Work on the coal based Jamshoro power plant has been delayed due to financial reasons. The 1,320 megawatt coal plant was to be completed in two stages. The first stage was to complete in 2018 and generate 660 megawatts of electricity, while the second stage was to complete in 2019 and also generate 660 megawatts of electricity. However, due to the financial process of the Asian Development Bank, the project has been delayed.
During the Cabinet Committee on Energy meeting, the members were briefed that ADB’s financial process is a lengthy process, and it’ll take time before the funds are released. This will delay completion of the power plant.
The Ministry of Railways said that it needs to build a track to supply coal to the Jamshoro plant and that funds from the Public Sector Development Programme were not allocated to it. The ministry also said that the ADB had not approved funding for building the new rail tracks. The committee advised the Ministry of Water and Power to help the Ministry of Railways by providing a loan facilitation letter that will be submitted as PC-I for the project.
During the meeting, other energy projects were also discussed. The Chashma nuclear plant-III would be ready in 2016 and provide 340 megawatts of electricity to the national grid. Wind power projects under the China-Pakistan Economic Corridor would also be complete in 2016 and provide 300 megawatts to the national grid. Other power projects would provide 6,872 megawatts of electricity in 2017, and some more will provide 1,660 megawatts of electricity in 2018. The Tarbela-IV project is expected to complete in 2018, and it’ll provide 1,470 megawatts to the national grid. The committee requested for expediting work on the Tarbela-IV project so that it completes by March 2017.