The first ever High Voltage Direct Current (HVDC) transmission line in Pakistan has successfully reached financial close. This transmission line will be 878 kilometers long starting from Matiari and ending at Lahore. An agreement for HVDC Transmission Line Project has been signed between the two stakeholders. The documents were signed and exchanged by Shah Jahan Mirza, Managing Director, PPIB and Wang Bo, Chief Executive Officer of the company, with senior officers from PPIB and the Power Division present at the occasion. The Federal Minister Power Division, Omar Ayub Khan also attended the signing ceremony.
The capability of this transmission line will be 4000MW at ±660 kV voltage. The Project is designed to have bi-pole HVDC technology, having two converter stations, one each at the ends of Matiari (Interior Sindh) and Lahore, three repeater stations and two grounding electrode stations. It is scheduled to achieve Commercial Operations by March 2021. The project is being developed on Build-Own-Operate-Transfer (BOOT) basis, and will be transferred to NTDC after a term of 25 Years. The $ 1.658 Billion transmission facility will primarily be utilized to transmit power generated from indigenous Thar coal based power generation projects.
China Electric Power Equipment & Technology Co Ltd, (CET) which is subsidiary of State Grid of Corporation of China (SGCC) is the Main Sponsor of the Project, which is responsible for execution of the project through formation of a Special Purpose Company, i.e. Pak Matiari-Lahore Transmission Company (Pvt) Ltd (PMLTC)