Pakistan, US cooperation to help increase energy capacity
Islamabad : In partnership with the United States Government, the Managing Director of the National Transmission and Despatch Company (NTDC) inaugurated the Patrind Power Transmission Project Thursday.
This mutual investment from the United States and Pakistan will add 147 megawatts (MW) of hydroelectric capacity to Pakistan’s National Energy Grid.
The United States Government, through the US Agency for International Development (USAID), supported the effort by constructing transmission lines and upgrading grid stations in the Azad Kashmir/Khyber Pakhtunkhwa (KP) region. This effort will ultimately strengthen private sector investments in clean-energy projects. With this NTDC and USAID investment, Patrind is now selling electricity to the national grid and repaying its debt and equity obligations.
This achievement demonstrates that with strategic government support, the energy sector can be a driver of local and national economic growth. “The US Government is partnering with the Government of Pakistan to strengthen Pakistan’s energy sector and make it more competitive through the use of sustainable energy sources like hydroelectricity,” said USAID Mission Director Julie Koenen.
“Working with the Government of Pakistan, we have supported infrastructure projects, operational improvements, and policy reforms to help the energy sector function more efficiently and sustainably.
These efforts are helping Pakistan meet the needs of its growing population and economy.” Since 2010, USAID has partnered with the Government of Pakistan to add more than 3,600 MW to the national grid. These investments are benefitting more than 43 million Pakistanis, reducing costs for energy distribution companies by $429 million, and leveraging more than $2.3 billion in private investment.
USAID has also supported the construction of new transmission lines and substations to evacuate power from wind power projects to the national grid, as well as rehabilitated thermal and hydroelectric power plants. To ensure Pakistan’s future energy security, the U.S. Government will provide technical assistance to improve planning processes and operational procedures, introduce new technologies, and transition toward a competitive market structure with more participation by private sector companies.
-
Teddi Mellencamp Gives Positive Update Amid Stage 4 Brain Cancer -
Russia Threatens Apple With A $52 Million Fine -
Lindsay Lohan Marks Major Milestone With Emotional Message: 'There's Still So Much I Want To Create' -
Instagram Faces Backlash Over Promotion Of Child Abuse Ads -
Drake Watches Portugal Nail-biting World Cup Victory Over Croatia At Stadium -
NASA's Bold Effort To Rescue Swift Observatory Telescope Hits An Unexpected Setback -
Germany To Tighten Sick Leave Rules And Raise Retirement Age Under New Reforms -
Louisville Residents Urged To Stay Safe In Heat During Fourth Of July Weekend -
Why Zinedine Zidane's Son Luca Chose To Play For Algeria Over France -
Prince Harry’s Biggest Battle In Britain Revealed: ‘Still A Prince’ -
Over 100 Passengers Fall Ill In Suspected Norovirus Outbreak On Ruby Princess -
Cristiano Ronaldo Pays Touching Tribute To Diogo Jota After Croatia Victory -
Tesla Model Y L Arrives In US With Six Seats And 325-mile Range -
Canada’s Carney Secures Alberta Pipeline To Pacific Coast To Expand Oil Exports Beyond The US -
Brandi Glanville Calls Out Doctors Amid Ongoing Facial Disfigurement Struggle -
Trump Defends Reported $1.4B Cryptocurrency Earnings: ‘Nothing Illegal Or Wrong’