AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,566 Increased By 157.7 (2.13%)
BR30 24,786 Increased By 749.4 (3.12%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

ISLAMABAD: An official delegation led by Minister for Power Khurram Dastgir Khan will leave for Tehran on Friday (today) on a three-day visit (March 10,-12, 2023) to finalise deal for additional 100 MW of electricity for Makran Division, official sources told Business Recorder.

Sharing the details, sources said, to meet the increasing energy requirements of Makran Division, Pakistan and Iran have agreed for a new 30 km long Polan-Gwadar interconnection for import of 100 MW electricity.

The 220 kV Transmission Line has recently been completed and required to be energized. However, Iranian side has indicated that before energisation of line, power supply agreement needs to be signed. In this regard working level meetings have been held but no agreement could be reached because Iranian side is demanding a very high price which is not economically viable for Pakistan.

The sources said, since the agreement is required to be concluded urgently, Power Division proposed that a delegation led by the Federal Minister for Power Division, be allowed to visit Iran for 3 days in the first week of March, 2023 for discussions with Iranian side to finalize the pricing of the additional 100 MW electricity and other ancillary issues.

The proposed delegation shall comprise the following :- (i) Khurram Dastgir Khan, Federal Minister for Power Division;(ii) Shakeel Qadir Khan, Additional Secretary-1, Power Division;(ii) Rihan Akhtar, Chief Executive Officer, CPPA-G and Abdul Majid Khan, Chief Law Officer, CPPA-G.

The sources said, Pakistan had invited Iranian Minister for Energy for parleys on the agreements as Iran was pressing on revision in existing agreement for upward revision in tariff.

The project was suspended due to difficulties for quite some time and the two sides achieved success in June 2022 by agreeing to and signing amendments in the existing agreements to operationalise the first phase of project by construction of 29km transmission line till Jiwani which will help overcome electricity shortages in the area.

Copyright Business Recorder, 2023

Comments

Comments are closed.

Fateh Shah Arif Mar 10, 2023 01:46pm
It is very good initiative where the 60% areas of Balochistan didn't have connection with national grade system, however for future intervention it is necessary to provide electricity to entire Mukran Zone through establishing a new power house on coal, it will two shortcut advantages along with series, dependency on its own resources on very cheaper rate, as Pakistan is among largest potential reserve holders of Coal in region, the most appropriate permanent solution, secondly it will provide more job opportunities to local people working in mining sector in Pakistan with opening of new market for local masses. Along with these its advantages are uncountable for mainstreaming the trouble shouting issues of Province. Only required to declare mining as formal industry by federal government which case is still in pending since long.
thumb_up Recommended (0)
Fateh Shah Arif Mar 10, 2023 01:57pm
Productive news, it was very necessary to connect the
thumb_up Recommended (0)