ppib handling 7 projects of 5600 mw to encourage indigenous energy
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

PPIB handling 7 projects of 5600 MW to encourage indigenous energy

Arab Today, arab today

Arab Today, arab today PPIB handling 7 projects of 5600 MW to encourage indigenous energy

PPIB handling 7 projects of 5600 MW to encourage indigenous energy.
Islamabad - Arab Today

Private Power Infrastructure Board (PPIB) is handling seven projects with accumulative capacity of 5,600 MW to encourage indigenous and sustainable energy.
The 114th meeting of the Board of PPIB was held here Wednesday under the Chairmanship of Federal Minister for Power Sardar Awais Ahmed Khan Leghari, a press release said.
This was the fourth meeting in last three months.
The minister while appreciating the board members for their active participation in the meetings said investors in the power sector are feeling the friendly environment as their cases are being fast tracked due to frequent meetings.
Managing Director of PPIB, Shah Jahan Mirza briefed the board on various agendas of today’s meeting and activities being undertaken by PPIB for timely implementation of power generation projects under its portfolio.
The board authorized PPIB to acknowledge the ECC approved Interim Agreement for supply of R-LNG to four indigenous gas based IPPs namely Halmore, Saif, Orient and Sapphire. Due to non-availability of gas these projects are operating on costly high speed diesel.
The replacement of R-LNG with HSD will cut the fuel price to almost half, thus reducing the tariff considerably.
The managing director of NTDC made a presentation on the analysis of Matiari-Lahore HVDC transmission line, the flow of power from Independent Power Producers (IPPs) based on Thar Coal from south to north, and the financial impact thereof.
The minister advised PPIB, NTDC and Central Power Purchase Agency (CPPA-G) to sit down together and make a thorough analysis based on the actual Commercial Operation dates of the Thar Coal based IPPs so that any financial exposure to the government can be avoided.
The board also granted approval to go-ahead with the procedure of executing Coordination and Indemnity Agreement between the centre and the federating unit Sindh.
Under the said procedure, working draft of the Agreement will be circulated to the government of Sindh through Ministry of Energy (Power Division) and after it is finalized between the parties, shall also be finally vetted by Ministry of Law and Justice before execution.
This is required for the projects based in Sindh, where the Sindh government signs Land Lease Agreement (LLA) and Water Use Agreement (WUA) with the IPPs. The federal government is covering default under these Agreements in the Implementation Agreement.
The chairman advised to conclude the agreement within one month
The minister said current government has been instrumental in realising the electricity potential as we believe that electricity plays vital role in improving socio-economic growth of the country. “We are committed to providing affordable electricity in most efficient manner to every single consumer for which we have taken concrete steps and will continue the spirit for future as well,” he said.
On the proposal of the federal minister for power division, the PPIB board decided to hold its next meeting at Thar, Sindh in the second week of February 2018 in order to review the indigenous coal assets of Pakistan.
The board members will also take stock of the projects already under different phases at Thar. It will also provide first-hand knowledge and facilitate the right decisions relating to the Thar Coal Projects.

Source: APP

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ppib handling 7 projects of 5600 mw to encourage indigenous energy ppib handling 7 projects of 5600 mw to encourage indigenous energy

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

ppib handling 7 projects of 5600 mw to encourage indigenous energy ppib handling 7 projects of 5600 mw to encourage indigenous energy

 



GMT 10:14 2017 Wednesday ,27 December

Developing Lake Toba tourism through geopark concept

GMT 23:46 2017 Thursday ,12 October

Khattab gets 13 votes in 3rd round of UNESCO election

GMT 07:14 2017 Tuesday ,03 January

Gambia Authorities Shut Teranga FM Radio Station

GMT 23:17 2017 Wednesday ,26 July

Indonesian govt not caught off guard

GMT 12:36 2018 Tuesday ,16 January

The Stylist announces team updates

GMT 05:27 2016 Thursday ,01 September

President of Palestine Meets Chinese Official

GMT 09:06 2017 Thursday ,27 April

German consumers spring into May with confidence

GMT 12:06 2017 Saturday ,04 March

Goggia wins Olympic ski test event in Korea

GMT 07:00 2017 Friday ,12 May

Buffett blasts GOP Obamacare reform effort

GMT 02:12 2017 Monday ,16 October

February20th-March20th

GMT 06:50 2016 Sunday ,02 October

Top-level meetings reflect strategic partnership

GMT 03:19 2017 Monday ,20 February

South Korea’s energy crisis

GMT 17:03 2017 Friday ,13 October

Austria to sue over Hungary nuclear plant expansion

GMT 07:56 2010 Wednesday ,15 September

Greek PM rules out new austerity measures

GMT 22:35 2017 Saturday ,25 February

Combative Trump promises Americans safety and strength

GMT 13:11 2017 Sunday ,26 February

HH the Emir Meets Chairman of BNP Paribas Bank
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday