Engineering Post Report
Private Power and Infrastructure Board (PPIB) acts as a one-window facilitator/ one-stop organization on behalf of the Government of Pakistan to promote , encourage, facilitate and safeguard private investment in the power sector.
PPIB was able to attract leading national as well as international investors and lenders to invest in the country’s power sector and has successfully managed to induct as many as 40 independent power projects (IPPs) totaling 17550 MW with cumulative investment outlay of around $ 20 billion.
During 2017-20, nine IPPs of more than 8500 MW have already been commissioned out of the target of 16600 MW by 2022.
Overall, eleven IPPs of 9000 MW have been commissioned through PPIB since 2013 till-date of which around 7000 MW have been added during 2018-19. Additionally, Matiari-Lahore Transmission Line Project is also being processed by PPIB which is set to come online by March 2021.
Inaddition to commissioned IPPs, PPIB is also handling a diversified portfolio of twenty-six (26) hydro, coal and R-LNG based power generation projects of more than 12500 MW and an HVDC Transmission Line Project covering the distance of around 900 kilometers between Matiari (Sindh) and Lahore (Punjab).
PPIB as the frontline institution of the Federal Government in implementing majority chunk of energy portfolio under the flagship China-Pakistan Economic Corridor (CPEC) programme has so far delivered magnificent results.
The portfolio of CPEC based projects comprises of three hydropower projects of 2714 MW, nine coal based projects of 8220 MW out of which four coal based of 4620 MW have sine been commissioned including Pakistan’s first Thar coal based 660 MW Engro Power generation project. Similarly, another three Thar coal based projects of 1980 MW and two hydro-power projects of 1590 MW are at advance stages of development and lined up to be completed during 2020-2022.
From the overall portfolio of 12 power generation projects of 10934 MW under CPEC, so far, four projects of 4620 MW have already been commissioned as mentioned above which signifies that 42 per cent of the CPEC energy programme has successfully been implemented by PPIB.