Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Pakistan all set for import of electricity from India  Join our daily free Newsletter

MENAFN - Khaleej Times - 21/03/2014
No. of Ratings : 0
Add to Mixx!



(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 --


 


Khaleej Times




  MENA News Headlines
 Oct 23 2014 - Kuwait: 13 sentenced over speechArab Times
(MENAFN - Arab Times) KUWAIT CITY Oct 22 (Agencies): A Kuwaiti defense lawyer says a court in the Gulf nation has convicted and sentenced 13 people to two years in prison each for reading aloud a ...

 Oct 23 2014 - Kuwait- Trade cheats face lawArab Times
(MENAFN - Arab Times) KUWAIT CITY Oct 22 (KUNA): The Ministry of Commerce and Industry is taking it upon itself to strike with a firm hand any businesses that practice commercial fraud against ...

 Oct 23 2014 - Kuwait- Crown Prince chairs National Security Council sees dangerArab Times
(MENAFN - Arab Times) KUWAIT CITY Oct 21 (KUNA): His Highness the Crown Prince Sheikh Nawaf Al-Ahmad Al- Jaber Al-Sabah on Tuesday chaired the first meeting of the National Security Council with its ...

 Oct 23 2014 - Dar Al-Arkan to invest USD267m on projects in 2015MENAFN
(MENAFN) Dar Al-Arkan Real Estate Development Co., Saudi Arabia's largest developer, announced it is planning to spend over USD267 million on projects next year as part of its plan to achieve a 10 ...

 Oct 23 2014 - UAE's Mazaya net profit hits USD in 9MMENAFN
(MENAFN) Al Mazaya Holding Company announced that it recorded a net profit of USD20 million in the January-September period of this year, compared to USD 2.920 million recorded during the ...

 Oct 23 2014 - Saudi Arabia's ACWA to focus on renewable energy projectsMENAFN
(MENAFN) ACWA Power, the Saudi Arabia-based power and water project developer, announced it is planning to secure financing for USD15 billion worth of projects, nearly half of which are in renewable ...

 Oct 23 2014 - UAE's Masdar to build USD125m wind farm in OmanMENAFN
(MENAFN) Masdar, the Abu Dhabi energy company, announced it is planning to build a 50-megawatt wind farm in Oman, which will help the sultanate with providing 16.000 homes with clean energy, Arab ...

 Oct 23 2014 - UAE's Deyaar net profit hits USD52.54m in 9MMENAFN
(MENAFN) Deyaar Development announced it registered a net profit of USD52.54 million during the January-September period, compared to USD23.72 million registered during the corresponding period last ...

 Oct 23 2014 - Saudi Aramco, Chinese Sepco sign a dealMENAFN
(MENAFN) Saudi Aramco announced it has signed a contract with China's Shandong Electric Power Construction Corporation (Sepco) for a project involving the expanding of the capacity of the main gas ...

 Oct 23 2014 - Qatar Airways to launch new service to BangkokMENAFN
(MENAFN) Qatar Airways announced it will be launching a new service on its new A380 aircraft to Bangkok starting next January following its successful launch of the service to London's Heathrow ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help