(MENAFN-Khaleej Times) pakistan has begun preparations for import of electricity from india for which the world bank has offered to finance the feasibility study and transmission line
A draft of the initial trade deal has been sent to the indian government for import of 1200mw of power according to newspaper report.
The express tribune quoting official sources said that a pre-feasibility study was completed to identify the routes for electricity import.
“now the world bank has also offered to finance a feasibility study along with the (installation of) transmission line to import 1200mw power from india” a senior government official said adding that a draft of memorandum of understanding (mou) was handed over to indian authorities in a recent meeting held in new delhi.
He said india would respond to pakistan after going through the draft of initial deal. pakistan would import 500mw of power initially to be enhanced to 1200mw at a later stage. the plan could be implemented within a year by laying a transmission line he added.
Pakistan is currently importing 35mw of electricity from iran to meet requirements of gwadar while work on increasing it by 100mw is in progress. the two sides signed an agreement on the project in 2007.
Pakistan also has another project in the pipeline for import of 1000mw of electricity from tajikistan under casa-1000 programme. feasibility report of the project has been finalised and work is expected to be completed by 2016.
The country’s power production ranges between 10000mw and 16000mw against total installed capacity of 21000mw. globally most countries generate 80 per cent of their power requirements from their installed infrastructure but pakistan’s generation capacity only meets 65 per cent of the needs due to old plants poor maintenance and circular debt.
— news?khaleejtimes.com
for more news from khaleej times follow us on facebook at facebook.com/khaleejtimes and on twitter at ?khaleejtimes
follow ?khaleejtimes --
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.