Engineering Post Report
Re-gasified Liquefied Natural Gas (RLNG) based Punjab Thermal Power (Pvt) Limited is located near Trimmu Barrage in district Jhang. It is the largest RLNG-based power generation facility of 1363 MW which is being developed by the Punjab Government at the cost of US $ 708 million, arranged from its own resources, and the project is in the commissioning phase.
The project features cutting-edge machinery with above 60 percent efficiency. The project is crucial for the system stability, especially in the Faisalabad Electric Supply Company (FESCO) area, and on completion and becoming operational will solve technical concerns such as transmission constraints, overloading at Gatti, and load management especially in the summer.
The US $ 1707.7 million 884 MW Suki Kiniari Project on river Kunhar in Mansehra is being developed under CPEC framework with a debt-to-equity ratio of 75:25.
The 7.08 MW Riali-II Hydropower project is a run -of- river project on Ghori Nulah, a right bank tributary of Neelum River in the district Muzaffarabad. It will contribute 38 million units annually with a US $ 20 million investment and approximately more than 75 percent of civil work has already been completed.
700 MW Azad Pattan hydropower project is also a run-of-river project on river Jhelum at the border of Azad Kashmir (district Bagh) and Punjab (district Rawalpindi). It is being implemented by the Private Power Infrastructure Board (PPIB) with an investment of US $ 1350 million in the CPEC framework.
All these projects are scheduled to be completed by December 2024.
Another energy project under CPEC is the Kohala Hydropower project.
It is the country’s largest private investment in an IPP. The project is to be developed on river Jhelum which flows into Azad Jammu and Kashmir (AJK) in the northeast. However, an early Sinosure/ land acquisition resolution is needed to reach a financial close by September 2024.