The Federal Cabinet has approved the next power generation plan with an effective operational capacity of 23,964 megawatts (MW). Out of the total capacity, 5,696 MW will be produced through regasified liquified natural gas (RLNG), 4674 MW through hydroelectric power plants and 4,639 MW through coal.
Ministry of Energy has suggested that local sources should be used instead of imported fuel to generate electricity. Punjab thermal project has been delayed for 26 months and Nova Base Shanghai Electric Power for 20 months. 60 percent of Pakistan’s import bill is spent on electricity from abroad.
The government seems hopeful for a reduction in load shedding by the end of the week following the addition of 2,000 megawatts in the system. Hydel power from Tarbela dam is likely to enhance as water inflow was increasing and stated that the government was cognisant of the suffering of the people.
Pakistan’s cabinet has approved a detailed plan for handing over power distribution companies to the provinces as they have a better distribution strategy and enforcement capability, PM Shehbaz Sharif has said in a meeting of his Punjab government’s energy and renewable energy committee on Thursday.
The prime minister has directed the energy minister to visit the two best-performing distribution companies and the two worst-performing. A detailed report will be submitted to the Cabinet on the performance gap between the two companies, PM Nawaz Sharif said in a meeting on Monday.
The meeting was told that in June 2022, the demand for electricity touched 30,000 MW. Punjab Thermal 1263 was completed in July 2022 after a delay of 26 months. Thal Nova is a 330 MW project that was supposed to be completed in March 2021.
The prime minister directed the Federal Adviser on National Food Security to work out a plan for the conversion of tube-wells to solar energy as soon as possible. The federal cabinet appointed Crowe Hussain and Co for the Securities and Exchange Commission of Pakistan (SECP) for financial year 2021-2022.
The Federal Cabinet ratified the decisions of the Cabinet Committee on Legislative Cases (CCLC) 29 June 2022 and considered the decisions on Privatization 24 June 2022. While citing to the earlier decisions, regarding the energy mix of Indicative Generation Capacity Expansion Plan 2021-30, the prime minister directed that no power plant running on imported fuel would be installed.