Investor Presentaiton
ANNUAL REPORT
P
Private Power and Infrastructure Board
ANNUAL REPORT
Private Power and Infrastructure Board
In accordance with the decision of the Board, PPIB issued TLOS to 7.08 MW Riali SHPP on 16th October
2019 and 8 MW Kathai on 20th November 2019. Both projects are progressing for achievement of
Financial Close for which PPIB is facilitating sponsors of these projects. Furthermore, there are several
other SHPPS which are in the process for issuing TLOS by PPIB and soon PPIB would undertake more
SHPPS under Power Generation Policy 2015 for processing.
This initiative will attract and encourage potential investors in developing small to medium size
hydropower power projects in the country particularly in AJ&K, GB and Punjab which will further
augment clean, green and cheap generation capabilities in the country. This will also enhance the
confidence of investors in investing in indeginous/renewable hydropower Projects of country.
Increased Prioritization of Thar Coal
for Power Generation
The present portfolio of Thar coal based power generation projects comprises of seven projects of 4,950
MW which are at different stages of development. The generation capacities of these projects range
between medium size of 330 MW to mega size of 1,320 MW which are planned to be completed during
2019-2023. Currently, majority of these projects are at advance to very advance/final stages of
development while there is only one project which is at initial stage of processing, whereas rest of the
projects are at post LOS stages; some are about to achieve FC while few other are under construction.
Similarly, 660 MW Thar coal based Engro Power has already been commissioned and supplying
electricity. The biggest challenge before PPIB would be to ensure smooth and speedy implementation
of upcoming projects with minimum impact of COVID-19 on their timelines. Current status of Thar coal
based Power projects is appended in the following image:
It is indubitable that Thar coalfield has potential to be financially profitable, technically reliable, socially
responsible, and capable of meeting the power and energy needs of Pakistan for many decades to
come. In pursuit of attaining energy security, PPIB would continue to promote Thar coal for power
generation and is fully prepared in this regard to implement new projects in accordance with the
outcome of demand-supply study of the GoP to avoid less or surplus electricity.
Completion of Ongoing Projects based on
Imported Coal and RLNG
PPIB in line with the policy of the GoP, is already operating with least focus on imported fuels for power
generation and processing only those projects which were conceived earlier to the said policy for
honouring contractual obligations. Currently, PPIB is processing only one RLNG based project of 1,263
MW located in Jhang and one imported coal based project of 300 MW located in Gwadar. Both these
projects are at advance stages of implementation. The RLNG based project is under construction while
coal project is under Financial Closing.
It is imperative to highlight that although the imported coal based power generation projects which
have been commissioned and those which will be commissioned in near future also have the
capability of blending some portion of Thar coal upon its availability on commercial basis. Current
status of imported fuels based (RLNG & Coal) Power projects is appended in the following image:
Timelines of Imported Coal & RLNG based IPPS
117
Oracle
Shanghai
Siddiqsons
Timelines of Thar Coal based IPPS
Under Issuance
of NTP/LOI
Under FC
Under FC
Lucky
Under Construction
Under FC
Thal Nova
Thar Energy
Engro
Under Construction
Commissioned on 10.07.19
2019
2021
2022
2023
Imported Coal based
300 MW Gwadar
Power Project
Under FC
RLNG based 1,263
MW PTPL Power
Project
Under Construction prior
to FC - First Unit to come
online by Dec-20
2020
2021
2022
PPIB through expeditions processing of both projects would ensure early completion of these projects,
however, both projects are facing delays mainly on part of signing of power purchase agreements due
to which so far both projects have not been able to achieve Financial Close. There is also a possibility of
marginal variation in completion schedule due to COVID-19.
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