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Grid connectivity to enable trade of 500 MW between Pak, India

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Grid connectivity to enable trade of 500 MW between Pak, India

* Joint group to meet in Jan regarding trade in POL products

ISLAMABAD: A broad understanding has been reached between Pakistan and India on possible grid connectivity between Amritsar-Lahore to enable trade of up to 500 Megawatts (MW) of power.

Both the countries have agreed on trading in petroleum products, it was also agreed that the Joint Group would hold its first meeting before January 2012. According to the Joint Statement issued at the conclusion of the 6th round of India-Pakistan talks on Commercial and Economic Cooperation at New Delhi, between Commerce Secretaries of India and Pakistan.

New Trade Initiatives: The first meeting of the Joint Group of Experts to examine feasibility of trade of electricity was held on October 20, 2011 at New Delhi. Central Electricity Authority and Power Grid Corporation of India limited, Power System Operation Corporation Limited have been designated as the nodal technical agencies from the Indian side. They are interacting with National Transmission and Dispatch Company Limited of Pakistan to work out the optimal technical solutions for grid connectivity between both countries. A broad understanding has been reached on possible grid connectivity between Amritsar-Lahore to enable trade of up to 500 MW of power. The second meeting of the experts is scheduled to be held in Islamabad in the first week of December 2011. It is expected that the group of experts will reach a final understanding on grid connectivity at this meeting. Regarding trade in petroleum products, it was agreed that the Joint Group would hold its first meeting before January 2012. staff report

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