Pakistan unveils mega plan of 120 power projects worth 74,448 MW of energy: Report
ISLAMABAD - Pakistan unveils mega plan of 120 power projects worth 74,448 MW of energy, Media Report has revealed.
Pakistan government has unveiled a comprehensive plan to develop 120 new power projects in a bid to add 74,448 megawatts of production capacity to the system till 2040, mostly from hydel, domestic coal and renewable sources including wind and solar.
“In the year 2040, the nominal production capacity in the system will stand at 98,091MW against projected peak load (demand) of 80,425MW,” the National Transmission and Despatch Company (NTDC) said in a study titled “Indicative Generation Capacity Expansion Plan 2018-40”, Express Tribune has reported.
In 2018, the nominal capacity and demand matched quite closely as the nominal capacity from all generation sources hovered around 27,715MW whereas the demand was close to 26,700MW.
In 2019, the gap between nominal capacity and demand is steadily widening and has started surpassing the peak load in the system. It can be observed that a significant surplus of around 17,600MW remains between the projected demand and installed capacity, according to the study.
Sufficient generation has been planned to be added by 2040 to satisfy the 1% LOLP (loss of load probability) criteria and add sufficient reserves to the system.
The cumulative nominal capacity will be approximately 62,979MW whereas the peak load is projected at 50,306MW in the year 2032, thus a wide gap of around 13,000MW between the two parameters and the capacity will be in surplus compared to demand, according to the study.
The National Electric Power Regulatory Authority (Nepra) has uploaded the comprehensive study on its website to invite the stakeholders and public feedback, incorporate their concerns, if any, and give final shape to the document.