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NewsKorean companies asked to undertake $1.6bn of hydroelectric schemes in Pakistan

8 January 2021 | By GCR Staff | 0 Comments

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Pakistan’s Ministry of Commerce has asked South Korea to participate in two dam-building projects with a total value of $1.6bn.

The request was made during a video conference with Korea’s Ministry of Trade, Industry and Energy, held on Wednesday.

The larger of the two proposed dams is the $1.1bn Lower Spat Gah on a tributary of the Indus river, a 470MW scheme that Pakistan has been seeking to develop through public–private procurement for the past 10 years.

Korea Hydro & Nuclear Power, a subsidiary of the state-owned Korea Electric Power Corporation (Kepco), has drawn up plans to form a special purpose company for the project. The Asian Development Bank will provide financial consulting and financing will be on a project basis.

Preliminary work on this scheme is set to begin next year, allowing the main works to get under way in 2023. Construction will be completed in 2029, after which Korea Hydro will run the plant for 30 years.

The second dam is the 215MW Asrit-Kedam project on the Swat River, on Pakistan’s North West Frontier.

This project also has a lengthy history. According to Pakistani publication Engineering Review, it was awarded to a local company called Yunus Brothers in 2007, but work was delayed by a Taliban insurgency.

In 2017 the Korean South East Power Company, another Kepco subsidiary, signed a memorandum of understanding to take over the work, but this was delayed by a legal challenge from Yunus Brothers in the Peshawar High Court.

Image: Pakistan’s Swat River (Power22/CC BY-SA 3.0)

Further reading:

China to build $2bn dam on Pakistan’s Swat RiverPakistan finally gives green light to controversial Indus dam in KashmirWorld Bank to provide more than $1bn for Pakistan hydropower schemes

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2020: EXCEPTIONAL YEAR FOR WATER, HYDEL POWER IN PAKISTAN DIAMER BASHA DAM INITIATED, HIGHEST-EVER HYDEL GENERATION IN 2020 ADDITIONAL GENERATION BENEFITS STANDS AT RS.53.2 BILLION
Photo Tarbela 4
December 30, 2020: The 2020 proved to be an exceptional year for water and hydropower sectors in the country, as the Pakistan Water and Power Development Authority (WAPDA) succeeded in achieving the historic milestones in the two sectors during this year. Besides generating highest-ever low-cost hydel electricity, WAPDA also initiated construction work on the long-delayed mega multi-purpose Diamer Basha Dam Project in 2020.
As per the details, WAPDA hydel generation continued to surge during 2020 too. As many as 22 hydel power stations owned and operated by WAPDA across the country generated 38.3 billion units, which is the highest-ever generation in a year. This record generation includes 12.08 billion units from Tarbela, 4.98 billion units from Tarbela 4th Extension, 6.48 billion units from Ghazi Barotha, 5.76 billion units from Mangla, 4.93 billion units from Neelum Jhelum and 4.07 billion units from rest of the hydel power stations.
WAPDA hydel generation in 2020 stands 3.8 billion units more, if compared with that of 2019, benefitting the country with about Rs.53.2 billion, as the national exchequer had to bear the brunt of Rs.53.2 billion if this additional electricity would have been generated through thermal source.
Removing obstacles in the way to implementing the project, WAPDA started in July this year construction of Diamer Basha Dam - a vital project for water, food and energy security of the country with gross water storage of 8.1 million acre feet (MAF), live water storage of 6.4 MAF and power generation of 4500 megawatt (MW). Despite Corona Virus Pandemic, construction work continued satisfactorily on Mohmand Dam during 2020. The project was initiated in May 2019. With completion of Mohmand, Diamer Basha, Dasu and several other on-going projects from 2024 to 2029, hydel power generation will enhance from existing 9389 MW to about 20500 MW - more than double - with addition of 11122 MW. Similarly, live water storage capacity in the country will also increase from the existing 15.1 MAF to 23.4 MAF with an addition of 8.3 MAF.

 
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A silent revolution is taking place in Baluchistan. The provincial government with the aid of the federal government is building hundred small dams. Just 16 of these dams that recently got funding will irrigate 150,000 acres of barren land. Inshallah soon Baluchistan will be a prosperous province with vast agricultural lands and industries.

 
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