Plans for additional 16,000MW by 2015
By Khaleeq Kiani
ISLAMABAD, Aug 3: Pakistan plans to acquire an additional power generation** capacity of 16,000MW by 2015** and needs $30 billion investment to meet the target.
Talking to journalists here on Sunday after the inauguration of the Inter-governmental Conference on Central Asia-South Asia Regional Electricity Market, Water and Power Minister Raja Pervez Ashraf said the government would invest $10 billion for the additional capacity and generate another $20 billion through private sector by providing an enabling environment.
He said that loadshedding would come to an end by end of next year.
{ehtasab: really? :eek:, even though the frequency and duration of load-shedding is only going up}
He said the government organised recently a roundtable conference of international investors in Washington that was attended by 30 leading global players of coal-based power generating companies.
{ehtasab: :smack: coal-based!?!? we have no pollution problem, sure!}
The government would soon hold international competitive bidding to set up coal-fired power plants in the country, he said.
Responding to a question, he rejected reports that the World Bank had declined to finance Bhasha dam and said the work on the project would be taken up next year.
** The minister said the planned import of 1,000MW electricity from Tajikistan and Kyrgyzstan **under the Central Asia-South Asia (CASA 1000) project would promote regional energy trade and lead to greater regional cooperation in economic and energy fields.
Responding to a question about security situation in Afghanistan and its impact on the electricity import from Central Asia, the minister said the project was in the economic interest of the neighbouring country and hence its people would ensure its completion.
Plans for additional 16,000MW by 2015 -DAWN - National; August 04, 2008
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Importing 1000MW from C-Asia, how much demand will this 1000MW meet? By what time would this 1000MW come to country? By that time what would be the total need of the country?