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Investor Presentaiton

ANNUAL REPORT P Private Power and Infrastructure Board ANNUAL REPORT Private Power and Infrastructure Board Foreword It gives me great pleasure to present the Annual Report of the Private Power and Infrastructure Board (PPIB) for the year June 30, 2020 in the light of provision of Part-V, section 21 of PPIB Act, 2012. PPIB has been working to attract and facilitate foreign direct investment (FDI) in Pakistan's power sector and related infrastructure since its inception in September 1994. PPIB also provided technical and legal support to the provinces, AJ&K and Gilgit Baltistan, and monitored and assisted independent Power Producers (IPP). PPIB has been putting all its efforts and resources for induction of sustainable and affordable power generation in the national grid to overcome the electricity crisis. Due to persistent efforts and hardwork, the loadshedding in the country has been reduced significantly. With the addition of less expensive imported fuels like coal and RLNG together with indigenous coal and hydro, the country will soon start receiving affordable electricity which will not only provide relief to the consumers but will also curb the circular debt issue. In upcoming years increased attention will be given to hydel, wind and solar energy sources. PPIB is committed to achieve target of materializing additional 3310 MW by end 2021. In line with the Government Policies, PPIB is working to significantly improve fuel mix by keeping the balance between imported and indigenous fuels for upcoming power projects under its current portfolio. Under process IPPS, which are based on hydro and Thar coal with mammoth 87% combinedv contribution, when commissioned will contribute in minimizing the role of imported fuel and improving the presence of hydro and Thar coal based power in the overall energy mix of the country as well as the energy mix achieved by PPIB. The role of China-Pakistan Economic Corridor (CPEC) in developing Pakistan's power sector cannot be ignored, without which dream of overcoming electricity challenge would not have been realized. Being one-window facilitator and handling major energy projects under the CPEC, PPIB's role was pivotal. CPEC has turned to be a real game changer in the field of energy and today, thousands of affordable and less expensive megawatts are being nurtured under CPEC which will bring revolution in this sector. Under the CPEC, overall thirteen IPPs of 11,648 MW will be commissioned out of which four projects of 4260 MW have already been commissioned, whereas nine projects of 7,028 MW are under process. Similarly, Pakistan's first private sector Transmission line Project is also being implemented under CPEC, which would be a much needed addition as the current transmission line network is not fully capable of transmitting thousands of new megawatts. PPIB is developing a framework and security package for award of more such projects to private sector through International Competitive Bidding (ICB). The Annual Report of Private Power and Infrastructure Board for the year 2019-20 relates to the contributions made by PPIB to trigger the economy by adding sufficient megawatts to the national grid through private sector mobilization. PPIB has so far added 17,551 MW of electricity in the system with a cumulative investment of US$ 20 billion and endeavoring to pursue more investment in the coming years. In addition to commissioned IPPS, PPIB is processing twenty two (22) power generation projects of more than 12,000 MW while approximately 900 km Matiari-Lahore Transmission Line project which is not only the first private sector transmission line project but it is the first project which is equipped with HVDC technology is also being processed efficiently. The Annual Report 2019-20 covers an overview of PPIB achievements and activities for the year under consideration. I hope that the annual Report 2019-20 will prove to be a good information source for researchers, academia and for the general public interested in the power sector of Pakistan. Shah Jahan Mirza Managing Director 03 33 04
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