Energy Projects...Updates
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ghazi52
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1223 Mw Balloki power plant have completed the first fire test of a 9HA gas turbine in just 66 days after the unit’s delivery to the project site.The first 9HA gas turbine at Balloki is now delivering up to 380 megawatts of energy.
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ghazi52
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Arif Habib to set up power plant with Chinese funding
KARACHI: Pakistan is set to attract more Chinese investment for setting up another Thar coal-fired power plant as the country seeks to aggressively utilise indigenous energy resources to reduce its reliance on imported fuels.
“Arif Habib Corporation Limited is going to set up a 330-megawatt (MW) Thar coal-fired power plant,” Arif Habib, Chairman of the diversified business house, said during a visit to the Karachi Press Club on Tuesday.
The project would be located in the Thar block-II and attract Chinese financing, he said.
The Chinese government is investing billions of dollars in Pakistan’s ports, roads, railway infrastructure and power projects. The investment includes over $60 billion earmarked for the China-Pakistan Economic Corridor (CPEC) apart from the significant amount reserved for non-CPEC projects.
Habib said his company would soon submit an application with the National Electric Power Regulatory Authority (Nepra) for setting a power tariff.
“In the next six months, the process of arranging finances (equity and debt) will be initiated,” he informed reporters, adding “the financing will take around a year.” The plant will start production in 2020-21.
Recently, the power sector regulator revised downwards the tariffs for Thar coal-based power projects, setting them in the range of Rs7.58-7.79 per kilowatt-hour (kWh). These are up to 18.5% lower than the previous tariff range of Rs8.33-9.56 per kWh, which expired in January 2017.
The government had so far approved four Thar coal-fired power projects with total capacity of 2,640MW, a Nepra document revealed.
First of these is the 330MW Engro PowerGen Thar, which is scheduled to kick-start production by June 2019. Engro will add one more unit of the same capacity later.
ThalNova Power Thar and Thar Energy Limited will also launch single units of 330MW each. Apart from these, the Thar Coal Block-I Power Generation Co is set to launch two units of 660MW each.
Lucky and Siddiqsons are also constructing power projects based on Thar coal, but at a distance from the coalmines. Thar coal-mining and power projects are financed by the Chinese government and private investors.
KARACHI: Pakistan is set to attract more Chinese investment for setting up another Thar coal-fired power plant as the country seeks to aggressively utilise indigenous energy resources to reduce its reliance on imported fuels.
“Arif Habib Corporation Limited is going to set up a 330-megawatt (MW) Thar coal-fired power plant,” Arif Habib, Chairman of the diversified business house, said during a visit to the Karachi Press Club on Tuesday.
The project would be located in the Thar block-II and attract Chinese financing, he said.
The Chinese government is investing billions of dollars in Pakistan’s ports, roads, railway infrastructure and power projects. The investment includes over $60 billion earmarked for the China-Pakistan Economic Corridor (CPEC) apart from the significant amount reserved for non-CPEC projects.
Habib said his company would soon submit an application with the National Electric Power Regulatory Authority (Nepra) for setting a power tariff.
“In the next six months, the process of arranging finances (equity and debt) will be initiated,” he informed reporters, adding “the financing will take around a year.” The plant will start production in 2020-21.
Recently, the power sector regulator revised downwards the tariffs for Thar coal-based power projects, setting them in the range of Rs7.58-7.79 per kilowatt-hour (kWh). These are up to 18.5% lower than the previous tariff range of Rs8.33-9.56 per kWh, which expired in January 2017.
The government had so far approved four Thar coal-fired power projects with total capacity of 2,640MW, a Nepra document revealed.
First of these is the 330MW Engro PowerGen Thar, which is scheduled to kick-start production by June 2019. Engro will add one more unit of the same capacity later.
ThalNova Power Thar and Thar Energy Limited will also launch single units of 330MW each. Apart from these, the Thar Coal Block-I Power Generation Co is set to launch two units of 660MW each.
Lucky and Siddiqsons are also constructing power projects based on Thar coal, but at a distance from the coalmines. Thar coal-mining and power projects are financed by the Chinese government and private investors.
ghazi52
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K-Electric board gives go-ahead for $1b power plant
https://tribune.com.pk/story/1478591...b-power-plant/
KARACHI: K-Electric’s board of directors has given the go-ahead for setting up a 900-megawatt gas-fired power plant worth $1 billion.
The board, however, says the power regulator’s pending decision on end-consumers tariff is critical for the future of the project, according to a bourse filing on Thursday.
“The board noted with concern that favourable result of the company’s review petition on the Multi Year Tariff (MYT) determination 2017, pending with the National Electric Power Regulatory Authority (Nepra), is critical for financing and development of this mega project,” said K-Electric Director Finance and Company Secretary Muhammad Rizwan Dalia.
Earlier this year, Nepra announced a fixed (cost-based) tariff for K-Electric consumers for a period of seven years. The tariff was Rs3.50 per unit lower than the previous tariff.
Believing that the new tariff did not support investment in projects other than those covered in the tariff, the company submitted a review petition and urged Nepra to award a flexible (performance-based) tariff to enable it to generate additional investment from the consumers to initiate need-based projects.
An official closely monitoring the developments said “Nepra may announce the revised tariff in a week or 10 days.”
A K-Electric official, however, said the regulator may take much more time to announce the decision.
The decision would also enable China’s Shanghai Electric Power whether to go ahead with its initial plan of acquiring a majority stake (66.4% at a cost of $1.77 billion) in K-Electric.
The K-Electric official added “this 900MW project is not covered in the latest multi-year tariff against which they have submitted a review petition.”
A press statement of the company added that the project at Bin Qasim Power Station-III comprised two units of 450MW each.
“The first unit is targeted to start production by the summer of 2018 whereas the second unit is expected to be commissioned by the end of 2019. Once completed, BQPS-III will represent one of the largest private sector investments of its kind in the country’s power sector,” it added.
https://tribune.com.pk/story/1478591...b-power-plant/
KARACHI: K-Electric’s board of directors has given the go-ahead for setting up a 900-megawatt gas-fired power plant worth $1 billion.
The board, however, says the power regulator’s pending decision on end-consumers tariff is critical for the future of the project, according to a bourse filing on Thursday.
“The board noted with concern that favourable result of the company’s review petition on the Multi Year Tariff (MYT) determination 2017, pending with the National Electric Power Regulatory Authority (Nepra), is critical for financing and development of this mega project,” said K-Electric Director Finance and Company Secretary Muhammad Rizwan Dalia.
Earlier this year, Nepra announced a fixed (cost-based) tariff for K-Electric consumers for a period of seven years. The tariff was Rs3.50 per unit lower than the previous tariff.
Believing that the new tariff did not support investment in projects other than those covered in the tariff, the company submitted a review petition and urged Nepra to award a flexible (performance-based) tariff to enable it to generate additional investment from the consumers to initiate need-based projects.
An official closely monitoring the developments said “Nepra may announce the revised tariff in a week or 10 days.”
A K-Electric official, however, said the regulator may take much more time to announce the decision.
The decision would also enable China’s Shanghai Electric Power whether to go ahead with its initial plan of acquiring a majority stake (66.4% at a cost of $1.77 billion) in K-Electric.
The K-Electric official added “this 900MW project is not covered in the latest multi-year tariff against which they have submitted a review petition.”
A press statement of the company added that the project at Bin Qasim Power Station-III comprised two units of 450MW each.
“The first unit is targeted to start production by the summer of 2018 whereas the second unit is expected to be commissioned by the end of 2019. Once completed, BQPS-III will represent one of the largest private sector investments of its kind in the country’s power sector,” it added.
ghazi52
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Suki Kinari HPP, is an under construction, run-of-the-river hydropower project located on the Kunhar river in the Kaghan valley of Mansehra District Khyber Pakhtunkhwa, which has an installed generation capacity of 870 MW. The project is one of the largest private-sector power development project, and is being constructed as part of the China–Pakistan Economic Corridor's "Early Harvest" projects.
ghazi52
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87pc work completed on 1410MW Tarbela 4th extension project
http://nation.com.pk/business/19-Aug...ension-project
ISLAMABAD - Around 87 per cent work has been completed on the Tarbela 4th Extension Power Project so far and its Unit 17 will start power generation in February 2018.
Project Director Tarbela 4th Extension Project Shoail Khan told APP here Friday said that unit-16 would start supplying 470 MW in April followed by unit-15 by May 30.
He said dry test of the project is likely to be conducted in December while wet test in January next year.
He said on completion, the 4th project would add 1410 MW cheap hydel electricity to the national grid system.
The Project Director said work on Spiral Case and Pet Liner of the Unit 17 had already been completed.
In response to a question, he said two transformers had been installed in the power house while third transformer was being installed.
Shoail said work was also being actively carried on transmission line to disperse electricity from Tarbela Hydel Power Station to the National Grid after completion of Tarbela 4th Extension Hydropower Project.
Three units of 470 MW each would be installed at the power house which would enhance the total electricity generation to 4888 MW from the existing 3478 MW, he said.
The project would cost $ 920 million and additional 1410 MW cheaper hydel electricity would be generated.
The World Bank had provided $ 840 million for the project while Water and Power Development Authority arranged the remaining $ 80 million.
Dilating upon the benefits of the project, he said that the project having three units of 470MW each would produce cheap hydropower at a time when electricity needs would be at peak in hot and humid weather.
Annual benefits of the project have been estimated at around Rs 30.7 billion. The project will pay back its cost in just three years.
http://nation.com.pk/business/19-Aug...ension-project
ISLAMABAD - Around 87 per cent work has been completed on the Tarbela 4th Extension Power Project so far and its Unit 17 will start power generation in February 2018.
Project Director Tarbela 4th Extension Project Shoail Khan told APP here Friday said that unit-16 would start supplying 470 MW in April followed by unit-15 by May 30.
He said dry test of the project is likely to be conducted in December while wet test in January next year.
He said on completion, the 4th project would add 1410 MW cheap hydel electricity to the national grid system.
The Project Director said work on Spiral Case and Pet Liner of the Unit 17 had already been completed.
In response to a question, he said two transformers had been installed in the power house while third transformer was being installed.
Shoail said work was also being actively carried on transmission line to disperse electricity from Tarbela Hydel Power Station to the National Grid after completion of Tarbela 4th Extension Hydropower Project.
Three units of 470 MW each would be installed at the power house which would enhance the total electricity generation to 4888 MW from the existing 3478 MW, he said.
The project would cost $ 920 million and additional 1410 MW cheaper hydel electricity would be generated.
The World Bank had provided $ 840 million for the project while Water and Power Development Authority arranged the remaining $ 80 million.
Dilating upon the benefits of the project, he said that the project having three units of 470MW each would produce cheap hydropower at a time when electricity needs would be at peak in hot and humid weather.
Annual benefits of the project have been estimated at around Rs 30.7 billion. The project will pay back its cost in just three years.
ghazi52
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Tarbela-5th Extension Hydro Power Project (1410 MW)
IBRD Credit of US$ 390 Million and AIIB US$ 300 million: The objective of the Project is to facilitate a sustainable expansion of Pakistan’s electricity generation capacity by installation of three additional power generating units having installed capacity of 470 MW each (total 1410MW) on existing Tunnel-5 without affecting the capacity for irrigation release. The total installed capacity of Tarbela Dam after completion of 5th Extension will rise to 6298 MW.
The total cost of the project is US$ 823.5 million. The World Bank (WB) will finance US$ 390.0 million and Asian Infrastructure Investment Bank (AIIB) will contribute US$ 300.0 million and the remaining US$ 133.5 million will be funded by funded by WAPDA (US$ 124.5 million) and National Transmission and Dispatch Company (NTDC) (US$ 9.0 million) for additional Transmission line from Tarbela to evacuate additional power.
The project would help in further development of Pakistan’s hydropower potential along the Indus River Cascade which is a cornerstone of the World Bank Strategy and Government’s energy policy to reduce load-shedding, reduce cost of electricity production, and improve financial sustainability of the power sector.
Tarbela-5th Extension Hydro Power Project would continue to support a number of community schemes initiated by WAPDA for communities of the area under Tarbela-4 Extension
IBRD Credit of US$ 390 Million and AIIB US$ 300 million: The objective of the Project is to facilitate a sustainable expansion of Pakistan’s electricity generation capacity by installation of three additional power generating units having installed capacity of 470 MW each (total 1410MW) on existing Tunnel-5 without affecting the capacity for irrigation release. The total installed capacity of Tarbela Dam after completion of 5th Extension will rise to 6298 MW.
The total cost of the project is US$ 823.5 million. The World Bank (WB) will finance US$ 390.0 million and Asian Infrastructure Investment Bank (AIIB) will contribute US$ 300.0 million and the remaining US$ 133.5 million will be funded by funded by WAPDA (US$ 124.5 million) and National Transmission and Dispatch Company (NTDC) (US$ 9.0 million) for additional Transmission line from Tarbela to evacuate additional power.
The project would help in further development of Pakistan’s hydropower potential along the Indus River Cascade which is a cornerstone of the World Bank Strategy and Government’s energy policy to reduce load-shedding, reduce cost of electricity production, and improve financial sustainability of the power sector.
Tarbela-5th Extension Hydro Power Project would continue to support a number of community schemes initiated by WAPDA for communities of the area under Tarbela-4 Extension
ghazi52
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Current production capacity of 796 MW and another 2698 MW is in the pipeline with a further 50 MW still in the proposal stage.
IN PRODUCTION
Jhimpir Wind Power Plant 56
Jhimpir Wind Energy Project 50
Three Gorges First Wind Farm Pakistan Ltd-I 50
Foundation Wind Energy–I & II Pvt Ltd 100
Sapphire Wind Power Pvt Ltd 53
Yunus Energy Ltd 50
Metro Wind Power Co Ltd 50
Tenaga Generai Ltd 50
Gul Ahmed Wind Power Ltd 50
Master Wind Energy Ltd 53
FFC Energy Ltd 50
Zorlu Enerji Pakistan 56
Tapal Wind Energy Ltd 30
HydroChina Dawood Power Ltd 50
Sachal Engineering Works Pvt Ltd 50
IN PIPELINE
United Energy Ltd 100
Thatta Power Plant 50
Harappa Solar Pvt Ltd 18
AJ Power Pvt Ltd 12
Hawa Energy Ltd 50
Jhampir Wind Power Ltd 50
Access Electric Pvt Ltd 22
BukhshSolar Pvt Ltd 10
Safe Solar Power Pvt Ltd 10
Blue Star Hydel Pvt Ltd 1
Tricon Boston Corporation 150
Three Gorges Second Wind Farm Pakistan Ltd-II 50
Three Gorges Second Wind Farm Pakistan Ltd-III 50
Hartford Alternate Energy 50
Western Energy Pvt Ltd 50
Zephyr Power Ltd 50
Shaheen Foundation 50
Norinco International Thatta Power Pvt. Ltd. 50
Trans Atlantic Energy Pvt Ltd 50
Act 2 Wind Ltd 50
Artistic Wind Power Pvt Ltd 50
Harvey Wind Power Project 50
Zulikha Energy Ltd 50
Gul Ahmed Electric Ltd 50
Metro Wind Power Ltd 60
Din Energy Ltd 50
Din Energy Ltd 50
Burj Wind Energy Pvt Ltd 14
Iran-Pak Wind Power Pvt Ltd 50
Titan Energy Pakistan (Pvt) Ltd 50
Dawood Power Pvt Ltd 50
Bhambore Wind Project 50
MBM Engineering Company 1
Gharo Wind Power Plant 50
Finerji (Pvt) Ltd 50
Trident Energy (Pvt) Ltd 50
Wind Eagle (Pvt) Ltd 50
Quaid-e-Azam Wind Park 1,000
IN PROPOSAL
AM Pak Energy 50
IN PRODUCTION
Jhimpir Wind Power Plant 56
Jhimpir Wind Energy Project 50
Three Gorges First Wind Farm Pakistan Ltd-I 50
Foundation Wind Energy–I & II Pvt Ltd 100
Sapphire Wind Power Pvt Ltd 53
Yunus Energy Ltd 50
Metro Wind Power Co Ltd 50
Tenaga Generai Ltd 50
Gul Ahmed Wind Power Ltd 50
Master Wind Energy Ltd 53
FFC Energy Ltd 50
Zorlu Enerji Pakistan 56
Tapal Wind Energy Ltd 30
HydroChina Dawood Power Ltd 50
Sachal Engineering Works Pvt Ltd 50
IN PIPELINE
United Energy Ltd 100
Thatta Power Plant 50
Harappa Solar Pvt Ltd 18
AJ Power Pvt Ltd 12
Hawa Energy Ltd 50
Jhampir Wind Power Ltd 50
Access Electric Pvt Ltd 22
BukhshSolar Pvt Ltd 10
Safe Solar Power Pvt Ltd 10
Blue Star Hydel Pvt Ltd 1
Tricon Boston Corporation 150
Three Gorges Second Wind Farm Pakistan Ltd-II 50
Three Gorges Second Wind Farm Pakistan Ltd-III 50
Hartford Alternate Energy 50
Western Energy Pvt Ltd 50
Zephyr Power Ltd 50
Shaheen Foundation 50
Norinco International Thatta Power Pvt. Ltd. 50
Trans Atlantic Energy Pvt Ltd 50
Act 2 Wind Ltd 50
Artistic Wind Power Pvt Ltd 50
Harvey Wind Power Project 50
Zulikha Energy Ltd 50
Gul Ahmed Electric Ltd 50
Metro Wind Power Ltd 60
Din Energy Ltd 50
Din Energy Ltd 50
Burj Wind Energy Pvt Ltd 14
Iran-Pak Wind Power Pvt Ltd 50
Titan Energy Pakistan (Pvt) Ltd 50
Dawood Power Pvt Ltd 50
Bhambore Wind Project 50
MBM Engineering Company 1
Gharo Wind Power Plant 50
Finerji (Pvt) Ltd 50
Trident Energy (Pvt) Ltd 50
Wind Eagle (Pvt) Ltd 50
Quaid-e-Azam Wind Park 1,000
IN PROPOSAL
AM Pak Energy 50
ghazi52
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PM Abbasi inaugurated the country’s second Liquefied Natural Gas (LNG) terminal at Port Qasim in Karachi .
The PM noted that the new terminal had been constructed in just 330 days.
Its third LNG terminal at Port Qasim will become operational in 2018, taking the total installed capacity close to 2,000 million cubic feet per day.
The PM noted that the new terminal had been constructed in just 330 days.
Its third LNG terminal at Port Qasim will become operational in 2018, taking the total installed capacity close to 2,000 million cubic feet per day.
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