Our previous article covered the list of projects which will become operational during the first phase which ends in December 2019.
Read More: All You Need to Know About Electricity Projects Under CPEC (Part I)
However, as we mentioned before, the bigger and more advanced projects are due for later and will be completed in the second phase which will complete within the next six years.
Lets take a look at some detailed information regarding each of the electricity projects which will go live after the first phase or are still under consideration.
This is one of the biggest hydel projects under the CPEC. It is being developed and sponsored by M/s Mott McDonald UK and M/s Coney Blair of France, Al Jomaih Holding company, (LLC) Riyadh, Saudi Arabia and Eden Inc. Berhad, Malaysia.
The project will also bring Rs. 2 billion in profits per annum to KPK. Additionally, the project will be handed over to the KPK government 30 years from now without any charges.
The supplementary agreement has been approved and the land acquisition process is underway.
The project will be handed over to the Pakistani government after 30 years of operation. The land acquisition process is still underway but it is expected to be resolved very soon.
The project will be developed and sponsored by Hub-Power Company, a joint venture of China Power Hub Generation Company (Pvt) Ltd (CPHGC) is a joint venture between Hub Power Holdings Limited (HPHL). The IPP will make use of imported coal when it becomes operational. The project is being supervised by the Ministry of Water and Private Power and Infrastructure Board (PPIB).
Currently 30 Chinese personnel are working at the project site.
The power plant will be using Supercritical technology.
The project will also bring Rs. 2.19 billion in profits per annum to AJK. Additionally, the project will be handed over to the AJK government 30 years from the date of launch without any charges.
The land acquisition process is underway.
The project will be developed and sponsored by the Chinese Shanghai Electric Power Generation, China Machinery Engineering Corporation and Nishat Power Company.
The IPP will make use of imported coal when it becomes operational. The project will be supervised by the Ministry of Water and Punjab Power Development Board (PPDB).
The power plant is said to use Supercritical technology when it starts working.
It is one of the few wind power projects being developed in Sindh. However, details are scarce regarding this project. If other projects are any indication, it won’t take long for this wind farm to go online.
The project will be executed under the supervision of Alternative Energy Development Board (AEDB).
Oracla Coalfields PLC UK is executing and financing this project. The independent power producer will make use of local coal from Thar Block-VI when it becomes operational. The Private Power and Infrastructure Board (PPIB) is supervising the project.
SSRL Thar Plant will use subcritical technology so unit prices will be slightly higher.
Associated with this plant is the $1.3 billion Thar Block-VI mining pit which will eventually fuel the plant. It will produce 4.0 metric ton of coal per annum initially, which will later increase to 8.0 metric tons per annum as per its growing requirements.
The project was to be financed under CPEC but has been delayed due to concerns over pollution.
The IPP will make use of imported coal when it becomes operational. The project will be supervised by the Ministry of Water and Punjab Power Development Board (PPDB).
The power plant is said to use Subcritical technology when it starts working.
The project is still being planned and a summary for an oil/LNG based power plant is under process. If and when operational, the power plant will make use of imported fuel only. The project will be supervised by the Gwadar Development Authority (GDA)
Note:
Once finished, Pakistan could be looking at an increased power generation capacity of close to 15,000 MW by 2023.
This concludes our coverage of electricity projects which were launched under CPEC and aim to resolve our loadshedding problems for good in the coming years. Let’s hope everything goes well and the electricity issue becomes a distant memory for all Pakistanis.