BR100 Increased By (0.11%)
BR30 Decreased By (-0.26%)
KSE100 Increased By (0.12%)
KSE30 Increased By (0.09%)
AGHA 7.79 Increased By ▲ 0.04 (0.52%)
BECO 5.23 Increased By ▲ 0.04 (0.77%)
BML 57.26 Decreased By ▼ -1.40 (-2.39%)
BOP 34.10 Increased By ▲ 0.41 (1.22%)
CNERGY 9.92 Decreased By ▼ -0.69 (-6.5%)
CSIL 5.35 Increased By ▲ 0.05 (0.94%)
FCCL 54.61 Increased By ▲ 0.87 (1.62%)
FFL 16.70 Increased By ▲ 0.24 (1.46%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.42 Increased By ▲ 0.14 (1.92%)
KOSM 5.75 Increased By ▲ 0.11 (1.95%)
LOTCHEM 29.35 Decreased By ▼ -0.30 (-1.01%)
MLCF 94.35 Decreased By ▼ -2.01 (-2.09%)
NBP 202.70 Decreased By ▼ -0.83 (-0.41%)
NCPL 57.00 Increased By ▲ 0.15 (0.26%)
NPL 67.78 Increased By ▲ 0.47 (0.7%)
OGDC 316.40 Decreased By ▼ -1.82 (-0.57%)
PACE 10.64 Increased By ▲ 0.01 (0.09%)
PAEL 43.15 Increased By ▲ 1.38 (3.3%)
PIBTL 16.72 Decreased By ▼ -0.09 (-0.54%)
PPL 220.50 Increased By ▲ 0.33 (0.15%)
PRL 49.05 No Change ▼ 0.00 (0%)
PTC 70.98 Increased By ▲ 0.97 (1.39%)
SSGC 28.17 Decreased By ▼ -0.97 (-3.33%)
TBL 9.90 Increased By ▲ 0.13 (1.33%)
TELE 8.80 Decreased By ▼ -0.02 (-0.23%)
TPL 18.14 Increased By ▲ 0.97 (5.65%)
TPLP 13.40 Increased By ▲ 0.89 (7.11%)
TREET 22.75 Increased By ▲ 0.16 (0.71%)
TRG 60.30 Increased By ▲ 0.08 (0.13%)

KARACHI: In a significant development for the megacity’s power infrastructure, K-Electric Limited (KE) has announced its decision to decommission the SITE Gas Turbine Power Station (SGTPS) and Korangi Town Gas Turbine Power Station (KTGTPS).

This decision was made during the meeting of the KE Board of Directors held on Tuesday. The company will now seek approval for this action from the National Electric Power Regulatory Authority (Nepra) by filing a Licensee Proposed Modification to its Generation License.

The SGTPS and KTGTPS were integrated into KE’s generation portfolio in 2009 under an agreement with the Government of Pakistan (GoP). These power plants consist of 32 gas engines, each with a gross capacity of 3.041 MW. A 10 MW Steam Turbine was also added to each plant in 2016 to improve efficiency.

KE removes over 1,300 Kundas

According to the company, the decommissioning will not negatively impact KE’s ability to meet consumer demand. The company in its letter to Pakistan Stock Exchange has claimed that it has already implemented measures to ensure a sufficient power supply for its customers.

According to the letter, the decision to retire the plants stems from challenges related to gas supply which was committed by the government. While the plants initially received sufficient local gas, dwindling reserves led to a shift to RLNG (Re-gasified Liquefied Natural Gas) in 2018, following directives from the Cabinet Committee on Energy. However, even with the shift to RLNG, obtaining an adequate supply at the required pressure has remained a challenge in recent years. To address the growing power demand in the megacity, KE said it has added a new 900 MW BQPS III power plant and increased its interconnection capacity with the National Grid to over 2,000 MW. This enhanced capacity allows for a greater off-take of power from the National Grid. The disclosure was made in compliance with Section 96 and Section 131 of the Securities Act, 2015, and Clause 5.6.1(a) of the Rule Book of the Pakistan Stock Exchange Limited.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.