China Pakistan Economic Corridor (CPEC) | Power Plants

[ghazi52]

,..,.,

HUBCO says CPHGC’s 2x660MW power plant declared ‘project complete’​

February 24, 2023



KARACHI: China Power Hub Generation Company (Private) Limited’s (CPHGC) 1,320 megawatts (MW) coal-fired power plant in Balochistan has achieved project completion date (PCD), the company said on Thursday.

The imported coal-fired plant was declared “Project Complete” by CPHGC’s lenders, according to Hub Power Company (HUBCO) that shared the development at the Pakistan Stock Exchange (PSX).

CPHGC was formed in September, 2015 by HUBCO and its Chinese partner, China Power International Holdings Limited to develop, construct, and operate a 2x660MW coal fired power plant at the Hub Plant Site in Balochistan.

“We are pleased to inform you that China Power Hub Generation Company (Private) Limited’s (CPHGC) 2×660 MW power plant has been declared “Project Complete” by CPHGC’s lenders on 23rd February 2023 (Project Completion Date or PCD),” the notice read.

The project successfully achieved its commercial operations date effective August, 2019. HUBCO, through its wholly owned subsidiary, Hub Power Holdings Limited owns 47.5 percent of the shares of CPHGC.

The project is recognised as one of the priority projects under the China Pakistan Economic Corridor (CPEC).

“The declaration of PCD is a monumental occasion for HUBCO as it releases the company from its obligation to maintain a $150 million standby letter of credit. This will also enable CPHGC to pay dividend to its shareholders subject to availability of distributable profits,” the stock notice added.

The two units of 660MW each achieved synchronisation with the national grid on December 28, 2018, and May 28, 2019, respectively while the integrated coal jetty became operational in December 2018 with the arrival of the first shipment of coal, as per the information given on the HUBCO website.

The company issued right shares and raised an amount of Rs7 billion from PSX. The right share was priced at Rs50 per share and the company has issued 140 million shares. The purpose of rights issuance was to raise funds, which were utilised to consolidate HUBCO’s energy portfolio and increase its shareholding in CPHGC from 26 percent to 47.5 percent.

In November, 2022, CPHGC served a notice to HUBCO for encashment of a standby letter of credit (SBLC) worth $150 million, for which the Pakistani government requested the Chinese embassy to arrange a meeting of the Joint Working Group, a forum set up under the CPEC, to resolve the conflict, according to reports. The SBLC was later extended on mutually agreed terms.

 

[ghazi52]

Diamer Bhasha Dam Progress.....

 

[ghazi52]

,..,
Pakistan and China together completed three projects to generate 1980 megawatts of cheap electricity. Thar Coal-based electricity to national grid since April 2022.

Thal Nova : 330 MW
Tail : 330 megawatts
Shanghai : 1320 MW

 

[-blitzkrieg-]

,..,
Pakistan and China together completed three projects to generate 1980 megawatts of cheap electricity. Thar Coal-based electricity to national grid since April 2022.

Thal Nova : 330 MW
Tail : 330 megawatts
Shanghai : 1320 MW

But but bajwa US shoe licker was to shut down cpec??

 

[ghazi52]

,..,.
Dasu hydropower project creates more than 2,600 jobs for locals, Wapda...

 

[ghazi52]

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Although fuel prices have more than doubled over the last year, CPEC projects power projects still provide competitive rates.

Higher Efficiency on Power Generation
Pakistan’s energy sector is mainly dependent on imported fuel (oil and LNG), which has caused a heavy burden on foreign reserves and confined industrial development of the country.

“As the CPEC energy projects replaced the costlier energy production from furnace oil and diesel to coal and renewable energy resources in the last five years, the energy needs of Pakistan has been fufilled at lower prices, driving growth in the export-oriented industries”, the Chairman revealed.

Regarding the power generation cost, in October 2021, CPEC projects based on imported coal produced electricity at Rs.8.0/kWh. While the cost of domestic projects based on FO and RLNG were Rs.21.5/kWh and Rs.20.0/kWh respectively, twice more expensive than CPEC projects, data provided by KASB Trade shows.

The cost has been rising over the last year due to surged fuel prices in the international market. Nevertheless, the CPEC projects still provide competitive rates. In October this year, power generation cost of CPEC projects based on imported coal was Rs.18.5/kWh, and that of domestic projects based on FO and RLNG was Rs.34.0/kWh, Rs.31.0/kWh.

When it comes to electricity rate, the chairman told CEN, CPEC projects (EPP) based on coal is Rs.22.13/kWh on average, and that of non-CPEC projects based on oil is Rs.36.61/kWh. This shows the CPEC energy projects, utilizing fuel with higher efficiency, are providing affordable electricity to millions of Pakistani households.

Utilization of Thar Coal
Rising fuel prices and a new energy landscape after the Ukrain war necessitates Pakistan to avail of its indigenous resources, and at the time being, the most efficient solution is Thar coal.

Data provided by NEPRA shows that proven coal reserves in Thar are approximately 175 billion tons. After the commissioning of phase II of Block II, the daily coal production is approximately 24,000 tons, sufficient to fire 1320 MWs. Based on current coal prices of South African Coal, the fuel saving is approximately Rs. 13.46/kWh and the annual fuel savings for 1320 MW will be approximately Rs. 121 billion from Thar coal.

CPEC projects have enabled Pakistan to utilize the Thar coal and produce electricity at around Rs.7-7.5/kWh, the report says. Currently, the 660 MW Engro Power Thar Limited, Lucky Electric, Engro Powergen Thar and Thar Energy are completely or partialy running on Thar coal.

On top of that, another 1,320 MW Shanghai Electric coal power plant, together with an open-pit coal mine of 7.8m tons capacity in Thar Coal Block-1, has been completed recently and is in the process of synchronizing with the national grid. Once put into commercial operation, it will help double electricity generation based on Thar coal to 2640 MW and lower average electricity costs in Pakistan.

Transit to Renewable energies
In December 2020, Pakistan announced that it would not build any new power projects that depend on imported coal, and pledged that by 2030, 60pc of its energy will come from clean and renewable sources. This coincided with China’s commitment of building a green CPEC, which entails not building new coal-fired power plants overseas, and increasing support for low-carbon energy.

In this connection, four hydro power projects have been completed or in development under the CPEC Framework, including the biggest run of the river hydro power project 720 MW Karot HPP commissioned on 29th June 2022, 840 MW Suki Kinari HPP under construction, and a 640 MW project recently approved in Mahl.

According to the State of Industry Report 2022 issued by NEPRA, the HPPs have a comparatively long operational life which can be used as an advantage for reducing their tariff through a large spread of the cost over the life of the project.

Besides, CPEC projects have invigorated the once barren land in Jhimpir and transformed the region into a ‘wind corridor’ in real. Four wind farms built here with a total installed capacity of 300 MW have supplied economical and clean energy to national grid of Pakistan.

In Bahawalpur located the first ever solar power plant in Pakistan Quaid-e-Azam Solar Park. The plant was initially launched with a capacity of generating 100 MW of power. Since 2015, there have been addition of 300 MW power generation capacity, and there are numerous planned projects reported for the Quaid-e-Azam Solar Park by AEDB with cumulative capacity of 1,050 MW.

The State of Industry Report 2022 by NEPRA shows the price of electricity from wind and solar power plants are less than half of the price of electricity currently being procured from thermal sources.

 

[FuturePAF]

.,.,,.
Although fuel prices have more than doubled over the last year, CPEC projects power projects still provide competitive rates.

Higher Efficiency on Power Generation
Pakistan’s energy sector is mainly dependent on imported fuel (oil and LNG), which has caused a heavy burden on foreign reserves and confined industrial development of the country.

“As the CPEC energy projects replaced the costlier energy production from furnace oil and diesel to coal and renewable energy resources in the last five years, the energy needs of Pakistan has been fufilled at lower prices, driving growth in the export-oriented industries”, the Chairman revealed.

Regarding the power generation cost, in October 2021, CPEC projects based on imported coal produced electricity at Rs.8.0/kWh. While the cost of domestic projects based on FO and RLNG were Rs.21.5/kWh and Rs.20.0/kWh respectively, twice more expensive than CPEC projects, data provided by KASB Trade shows.

The cost has been rising over the last year due to surged fuel prices in the international market. Nevertheless, the CPEC projects still provide competitive rates. In October this year, power generation cost of CPEC projects based on imported coal was Rs.18.5/kWh, and that of domestic projects based on FO and RLNG was Rs.34.0/kWh, Rs.31.0/kWh.

When it comes to electricity rate, the chairman told CEN, CPEC projects (EPP) based on coal is Rs.22.13/kWh on average, and that of non-CPEC projects based on oil is Rs.36.61/kWh. This shows the CPEC energy projects, utilizing fuel with higher efficiency, are providing affordable electricity to millions of Pakistani households.

Utilization of Thar Coal
Rising fuel prices and a new energy landscape after the Ukrain war necessitates Pakistan to avail of its indigenous resources, and at the time being, the most efficient solution is Thar coal.

Data provided by NEPRA shows that proven coal reserves in Thar are approximately 175 billion tons. After the commissioning of phase II of Block II, the daily coal production is approximately 24,000 tons, sufficient to fire 1320 MWs. Based on current coal prices of South African Coal, the fuel saving is approximately Rs. 13.46/kWh and the annual fuel savings for 1320 MW will be approximately Rs. 121 billion from Thar coal.

CPEC projects have enabled Pakistan to utilize the Thar coal and produce electricity at around Rs.7-7.5/kWh, the report says. Currently, the 660 MW Engro Power Thar Limited, Lucky Electric, Engro Powergen Thar and Thar Energy are completely or partialy running on Thar coal.

On top of that, another 1,320 MW Shanghai Electric coal power plant, together with an open-pit coal mine of 7.8m tons capacity in Thar Coal Block-1, has been completed recently and is in the process of synchronizing with the national grid. Once put into commercial operation, it will help double electricity generation based on Thar coal to 2640 MW and lower average electricity costs in Pakistan.

Transit to Renewable energies
In December 2020, Pakistan announced that it would not build any new power projects that depend on imported coal, and pledged that by 2030, 60pc of its energy will come from clean and renewable sources. This coincided with China’s commitment of building a green CPEC, which entails not building new coal-fired power plants overseas, and increasing support for low-carbon energy.

In this connection, four hydro power projects have been completed or in development under the CPEC Framework, including the biggest run of the river hydro power project 720 MW Karot HPP commissioned on 29th June 2022, 840 MW Suki Kinari HPP under construction, and a 640 MW project recently approved in Mahl.

According to the State of Industry Report 2022 issued by NEPRA, the HPPs have a comparatively long operational life which can be used as an advantage for reducing their tariff through a large spread of the cost over the life of the project.

Besides, CPEC projects have invigorated the once barren land in Jhimpir and transformed the region into a ‘wind corridor’ in real. Four wind farms built here with a total installed capacity of 300 MW have supplied economical and clean energy to national grid of Pakistan.

In Bahawalpur located the first ever solar power plant in Pakistan Quaid-e-Azam Solar Park. The plant was initially launched with a capacity of generating 100 MW of power. Since 2015, there have been addition of 300 MW power generation capacity, and there are numerous planned projects reported for the Quaid-e-Azam Solar Park by AEDB with cumulative capacity of 1,050 MW.

The State of Industry Report 2022 by NEPRA shows the price of electricity from wind and solar power plants are less than half of the price of electricity currently being procured from thermal sources.

With all these projects coming on line or set to come on line through out this decade, I hope phase 2 of CPEC is implemented despite the current political and economic situation.

The sooner we can increase exports and agricultural output, we can grow out of our circumstances and be more capable to pay back the loans upon the nation.

It’s good to see the importance of switching to that coal, as much as economically viable, is being prioritized.

Also, considering how much we have invested into the road network, is the Sukkur-Hyderabad motorway still set to be built over the next 3 years? Getting exports to the port in Karachi should be easier once the last leg of the motorway network is completed.

 

[ghazi52]

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T5 is being constructed on Tunnel No. 5 of Tarbela Dam with approved PC-I of US$ 807 million.

World Bank is providing US$ 390 million, while Asian Infrastructure Investment Bank (AIIB) is providing US$ 300 million for construction of the project.

Cumulative generation capacity of the project stands at 1530 MW with three generating units of 510 MW each.

The project will provide 1.347 billion units of green, clean and low-cost hydel electricity to the National Grid on the average every year. With completion of T5,

installed capacity at Tarbela Dam will rise from 4888 MW to 6418 MW.

 

[FuturePAF]

,.,..
T5 is being constructed on Tunnel No. 5 of Tarbela Dam with approved PC-I of US$ 807 million.

World Bank is providing US$ 390 million, while Asian Infrastructure Investment Bank (AIIB) is providing US$ 300 million for construction of the project.

Cumulative generation capacity of the project stands at 1530 MW with three generating units of 510 MW each.

The project will provide 1.347 billion units of green, clean and low-cost hydel electricity to the National Grid on the average every year. With completion of T5,

installed capacity at Tarbela Dam will rise from 4888 MW to 6418 MW.

I hope they can try to get a loan from the WB and AIIB (at their low interest rates) to dredge Tarbela and Mangla dams. Dredging is the fastest way to increase their capacity and increase the electricity generation potential of all the additions being built to these dams.

 

[ghazi52]

I hope they can try to get a loan from the WB and AIIB (at their low interest rates) to dredge Tarbela and Mangla dams. Dredging is the fastest way to increase their capacity and increase the electricity generation potential of all the additions being built to these dams.

Dredging is ongoing process, I had seen huge setup at Tarbela dam.
Also at Mangla Wapda is doing.

 

[FuturePAF]

Dredging is ongoing process, I had seen huge setup at Tarbela dam.
Also at Mangla Wapda is doing.

Is it hydraulic dredging from the base of the reservoir or mostly using excavators to remove sediments from around the edge of the resovoirs?

I ask because there was an estimate that it would cost somewhere around $1 billion to hydraulically dredge each reservoir, and wasn’t sure if that size of investment was being made, because it was not announced in recent years. I assume some level of dredging is part of normal maintenance, but hydraulically dredging the majority of the redo or would be a considerable undertaking, considering the decades of sediment built up behind the dams.

 

[ghazi52]

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884MW - Suki Kinari HPP (under construction)

The construction activities are in progress with severe weather conditions. The civil and electro-mechanical works are going on.

The construction activities were started in 2017 and the expected completion date of the project is 2024.

 

[ghazi52]

Is it hydraulic dredging from the base of the reservoir or mostly using excavators to remove sediments from around the edge of the resovoirs?

Yes, They do periodically hydraulic dredging from the base of the reservoir. The normal dredging was started with the dam. All this increased the lifespan of the dam.

 

[ghazi52]

Dasu Hydroelectric gravity dam currently under construction Indus River near Dasu Khyber Pakhtunkhwa.
242 m tall. 4,320 MW hydropower Station, will be built in two 2,160 MW stages. The dam to start generating power in late 2024/25.
The main civil works by Gezhouba Group Company Limited..

https://www.facebook.com/video.php?v=765326574939457

 

[ghazi52]

Diamer Basha Dam Progress March 2023 ..

https://www.facebook.com/video.php?v=183472871101805