China - Pakistan Economic Corridor - CPEC
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Brigadier
1410 MW Tarbela 4th Extension HydroPower Project.
The construction work on 1410 MW Tarbela 4th extension hydropower project is in full swing at Tarbela dam. The first unit of 470 MW of 4th Extension Power Project of Tarbela was inaugurated on 10th March 2018.
The project is being constructed on tunnel No 4 of Tarbela Dam with three proposed units with an installed capacity of 470 MW each. The second unit of the project is scheduled to be commissioned in May 2018 and the third unit by the end of June 2018.
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Brigadier
969 MW Neelum Jhelum Hydropower Project's 1st Unit To Be Inaugurated On April 13 by Prime Minister.The first unit would supply around 242 MW electricity to the national grid system.
The head race tunnel is a component of 52 kilometer long water way system of the project.
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Brigadier
Pakistan set for Rs7.5bln investment in oil storage infrastructure in 3 years.
Pakistan is expecting at least seven billion rupees in investment from new oil marketing companies in building of storage infrastructure within the next three years, officials said, as growing demand of retail fuels is attracting investors to capitalise on the country’s low oil inventory capacity.
Officials at the ministry of energy told The News that Oil and Gas Regulatory Authority (Ogra) granted provisional or construction licences to 15 new companies, which are mostly local, to build storage infrastructure across the country. They are registered with the Securities and Exchange Commission of Pakistan.
“In line with the government policy, every new company has to invest not less than Rs500 million on infrastructure development in three years from the issuance of provisional license,” a ministry’s official said, requesting anonymity. “Accordingly, the applicants are in the process of completing the pre-requisites for considering their requests for licence. All such cases shall be processed once they complete the requirements as per applicable law/rules.”
Officials stressed the need of improvement in oil storage capacity across the country with each new oil marketing company required to develop oil depots and installations location wise to cater 20 days requirement.
“Development of further storage infrastructure is very vital strategically, and plays fundamental role in supply chain as Pakistan is net oil importing country,” an official of the energy ministry said.
Currently, there are more than 7,000 retail outlets of OMCs operational in the country, according to the annual report 2016/17 of Ogra. There are around 10 OMCs with major ones including state-owned Pakistan State Oil, Attock Petroleum, Shell, Hascol, Parco and Byco.
Umair Naseer, deputy head research at Topline Securities said there is need of further investment in OMCs sector as demand of retail fuels is increasing, while inventory holding capacity stands at less than a month.
Sales of motor gasoline rose 13 percent year on year to 4.91 million tons in the first eight months of the current fiscal year of 2017/18, while diesel sale increased nine percent to 6.04 million tons during the period.
“Actually, an inventory capacity for motor gasoline is for 15 days and since the demand is growing there is need for further investment in storage,” Naseer said. The ministry’s official said government is encouraging the new firms to give priority to rural areas while developing infrastructure. “As per government policy, the licencees are required to focus in far flung areas.”
Naseer of Topline Securities said China-Pakistan Economic Corridor’s (CPEC) route would be attractive for new oil companies to establish outlets.
“Gwadar and other areas with CPEC focus will see a growing vehicular traffic,” he added. “I think it may otherwise be difficult to convince private companies to build network in far flung areas that lack road and other infrastructure.”
A government document said oil marketing companies are expected to start construction of oil depots at Gujrat, Okara, Hub, Gatti, Vehari and Benazirabad, while some of them are nearing completion at Keamari, Amangarh (Nowshera), Thalian, Kotla Jam (Bhakkar), Machike, Sahiwal, Habibabad and Quetta.
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Brigadier
Memorandum of understanding has been signed between Pakistan's Inter State Gas System and Power China to lay the gas line from north to south.This gas pipeline will ensure the safe and continuous supply of gas on the cheapest rates in the growing demand for electricity production and industrial use areas.
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Brigadier
Dasu Hydropower Project (DHPP) 4320MW electricity would be produced from this mega project which would be completed in two phases in five years.
The project would help address problem of load shedding and will provide inexpensive electricity to consumers after completion, he said while talking to media here today. He further said that that DHPP would be completed in two phases and civil work on first phase has been commenced from June 2017.
In the first phase six power generation units would be installed with the capacity of 2160 MW (12 billion units per annum), Akhtar maintained. Giving the details of civil work and installation of the machinery, the PD said in the first phase dam and spill ways would be constructed while only machinery would be installed in second phase.
The project was commenced in June 2017 and the whole project would be culminated by June, 2023 in five years PD said, he said.
Replying to a question Javed Akhtar stated that every hydel project recovers its cost from the production within five to seven years, cost of the Dasu Hydro Power Project Phase I according to PC-I was 400081 million rupees while the PC I for second phase is yet to plan.
PD Dasu hydro power project said it is a run up river project where the lake of the dam only stores water for energy production and then releases it in the river, the Dasu dam reservoir would not be used for irrigation.
Talking about the other benefits of Dasu power project Javed Akhtar said that it would also increase the life of Tarbaila dam up to 40 years as it would stop the mud and sand which usually flows with the river Indus and decreases the height of the Tarbaila dam after deposit in the lake.
The dam would also regulate the Indus river water which would improve the power generation capacity of the Tarbaila dam, he disclosed. Project Director said existing shortfall of the electricity in the country is between 5 to 7000 MW while after the completion of the Dasu dam it would provide huge support to lessen the deficit.
Replying to a question he said population alongside the Dasu dam and lake is very low as only 6000 families are residing those would not be displaced whereas according to Dasu re-settlement plan the affected families will be shifted from 1000 meter to 1300 meter high from sea level in the same areas, the new Karakorum Highway (KKH) would also be constructed at the altitude of 1000 meter above sea level.
PD disclosed that 62 kilometer KKH would also be damaged by the Dasu Dam reservoir which would be constructed at the left bank of the river and on right side no road is available so we have also started a 12 kilometer road and two other parts including 42 KM and then 27 KM would also be commenced step by step.
Javed Akhatar maintained that people of the Dasu have yielded many positive effects as the construction of Dasu Dam kicked off, natives of the area including their social uplifting the owners are earning handsome amount from their rented buildings those were hired by the contractors, Wapda and other officials and under construction road network.
The dam also provided vast employment opportunity to the locals and supported more than 862 people at various positions which would be also increase in thousands as the project expands in coming years, He said.
He maintained that backward flow of the lake would be 70 kilometers, the total area of the reservoir would be 24 square kilometer and the depth of the dam would be 230 meters. Talking about the partnership with world bank in the project he said that the ratio of WB share in the financing of overall project is 16.9 percent whereas Wapda has arranged the 144 billion rupees by the local banks consortium.
PD said that we have also got the loan of 350 million USD from Swiss credit agency and remaining 110 million would be availed soon against the WB partial guarantee of 460 Million USD. The two contract of civil work were awarded to a Chinese firm Chinese Gazoba Group of Companies (CGGC) for carrying out main civil works in the first stage of the Dasu hydro power project.
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Brigadier
China Southern Airlines has announced flights between , the capital of Northwest ’s Xinjiang Uyghur Autonomous Region and . Flights to begin on 21st June 2018.
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Brigadier
No one is above the law.....
Chinese engineers who recently got into a brawl with the Khanewal policemen were deported on Tuesday, Express News reported.
Following the presentation of a report by Multan Commissioner Bilal Ahmed, Interior Minister Ahsan Iqbal decided to have the engineers deported. They were sent to Lahore on special vehicles after which they were placed on China-bound aircraft.
The altercation transpired on April 4 in Kabirwala, Khanewal where the Chinese men were engaged in the M-4 Motorway project.
According to police, the men tried to leave their camp without security. For their safety, officials tried to stop them. A verbal spat then ensued, police said.
The Chinese engineers lashed out at security officers. Project engineer Danny flung a chair at the squad in-charge. At this point, another Chinese citizen scaled a police mobile. The Chinese nationals then cut power being supplied to the police camp.
Chinese are ‘guests’ working for development: Ahsan Iqbal
Police tried to control the situation by locking the men. Upon hearing about the altercation, the Kabirwala district authorities reached the spot and attempted to defuse the situation in vain.
