The CDWP also approved the PC-II for conducting a feasibility study on the Gadani power project costing Rs100 million. The cost of the study, to be undertaken for construction of an energy park to produce 6,600MW of electricity, will be borne by the federal government. PHOTO: FILE
The federal government on Monday gave clearance for construction of 4,600-megawatt Dasu hydropower project and also decided to be a partner in the four-nation electricity import project.
The decisions were taken in a meeting of the Central Development Working Party (CDWP), headed by Planning and Development Minister Ahsan Iqbal. The Dasu project is expected to cost $7 billion.
The CDWP also cleared 13 new development schemes in the field of energy costing Rs103 billion.
Finance Minister Ishaq Dar said the government would start work on both Dasu and Diamer Bhasha Dams simultaneously. Earlier, he said, the plan was to first complete the Bhasha Dam and then kick off the Dasu project.
The CDWP noted that Diamer Bhasha Dam, a multipurpose project that will produce 4,500MW and irrigate large areas of farmland, took precedence over all other projects in the water sector. Owing to financial crunch, the committee agreed that the government may first build water reservoir of Diamer Bhasha Dam.
This will not only provide water for irrigation but will also make additional water available in off-season for Tarbela and other power houses for generating electricity at a time when water supply slows down.
The CDWP also paved the way for the country to join a much-delayed CASA-1000 project, designed to import 1,000MW of electricity from Tajikistan via Afghanistan.
On its side, Pakistan would bear a cost of only $200 million, said Dar, adding after CDWP’s approval, the cabinet would also clear the project on Wednesday.
The CDWP also approved the PC-II for conducting a feasibility study on the Gadani power project costing Rs100 million. The cost of the study, to be undertaken for construction of an energy park to produce 6,600MW of electricity, will be borne by the federal government.
A company named Pakistan Power Park Management Limited has already been established to arrange funds through a special purpose vehicle to finance projects in Gadani.
Three hydropower projects sponsored by the government of Khyber-Pakhtunkhwa were recommended by the CDWP for approval by the Executive Committee of National Economic Council (Ecnec).
These were 150MW Sharmai Hydropower Project costing Rs33 billion, Engineering Procurement and Construction (EPC) of Shogo-Sin Hydropower Project District Chitral worth Rs27 billion and EPC of Shushgai Hydropower Project District Chitral costing Rs29 billion.
The CDWP can approve projects with cost up to Rs1 billion and clears over Rs1 billion worth of projects for consideration of Ecnec.
Under Punjab’s Renewable Energy Development Sector Investment Programme, revised PC-Is for construction of five hydropower stations (run-of-the-river projects) one each at Chianwali, Pakpattan, Deg-out Fall, Marala and Okara together costing Rs12 billion were recommended by the CDWP for approval of Ecnec. Eighty per cent cost of these projects will be met through an Asian Development Bank (ADB) loan.
The CDWP also approved two projects of the Pakistan Atomic Energy Commission – Detailed Exploration of Uranium Resources in Bannu Basin and Kohat Plateau Phase-II and Detailed Exploration of Uranium Resources in Dera Ghazi Khan Phase-VIII costing Rs634 million and Rs726 million respectively.
A revised PC-I of the Pakistan Nuclear Regulatory Authority titled “Establishment of National Dosimetry and Protection Level Calibration Laboratory” was also cleared.
Planning Minister Iqbal stated that the government was giving priority to making the country self-sufficient in cheap and affordable energy. If a proactive approach was not adopted for building water reservoirs, the country may face bigger problems in the next 10 years, he said.
Published in The Express Tribune, August 27th 2013.
Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.
COMMENTS (7)
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ
1714024018-0/ModiLara-(1)1714024018-0-270x192.webp)
Good and serious show. Keep going, your intentions seems clear May Allah help you.
A PTI Supporter, who thinks survival of Pakistan is above all polictical parties.
During the past 3 months I've read of so many projects that would cumulatively produce more than 20,000 MW of electricity and the way this government is progressing by the end of their tenure Pakistan will be producing enough electricity to meet the demand of the entire world, on paper that is. Can we have a timeline for all these projects? We would like to know that work on Project X has begun rather than hearing government has approved project worth 500 billion rupees capable of producing 10,000 MW.
On paper its looks good....... But who will pay the cost & from which source.....?????
Good job!
We need central planning at this stage if our development.
Importing electricity from Tajikistan.......govt must inform the middlemen involved in this....many of us know who the person is.....it stinks.... More details mst be made public of this import.
Good to know that they are also focusing on water reservoirs instead of just focusing on generating electricity. This govt is showing lot of promise.