and ADB Director General for Central and West Asia Yevgeniy Zhukov, witnessed the ceremony.

Total cost of this project is $755 million out of which the ADB has committed to provide $300 million, while AIIB will provide $280 million.

For this project, the ADB is providing financing at highly concessional rates, ie, LIBOR (6-Month) + 0.5 percent per annum (currently 0.7 percent per annum) for a period of 27 years including a grace period of seven years.

The Energy and Power Department, Government of Khyber-Pakhtunkhwa will be the executing agency, while Pakhtunkhwa Energy Department Organisation (PEDO) will be implementing agency for the project, which is expected to be commissioned by 2026.

While speaking on the occasion, Omar Ayub stated that this run-of-river hydropower project will be constructed on Kunhar River in District Mansehra and generate 300 megawatt electricity. Balakot Hydropower Project will not only help unleash hydropower potential of the country but also improve energy security by increasing clean and affordable energy share in the country’s energy mix.

“The government is working on renewable energy policy to harness immense potential in solar, wind and hydel resources and have good opportunities for investments,” he added.

The minister appreciated the ADB’s valuable support for financing this highly important project.

Mahmood Khan reiterated that the government of Khyber-Pakhtunkhwa is working on development of hydropower potential of the province on fast track basis.

He mentioned that the PTI government was already making huge investments in development of various hydro sites in the province.

Balakot Hydropower project will provide livelihood by providing more than 1,200 jobs during the construction of the project in Khyber-Pakhtunkhwa Province.

Once completed, this hydropower project will provide reliable and cheap energy to national grid.

It will also improve provincial revenues streams for the provincial government and boost economic activities in the country.

“This project shows the strong commitment of PTI government to address the challenges of climate change through development of clean and renewable energy in line with the vision of Prime Minister Imran Khan,” the chief minister added.

Eugene Zhukov, director general ADB assured of the bank's continued support to help Pakistan diversify its energy sources, increase energy security through renewable and affordable energy mix and implement critical economic reforms.

The director general reiterated the ADB’s commitment to further strengthen and expand its partnership with Pakistan in the priority sector for socio-economic development of the country.

“As Pakistan’s largest development partner in the energy sector, the ADB has been supporting Pakistan as it aims to build its renewable energy resources and cut its heavy dependence on fossil fuels,” said Zhukov. “The Balakot hydropower project will play an important role in helping to advance this objective. ADB will continue to support Pakistan to diversify its energy sources, implement critical reforms, increase energy security, and grow the share of clean power in its energy mix.” The Balakot hydropower project will generate economic activity and improve the skills of local communities.

During construction, the project will generate more than 1,200 jobs, about 40 percent of which will be sourced locally.

A community development program will help to improve livelihood opportunities for affected households in the project surroundings. The project will help meet future national demand for clean and affordable energy and generate revenue for Khyber-Pakhtunkhwa.

It is expected to be commissioned by 2027.
 
884MW Suki Kinari Hydro Power Project

- Location: on Kunhar River, Kaghan Valley, Manshera, KPK

- Project Cost: 1.9 billion USD
- Under strategic CPEC framework.

- Completion Date: December, 2022



1621860112878.png






1621860140932.png





1621860163600.png
 
WAPDA Contribution

In addition to stabilizing national economy by developing irrigated agriculture, mitigating devastating floods and injecting low-cost hydel electricity into the National Grid, WAPDA projects also play a phenomenal role in socio-economic development of the people residing in the project areas.

This can best be judged from the fact that WAPDA has been spending a hefty amount of over Rs.100 billion in the project areas for progress and prosperity of the local populace.


This amount is being utilized on confidence building measures (CBM) in the project areas of four under construction projects of WAPDA.


1621861058893.png




1621861077809.png
 
Last edited:
40.8 MW Koto hydropower project in Khyber Pakhtunkhwa to be completed by Dec. 2021

About 90% work on the under-construction Koto hydropower project (Koto-HPP) has been done and it will be completed by December this year, said assistant project director while briefing a team of the district administration.

According to a local media report, he powerhouse would generate 40.8MW of electricity that would be added to the national grid.

The remaining 10 per cent work on the project would be completed by coming December.
Work on the project was started in Feb 2015 and according to its contract it was to be completed in Feb 2019
 

Country Latest Posts

Back
Top Bottom