ISLAMABAD: The Central Asia South Asia (CASA)-1000 power transmission and trade project is likely to get completed by June 2015 at a cost of $997 million. The project would enable the Kyrgyz Republic and Tajikistan to sell their summer electricity surplus from existing plants in Central Asia-Kyrgyz Republic and Tajikistan and provide electricity to consumers in Pakistan and Afghanistan. Initially, 1300MW electricity would be imported with Pakistan getting 1,000MW and Afghanistan receiving the remaining 300MW. Afghanistan had earlier asked for 2.5cents per KW but the price was brought down to 1.25 cents per KW. Pakistan and Afghanistan have also signed an agreement on electricity transit fees, a major step towards energy trading between Central and South Asia.
Published in The Express Tribune, October 16th, 2014.