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Wednesday, November 13, 2024

Suki Kinari hydropower set to begin operating by 2022

According to the schedule, the Suki Kinari hydropower plant is expected to be completed by the end of next year. The completion of this hydropower plant would play an important role in promoting Pakistan’s industrial development and economic recovery.

The 884 MW Suki Kinari Hydropower Project, being constructed with the US $ 1.9 billion costs under China-Pakistan Economic Corridor (CPEC), would be operational by 2022.

According to the schedule, the Suki Kinari hydropower plant is expected to be completed by the end of next year, an official source told APP. The run-of-the-river project was being established alongside the Kunhar River in Khyber Pakhtunkhwa.

It was also one of Pakistan’s largest private sector power development projects and was being constructed as part of the China-Pakistan Economic Corridor’s `Early Harvest’ projects, he said.

The project was being developed on the Build-Own-Operate-Transfer (BOOT) model – which implied that the Chinese Company would operate it for 30 years after which the project would be transferred to the KP government.

Read more: Pak-Chinese companies form joint venture, boosts construction opportunities in Pakistan

Once completed, the project would add 884 megawatts to the national grid and all four units would become fully operational by 2022, he informed.

The completion of this hydropower plant would play an important role in promoting Pakistan’s industrial development and economic recovery.

 

The Decade of Dams

By calling this decade the “decade of dams,” the PTI government is according top priority to building more dams to not only improve the share of hydropower in the energy mix but also help secure more water for the agriculture sector.

According to the government, Pakistan’s potential for clean, affordable, reliable, and indigenous hydropower stood at 64,000 megawatts. At present, hydropower projects possessing the capacity of only 9,900MW were in operation, which was just 29% of the current energy mix.

Read more: China Three Gorges: World’s largest hydropower company is symbol of Pak-China friendship

Moreover, the government also approved the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-2030. Under the plan, the share of hydropower in the national energy mix would be increased from 29% to 43% (ie from 9,900MW to 23,000MW) till 2030 by involving both public and private sectors.

Courtesy: APP with additional input by GVS