For the Evacuation of Power from 660 MW Lucky Electric Coal Fired Plant at Port Qasim project, the Government will arrange Rs 750 million foreign financing. This project has been approved at the cost of Rs 1.315 billion. The official documents of the project have indicated that an amount of Rs. 454 million would be financed through domestic resources. The National Transmission & Despatch Company (NTDC) will finance the local component of the project through its own resources. The core objective of this project is the interconnection of 660 MW Lucky Electric Coal Fired Power Plant near Power Qasim with the National Grid System for transfer of power to upcountry load centres by construction of 500 kV double circuit transmission line. As the transmission system of the country is overloaded and is not able to cope up with the increasing power demand, in near future thousands of megawatts addition in the system would result in frequent tripping and heavy breakdowns. Thus, as a part of the sector strategy, the government wants to provide reliable, uninterrupted power to its consumers. Considering the present overloaded system and increasing availability of additional power generation capacity in near future coupled with hefty power demand, this strategy has been adopted to strengthen and enhance the capacity of transmission system. This project will lead to improve voltage profile, system reliability of network and dispersal of power coming from the project.
