Power Sector Projects
In the current fiscal year 2023-24, the government has disbursed Rs19.35 billion for various power sector projects within the National Transmission and Dispatch Company (NTDC) and Pakistan Electric Power Company (PEPCO). The allocation is part of the annual Public Sector Development Programme (PSDP), where a total of Rs55.29 billion is earmarked for NTDC/PEPCO initiatives in the fiscal year.
The breakdown of the released funds indicates a local component of Rs10.37 billion, complemented by a foreign aid component of Rs8.97 billion. Additionally, Rs2.25 billion has been expended on diverse water-related projects during this period.
The ongoing schemes benefiting from this allocation encompass significant projects, including the installation of a 2×600 MW coal-fired power project in GENCO-1 Jamshoro, interconnection of the isolated Makran Network, and the establishment of substations in Hairpur and Swabi.
Noteworthy allocations include Rs13.80 billion for the evacuation of power from Suki Kinari, Kohala, Mahal HPPs, Rs16.10 billion for the 500 kV HVDC Transmission System between Tajikistan and Pakistan (CASA-1000), and Rs5.67 billion for the evacuation of power from 2160 MW Dasu stage-1.
Under new schemes, allocations include Rs2.66 billion for land acquisition for a 1200 MW Solar Power Plant in Sher Garh (Layyah), Rs1.13 billion for land acquisition for a 600 MW Solar Power Plant in Tehsil Athara Hazari (Jhang), and Rs1.90 billion for 500 KV Islamabad West.
These allocations underscore the government’s commitment to the power sector’s development, encompassing a spectrum of projects aimed at enhancing capacity, improving efficiency, and incorporating renewable energy sources into the energy mix. As these initiatives progress, they contribute to the broader national goals of energy security and sustainable development.
