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: The World Bank (WB) has rated the implementation progress of the “National Transmission Modernization-1 Project (NTMP-I)”, of around $400 million as moderately satisfactory.

The project was approved in December 2017 with the development objective of to increase the capacity and reliability of selected segments of the national transmission system in Pakistan and modernise key business processes of the National Transmission and Dispatch Company. The closing date of the project is 31st January 2024.

The components of the project include expansion and upgradation of the transmission network ($344.56 million), deployment of the enterprise resource planning system ($29.46 million) and project management, technical assistance and capacity building ($20 million).

Official documents revealed that the project became effective on December 11, 2018. Procurement of the design, supply and installation for the infrastructure component has been ongoing. Sixteen procurement packages out of 17 have been completed, out of which 13 have been awarded by National Transmission and Dispatch Company (NTDC).

Three completed AIS to GIS procurement packages have been cancelled due to high bidding cost and the largest and last of the package, Islamabad West 765kV grid substation is currently under technical evaluation review. Eleven transformers have been installed in the NTDC network out of 43.

Under the procurement of Enterprise Resource Planning implementation, 10 contracts have been signed under the ERP out of 11, with the last one currently under bidding because the earlier bidding process was cancelled due to low bid response.

The power system consultancy contract on the NTDC grid has been awarded and the review of NTDC’s Grid code has been completed and approved by the NEPRA, the documents noted.

Copyright Business Recorder, 2023

Comments

Comments are closed.