The meeting of Executive Committee of the National Economic Council (ECNEC) chaired by Adviser to the Prime Minister on Finance, Dr Abdul Hafeez Shaikh has approved multiple projects related to increased power generation and evacuation to required areas.
Tarbela 4th Extension Hydropower project Revised PC-I at the total cost of Rs 122.9 billion has been approved by the ECNEC. The project is located at Swabi and Haripur districts of Khyber Pakhtunkhwa. According to the proposal World Bank IBRD/IDA shall be providing 90 percent of the financing of the project (US$692 million) and 10 percent of the financing shall be done by Wapda’s own resources.The objective is the expansion of the present capacity of Tarbela Dam Hydro Power Project from 3478 MW to 4888 MW by installation of three units of 470 MW on the existing irrigation tunnel 4.
The Renewable Energy Development Sector Investment Program also got approval by ECNEC which will include construction of hydel projects, ie, Marala (7.64 MW), Chianwali (5.38 MW), Deg-Outfall (4.04 MW) and Pakpattan (2.82 MW) at Canal Falls of Punjab. The project will cost Rs12.8 billion with Rs 8.84 billion as FEC.
Evacuation of Power from Wind power projects at Jhimpir and Gharo Wind Clusters” Revised PC-I at the total cost of Rs13.40 billion was also approved by ECNEC. National Transmission & Despatch Company (NTDC) will be the executing agency for the 33 months long project. The main objective is evacuation of 1256 MW power from the Wind Power Plants (WPPs)installed at Jhimpir and Gharo .The project shall be financed by KfW (27 million Euros) and NTDC’s own resources.