Energy Projects...Updates
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ghazi52
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1230 MW Haveli Bahadur Shah RLNG based power plant under construction near Jhang will be operational by January 2018.
A project of Punjab and Federal Government .
969 MW Neelum Jhelum Hydropower Project under construction in Azad Kashmir.
Will start producing energy in February-March 2018.
A project of Punjab and Federal Government .
969 MW Neelum Jhelum Hydropower Project under construction in Azad Kashmir.
Will start producing energy in February-March 2018.
ghazi52
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Dawood Lawrencepur Limited has increased the amount of guarantee from 10 million to USD 15 million, given to the Intercreditor Agent, Citibank, against repayment of loans by a subsidiary company, Tenaga Generasi to the lenders.
According to the stock filing, the Board of Directors of Dawood Lawrencepur Limited has approved increase of continuing Standby Letter of Credit (SBLC) by US $ 5 million reaching up to US $ 15 million, on behalf of subsidiary company, Tenaga Generasi Limited (TGL), in favor of lenders of TGL through their Intercreditor Agent, Citibank International Limited, in terms of the Sponsors Support Agreement.
The purpose of SBLC is to secure the repayments of the loan by TGL to its lenders. The SBLC is issued by Standard Chartered Bank (Pakistan) Limited.
About Tenaga Generasi
Tenaga Generasi, a subsidiary of Dawood Lawrencepur Limited (DLL), is a Malaysian company and was incorporated in Pakistan in 2004 for the purpose of setting up a 50MW Wind Power Plant. In January 2008, the company decided to exit Pakistan. TGL was acquired by Dawood Lawrencepur Limited(DLL) since then. It is now a subsidiary of Dawood Lawrencepur Limited (DLL) with a 75 percent stake.
Following the purchase, Alternate Energy Development Board (AEDB) in April 2008 increased the land allocation to 4881 acres. This land is sufficient for setting up a 100MW wind farm. The current development plan envisages the setting up of a 50MW wind farm in the first phase, which would then be increased to 100MW.
The first power project has been completed its commissioning in the area of Mipur Sakro, District Thatta, Sindh.
According to the stock filing, the Board of Directors of Dawood Lawrencepur Limited has approved increase of continuing Standby Letter of Credit (SBLC) by US $ 5 million reaching up to US $ 15 million, on behalf of subsidiary company, Tenaga Generasi Limited (TGL), in favor of lenders of TGL through their Intercreditor Agent, Citibank International Limited, in terms of the Sponsors Support Agreement.
The purpose of SBLC is to secure the repayments of the loan by TGL to its lenders. The SBLC is issued by Standard Chartered Bank (Pakistan) Limited.
About Tenaga Generasi
Tenaga Generasi, a subsidiary of Dawood Lawrencepur Limited (DLL), is a Malaysian company and was incorporated in Pakistan in 2004 for the purpose of setting up a 50MW Wind Power Plant. In January 2008, the company decided to exit Pakistan. TGL was acquired by Dawood Lawrencepur Limited(DLL) since then. It is now a subsidiary of Dawood Lawrencepur Limited (DLL) with a 75 percent stake.
Following the purchase, Alternate Energy Development Board (AEDB) in April 2008 increased the land allocation to 4881 acres. This land is sufficient for setting up a 100MW wind farm. The current development plan envisages the setting up of a 50MW wind farm in the first phase, which would then be increased to 100MW.
The first power project has been completed its commissioning in the area of Mipur Sakro, District Thatta, Sindh.
ghazi52
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Neelum Jhelum transmission line to be completed this month
ISLAMABAD - Prime Minister Shahid Khaqan Abbasi was informed on Wednesday that 500 KV Neelum Jhelum transmission line would be completed by the end of September 2017.
Cabinet Committee on Energy (CCoE), which was chaired by PM Abbasi, reviewed power situation in the country. The Water & Power secretary gave a detailed briefing on current demand and supply situation in the power sector. He also presented projected figures for the power sector up to year 2023. The meeting was informed that transmission line of the same capacities in Port Qasim and Thar Matiari would be completed by October 2017 and June 2018, respectively. It was informed that 220KV Jhampir-TM Road transmission line has been energised. Gharo Jhampir line of 220KV, 132 KV Patrind Mansehra and 500 KV Baloki transmission lines would be completed in the year 2018, the meeting was informed.
The prime minister reviewed various outstanding issues regarding upcoming power plants and gave instructions for expeditious completion of ongoing power generation and transmission system in the country. While reviewing the current distribution system, the prime minister advised the ministry to work out a comprehensive plan, in coordination with stakeholders, for reducing technical and commercial losses and making power distribution a viable sector.
The prime minister observed that as a result of concerted efforts by the present government, power situation has improved significantly thus saving the people from the inconvenience of unscheduled and forced load shedding.
ISLAMABAD - Prime Minister Shahid Khaqan Abbasi was informed on Wednesday that 500 KV Neelum Jhelum transmission line would be completed by the end of September 2017.
Cabinet Committee on Energy (CCoE), which was chaired by PM Abbasi, reviewed power situation in the country. The Water & Power secretary gave a detailed briefing on current demand and supply situation in the power sector. He also presented projected figures for the power sector up to year 2023. The meeting was informed that transmission line of the same capacities in Port Qasim and Thar Matiari would be completed by October 2017 and June 2018, respectively. It was informed that 220KV Jhampir-TM Road transmission line has been energised. Gharo Jhampir line of 220KV, 132 KV Patrind Mansehra and 500 KV Baloki transmission lines would be completed in the year 2018, the meeting was informed.
The prime minister reviewed various outstanding issues regarding upcoming power plants and gave instructions for expeditious completion of ongoing power generation and transmission system in the country. While reviewing the current distribution system, the prime minister advised the ministry to work out a comprehensive plan, in coordination with stakeholders, for reducing technical and commercial losses and making power distribution a viable sector.
The prime minister observed that as a result of concerted efforts by the present government, power situation has improved significantly thus saving the people from the inconvenience of unscheduled and forced load shedding.
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Federal Government approves five hydropower projects to overcome electricity shortage in #GilgitBaltistan.
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1223 MW Balloki Power Plant near completion near Pattoki . inauguration on Dec 2017
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STRANGER BIRD
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1320 MW #CPEC project #portqasim coal plant; first 660MW unit synchronization and generating electricity in national grid on 10 November #Karachi. #Pakistan Another completion of project under CPEC
ziaulislam
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Do praise at place where its deserved
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