Energy Projects - News & Updates

[ghazi52]

Pakistan govt. to terminate contract of the 6 local IPPs:
1. Gul Ahmed Energy Limited
2. Kohinoor Energy
3. Liberty Power Project
4. Tapal Energy Limited
5. Attock Generation
6. KAPCO

 

[ghazi52]

Historic Moment for Pakistan’s Energy Sector - 884MW Suki Kinari Hydropower Project (SKHPP)

Today, August 12, 2024, marks a monumental milestone as the first unit of the Suki Kinari Hydropower Project (SKHPP)—the largest CPEC hydropower project—officially connects to the grid for power generation!
This journey has been one of dedication and perseverance:
• May 25: The first unit successfully completed its dry commissioning test.
• June 16: Wet testing was completed.
• July 1: All electrical tests were finalized, paving the way for grid connection.
Once fully operational, SKHPP is set to generate a staggering 3.212 billion kWh of electricity annually, saving approximately 1.28 million tons of standard coal and reducing CO2 emissions by about 3.2 million tons each year. This project will provide clean, affordable electricity to over 1 million Pakistani households, fueling the nation’s growth and sustainability.
During its peak construction phase, the SKHPP created 6,600 jobs, significantly boosting local social and economic development.
Today, we celebrate not just a technical achievement but a leap forward in Pakistan’s journey toward a sustainable energy future.`

 

[ghazi52]

https://www.facebook.com/video.php?v=3857249817841007

 

[ghazi52]

Gwadar North Free Zone energized with 10 MW power supply​

Gwadar Pro
Aug 15, 2024

GWADAR - In a major development, Gwadar North Free Zone has been energized with 10 MW electricity after connecting the national grid system on August 15. In the second phase 5 MW power supply will be provided to Gwadar North Free Zone and Gwadar Port.

Gwadar Port Authority as the executing agency completed the entire work in one year. Quetta Electric Power Supply Company (QEPSC) and China Overseas Ports Holding Company (COPHC) conducted the feasibility studies. Sigma, a Karachi based company constructed the distribution network in the Gwadar North Free Zone.

Almost 300 meters long underground power cables have been laid down from Deep Sea Port grid station with a sub-station recently constructed at the entrance of North Free Zone. The sub-station has the control panels, HT room and cabinets to manage supply of electricity to the factories in the zone.

From the sub-station a 5 km long 132 KV distribution line carrying two feeders of 5 MW each were laid. On reaching the factories’ premises inside North Free Zone where companies including Han Geng and Agven are operating, step-down transformers have been installed for continual electricity supply as per their demands.

Now Gwadar North Free Zone has been linked to Gwadar Port’s sole grid station with three sources. “One source is national grid station of Quetta. The second source is Gabd-Remdan of Iran border. The third source is Nag-Besima section of another Iran Border.”

The Deep-Sea Port’s sole Grid Station was established in 2019 exclusively for Gwadar Port and Free Zone through three feeders. Since inadequate power was available at the disposal of the QEPSC, the grid station had to rely on diesel generators for production of thermal power using expensive fossil fuel at high cost in the past.

After Gwadar North Free Zone is energized, 8.5 MW Diesel Generator has been switched off, saving millions of rupees. COPHC official said that as matter of fact electricity which was being produced through 8.5 MW diesel generator cost around Rs90 per unit. However, after availability of 10 MW power in Gwadar North Free Zone, electricity cost will be around Rs.55 per unit.

“It means investors and factory owners will enjoy the saving of around Rs35 per unit. This will directly impact financial leverage and production growth not only for current enterprises but also for potential investors,” COPHC official said.

 

[ghazi52]

New coal-fired power plant starts operations today​

Business Recorder
Aug 13, 2024

LAHORE: In a significant milestone for Pakistan’s energy sector, a new 660 MW coal-fired power plant in Jamshoro is set to commence operations on August 14, Pakistan’s Independence Day. This project marks a landmark achievement in the country’s energy infrastructure.

The plant, owned by the Government of Pakistan and funded by the Asian Development Bank, features advanced supercritical technology and is designed to enhance energy efficiency and stabilize the national grid. Its strategic location will benefit the industrial hub of Karachi and the southern region.

The plant’s commissioning is a technological advancement and a strategic asset for Pakistan’s energy sector, expected to improve power stability and reliability. K-Electric has expressed plans to acquire the plant in the future, reflecting its anticipated value and impact.

Copyright Business Recorder, 2024

 

[ghazi52]

New coal-fired power plant starts operations today​

Business Recorder
Aug 13, 2024

LAHORE: In a significant milestone for Pakistan’s energy sector, a new 660 MW coal-fired power plant in Jamshoro is set to commence operations on August 14, Pakistan’s Independence Day. This project marks a landmark achievement in the country’s energy infrastructure.

The plant, owned by the Government of Pakistan and funded by the Asian Development Bank, features advanced supercritical technology and is designed to enhance energy efficiency and stabilize the national grid. Its strategic location will benefit the industrial hub of Karachi and the southern region.

The plant’s commissioning is a technological advancement and a strategic asset for Pakistan’s energy sector, expected to improve power stability and reliability. K-Electric has expressed plans to acquire the plant in the future, reflecting its anticipated value and impact.

Copyright Business Recorder, 2024

 

[ghazi52]

Kohala plant back on track after 3-year delay​

Khaleeq Kiani
August 21, 2024

ISLAMABAD: Pakistan has agreed in principle to revive the 1,124MW Kohala Hydropower Project (KHPP) and extend the completion deadline by three years, sources in the Planning Commission told Dawn.

The project had been stalled for three years as China Export and Credit Insurance Corporation (Sinosure) was reluctant to provide insurance cover to the project as Pakistani power companies had not paid the dues of over Rs550bn owed to Chinese independent power producers (IPPs).

Moreover, there were also concerns over the changes in land acquisition law and environmental regulations by the Azad Kashmir government. Earlier this year, China Three Gorges Dam Corporation (CTG) — the Chinese sponsor of the project — had demanded the revival of the $2.5 billion hydropower station.

According to the sources, at present, legal and procedural formalities are being worked out by the Private Power and Infrastructure Board (PPIB) — a one-window investment facilitation arm of the Power Division — and CTG to extend the letter of support (LoS) and deadline for financial closing by September 30 2027, instead of October 1 2024.

Govt agrees in principle to revive 1,124MW power project after demand from Chinese sponsors

Pakistan has also agreed to waive potential penalties that normally accrue on LoS extensions on the understanding that the delays were beyond the control of the sponsor, CTG.

The project remained under discussion for quite some time, particularly since Prime Minister Shehbaz Sharif’s visit to Beijing in June. Ministerial delegations, including the one led by the finance minister, have also visited China since then.

On the eve of the PM’s June visit, CTG had raised a series of demands to revive the 1,124MW project.

Pakistan has been seeking its revival, along with the 700mw Azad Pattan Hydropower project because the renewable projects are a key part of the multi-billion dollar China-Pakistan Economic Corridor (CPEC) and Islamabad’s long-term Indicative Generation Capacity Expansion Plan (IGCEP).

Following the hectic engagements by Planning Minister Ahsan Iqbal and the PM Office during and on the sidelines of the Joint Coordination Committee (JCC) of the CPEC in May, Pakistan got a positive response from the Chinese leadership on resuming the project.

Following the engagements, Sinosure is reported to have asked the sponsors of these two projects to file fresh letters of intent (LOIs) for investment and related insurance cover.

On the sidelines of the PM’s visit, CTG had demanded that the previous bank guarantee be kept unchanged instead of doubling it as required under the power policy and waiving the extension fee.

CTG had reported that the KHPP Company was “fully geared” to achieve financial closing in December 2018 when the work was “unexpectedly halted” by the AJK government over environmental concerns.

The company reported that it had already executed an EPC Contract and an Employer Engineer’s Contract and mobilised heavy equipment to start the construction when the concerns were raised.

Subsequently, it took more than three years to address the issues, leading to significant delays in the project.

Published in Dawn, August 21st, 2024

 

[Fatman17]

KARACHI:
In a surprising turnaround, Pakistan has reversed the historical trend of depleting oil and gas reserves as it reported a 26% boost in crude oil deposits and a 2% increase in gas reserves in the six-month period ended June 30, 2024.

New discoveries and an upward revision in recoverable reserves have bolstered by one year the lifespan of oil and gas deposits to 10 years and 17 years, respectively.

 

[ghazi52]

Tarbela Dam is providing Electricity to Nation for the last 50 years..