The Private Power and Infrastructure Board (PPIB) has given the go-ahead for the processing of various coal-based power projects, which have a combined generation capacity of 4,250MW.
The projects include HUBCO (660MW), Global Benefit Malaysia (660MW), Giga Energy (420MW), Yunus Brothers/Lucky Cement (660MW), Asiapak Hong Kong (2x660MW), Siddiqsons Group (330MW) and Asia Petroleum (200MW).
The power plants are proposed at various locations that includes Hub, Port Qasim, Karachi coastal area, Faisalabad, Gharo and Jamshoro.
Additionally, Sino Sindh Resources has China Power International as its partner, and Thar Power Company, which is a joint venture of Engro Energy and Government of Sindh, also expressed interest in the development of two 600MW and two 330MW power plants respectively at Thar.
Federal Minister for Water & Power Khawaja Muhammad Asif said the government is committed to provide the nation with uninterruptible cheap power and is working on all avenues to achieve its objective.
The government is seeking private sector for construction of transmission lines, aimed to evacuate power from the upcoming IPPs, while the policy in this regard is likely to be announced shortly, Asif said.
Meanwhile, PPIB is monitoring early implementation of the hydropower projects which are included in the China Pakistan Energy Corridor's "early harvest projects" priority list.
The projects include 870MW Sukki Kinari hydropower project, 720MW Karot hydropower project and 1,100MW Kohala hydropower project.
Keeping in view the importance being accorded to projects based on indigenous resources, the Letter of Support was extended today for the 100MW Gulpur Hydropower Project located at Poonch River near Kotli, Azad Kashmir.
Image: Minister for Water and Power Khawaja Asif chairing the 96th meeting of the board of directors of PPIB is Islamabad. Photo: courtesy of PRIVATE POWER & INFRASTRUCTURE BOARD.