Pakistan, Afghanistan sign landmark transit fee accord on CASA-1000 energy

[Edevelop]

WASHINGTON: Pakistan signed an agreement with Afghanistan Saturday on electricity transit fees, as Finance Minister Ishaq Dar described it a major step towards closer partnership between the two countries with transmission of Central Asian energy to Pakistan.
World Bank President Jim Yong Kim and US Special Representative for Afghanistan and Pakistan Dan Feldman witnessed the signing ceremony at the World Bank Headquarters.

"It's a win-win for both countries," Dar said, as Prime Minister Nawaz Sharif's government successfully concluded the negotiations with Afghanistan on reaching an accord on 1.25 cent per KW transit fee for supply of Central Asian electricity to Pakistan through Afghan territory.

The accord, welcomed by the WB President King as a success towards meeting Pakistan's power requirements, helps to establish the commercial arrangements for 1,300 megawatts (WM) of sustainable, regional electricity trade between Kyrgyz Republic, Tajikstan, Afghanistan and Pakistan as part of the Central Asia South Asia Electricity Transmission and Trade Project, known as CASA-1000.

Finance Minsiter Dar expressed appereciation for the World Bank, the US State Department and USAID for their support for the landmark project.

"This marks a new beginning towards greater economic cooperation between the two countries - and Pakistan is committed to greater economic and trade cooperation with Afghanistan," which just had a new government in Kabul, Dar said.

Pakistan's Ambassador to the United States Jalil Abbas Jilani, Governor State Bank of Pakistan Ashraf Mahmood Wathra, Additional Secretary External Finanace Shahid Mahmood attended the ceremony.

For his part, Afghan Finance Minister Omar Zakhilwal said Afghanistan was ready to realize the CASA-1000 vision and improve energy security and trade for the two countries and the region.

Meanwhile, Ambassador Jilani also said the agreement marked an important achievement towards meeting Pakistan's exponential energy requirements. "This is another vital step, " following US support for Diamer Basha Dam, to realize energy availability for Pakistan.

CASA-1000 will build more than 1,200 km of electricity transmission lines and associated substations to transmit excess summer hydropower energy from existing power generation stations in Tajikstan and the Kyrgz Republic to Pakistan and Afghanisan.

To oversee the complex, four-countries process, an inter-governmental council has been established that will supervise the edsign and implementation of the project.

In March 2014, the World Bank Group approved financing for the engineering design, construction, and commissioning of transmission lines and three new converter stations. The project would build upon existing power generation stations that will provide the energy to be traded over CASA-1000.

The commercial and operating framework for CASA-1000 is specifically based on "open access" principles that will allow additional energy supplying countries to connect with wider regional transmission networks.

CASA-1000 will enable the development of the Central Asia South Asia Regional Electricity Market (CASAREM) - a long-term plan for regional energy trade.

Pakistan, Afghanistan sign landmark transit fee accord on CASA-1000 energy

 

[Edevelop]

This project is finally moving into right direction...

 

[Green Arrow]

Good move

 

[Cheetah786]

This project is finally moving into right direction...

Is it? whats the price per kw is being negotiated.and who is going to grantee its safety new Mayor of Kabul , or PML_N.

 

[Imran Khan]

taliban aik bomb mary gay sary mulk ki bijli band ho geee

 

[Edevelop]

Is it? whats the price per kw is being negotiated.and who is going to grantee its safety new Mayor of Kabul , or PML_N.

Clue - Read the article again...

 

[forcetrip]

Clue - Read the article again...

Thats just transit fee of 1.25 cents/kw. That means that's the price Afghanistan will get for every KW of electricity sold to Pakistan. Where in the article does it mention the cost of electricity?

 

[AZADPAKISTAN2009]

taliban aik bomb mary gay sary mulk ki bijli band ho geee

Would have been simpler had we taken over that area and controlled it ourselves no need for Honda accords

 

[Imran Khan]

Would have been simpler had we taken over that area and controlled it ourselves no need for Honda accords

as our own area is under our fully control sir ? banda baat kerty hoy phly soch bhi lta hai . inside deep inside pakistan people are blowing UP gas and electrical polls . and we are dreaming to control afghanistani hell ?

 

[AZADPAKISTAN2009]

Should be no transit fee, just like they don't pay fee on cargo transit going to Afghanistan from our ports

 

[Imran Khan]

Should be no transit fee, just like they don't pay fee on cargo transit going to Afghanistan from our ports

world is moved so far sir . it was tool to control afghanistan but now they also have ther alternatives . still we are on same old page . i think we must get rid of afghanis - transit - and everything attached to afghanistan .

 

[Kompromat]

Wait and see if its implemented or not.

 

[Edevelop]

CASA-1000: Pakistan, Afghanistan agree electricity transit fee

WASHINGTON: Pakistan and Afghanistan on Saturday agreed on electricity transit fees if 1.25 cents per kilo watt (KW) as part of the Central Asia-South Asia (CASA-1000) power project.

The agreement was signed by Finance Minister Ishaq Dar from Pakistan and Minister of Finance and National Economic Adviser Omar Zakhilwal from Afghanistan during the annual meetings of the World Bank and IMF in Washington, DC.

The agreement was signed after the price was negotiated down from the initial asking price of 2.5 cents to 1.25 cents per KW. The agreement would help establish commercial arrangements for 1,300 megawatts (MW) of sustainable regional electricity trade between Kyrgyz Republic, Tajikistan, Afghanistan and Pakistan as part of the CASA-1000 electricity transmission and trade project.

“Now that we have agreed on a transit fee for the electricity, I hope we can move forward quickly on this transformational project,” said Dar after the signing ceremony.

“We are ready to realise the CASA–1000 vision and improve energy security and trade for our countries and region,” said Zakhilwal.

CASA-1000 will involve construction of over 1,200 kilometers of electricity transmission lines and associated substations to transmit excess summer hydropower energy from existing power generation stations in Tajikistan and the Krgyz Republic to Pakistan and Afghanistan. To oversee the complex, four-country process, and inter-Governmental Council has been established to supervise the design and implementation of the project.

In March 2014 for the World Bank Group approved financing for the engineering design, construction and commissioning of transmission lines and three new converter stations. The project would build upon existing power generation stations that will provide the energy to be traded over CASA-1000.

Commercial and operating framework for CASA-1000 is specifically based on “open access” principles that will allow additional energy supplying countries to connect with wider regional transmission networks. CASA-1000 will enable the development of the Central Asia South Asia regional electricity market, (CASAREM) – a long-term plan for regional energy trade.

CASA-1000: Pakistan, Afghanistan agree electricity transit fee – The Express Tribune

 

[Cheetah786]

Clue - Read the article again...

I did read it. you should read it before giving out clues. tell us the price /kwh, we are paying to the producer. cause that1.25 cents is the the transit rate per kilowatt fee. Not the price to be paid to the producer. who will pay for the line losses since this is a Long line?

 

[Edevelop]

Thats just transit fee of $1.25/kw. That means that's the price Afghanistan will get for every KW of electricity sold to Pakistan. Where in the article does it mention the cost of electricity?

I did read it. you should read it before giving out clues. tell us the price /kwh, we are paying to the producer. cause that1.25 cents is the the transit rate per kilowatt fee. Not the price to be paid to the producer. who will pay for the line losses since this is a Long line?

I'm not an energy expert or part of this project.

Help yourself...

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