BR100 Decreased By (-0.07%)
BR30 Decreased By (-0.18%)
KSE100 Increased By (0.05%)
KSE30 Increased By (0.06%)
AGHA 6.65 Decreased By ▼ -0.02 (-0.3%)
BECO 4.38 Increased By ▲ 0.03 (0.69%)
BML 56.70 Increased By ▲ 0.53 (0.94%)
BOP 30.07 Decreased By ▼ -0.05 (-0.17%)
CNERGY 12.90 Decreased By ▼ -0.08 (-0.62%)
CSIL 5.38 Increased By ▲ 0.07 (1.32%)
FCCL 51.70 Increased By ▲ 0.05 (0.1%)
FFL 14.50 Increased By ▲ 0.01 (0.07%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 6.02 Decreased By ▼ -0.04 (-0.66%)
KOSM 5.86 Increased By ▲ 0.02 (0.34%)
LOTCHEM 26.60 Increased By ▲ 0.43 (1.64%)
MLCF 90.75 Decreased By ▼ -0.48 (-0.53%)
NBP 164.00 Decreased By ▼ -0.19 (-0.12%)
NCPL 53.00 Decreased By ▼ -0.18 (-0.34%)
NPL 58.48 Decreased By ▼ -0.64 (-1.08%)
OGDC 313.70 Increased By ▲ 0.31 (0.1%)
PACE 9.77 No Change ▼ 0.00 (0%)
PAEL 35.16 Decreased By ▼ -0.08 (-0.23%)
PIBTL 14.68 Decreased By ▼ -0.03 (-0.2%)
PPL 220.00 Decreased By ▼ -1.36 (-0.61%)
PRL 91.50 Increased By ▲ 0.28 (0.31%)
PTC 59.49 Increased By ▲ 0.30 (0.51%)
SSGC 23.33 Increased By ▲ 0.03 (0.13%)
TBL 8.73 Decreased By ▼ -0.02 (-0.23%)
TELE 7.61 No Change ▼ 0.00 (0%)
TPL 22.00 Decreased By ▼ -0.03 (-0.14%)
TPLP 12.53 Decreased By ▼ -0.03 (-0.24%)
TREET 21.75 Increased By ▲ 0.02 (0.09%)
TRG 55.66 Decreased By ▼ -0.13 (-0.23%)

ISLAMABAD: A World Bank Support Mission is visiting Pakistan from January 27-28, 2025 to develop a work plan and agree on next steps to advance the preparation of the Reactive Compensation Devices (STATCOMs) project which is critical for system stability and reliably of the north-south bidirectional power flows in the short to medium term, sources in NTDC told Business Recorder.

The World Bank, sources said has proposed to conduct a mission lo continue the ongoing discussion on the potential programmatic support for the power transmission infrastructure.

Following the identification of four high-priority transmission projects under the Transmission System Expansion Program (TSEP), the Power Division sought assistance from the development sector, including the World Bank, to strengthen the transmission sector.

Feb 10- Mar 5: World Bank to send mission to assess slow progress on Dasu project

In response the World Bank’s energy team in collaboration with key donor partners such as ADB, IsDB, and USAID, initiated efforts to facilitate the successful preparation of these projects, as well as, required institutional support to NTDC restructuring plans.

The mission will engage with key stakeholders, including the Power Division and NTDC to ensure alignment, coordination and progress on these critical initiatives.

The proposed mission will focus on the following objectives: (i) discuss the WBG review for the techno-economic studies conducted by USAID for the priority transmission projects and next steps; (ii) discuss with the EAD, Ministry of Energy (Power Division), NTDC and respective stakeholders the request received from Economic Affairs Division for conducting a high-level feasibility study for the Matiari-Moro line including its scope and requirements; (iii) understand the status of government request for the support and coordinate the nomination of a focal point and members of the program implementation unit from NTDC and working arrangement between the technical teams; and (iv) develop a work plan and agree on next steps to advance the preparation of the Reactive Compensation Devices project which is critical for system stability and reliability of the north-south bidirectional power flows in the short to medium.

The mission team will comprise Waleed Saleh L Alsuraih (Lead Energy Specialist/ eam Lead), Mohammad Anis (Infrastructure Program Leader), Waqas Idrees (Senior Energy Specialist), Azhar Iqbal Hussain (Principal Investment Officer), Imran-ul-Haq (Senior Social Development Specialist) and Sarah Khokhar (Social Development Specialist). Teuta Kacaniku (Lead Infrastructure MIGIG) will also be joining the mission.

Copyright Business Recorder, 2025

Comments

Comments are closed for this article.

NAVEED Jan 27, 2025 05:37pm
World bank or local bank only thing needed is tough Accountability of people in public service under summery trial courts. All punishments should made public through media Bcz they are above laws.
0
Naveed Jan 27, 2025 06:18pm
Only tough Accountability of corupt public servents is solution.
0
Mir Adnan Yakub Jan 27, 2025 07:39pm
World bank should close IPP's, they should start from PM family IPP's , forces IPP's ,etc IPP's agreements should be disclosed to general public.Making money from poor public is NOT Loyalty or justice
0