Power Division plans to enhance transmission capacity system in next two years

Power Division plans to enhance transmission capacity system in next two years

Power Division plans to enhance transmission capacity system in next two years

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ISLAMABAD: The Power Division plans to enhance peak transmission capacity of the national grid system up to 33,500MW in the next two years.

A meeting of the Cabinet Committee on Energy (CCoE) was held under the chairmanship of the Federal Minister for Planning, Development and Special Initiatives Asad Umar in Islamabad on Thursday.

The meeting approved the summary of the Transmission System Constraints Removal Plan presented by the Power Division. It was informed that the peak transmission capacity of the national grid system in July 2018 was 20,811MW, and in August 2021 it was 24,564MW.

In 2023, the transmission capacity will be increased up to 33,500MW. The Cabinet Committee appreciated the work done by the Power Division and directed that to implement the ambitious plan, the Power Division should keep a track of the developments.

The chair said once the constraints are removed not only unmet demand will be served in the country but merit order exceptions will also reduce.

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The Petroleum Division presented a summary for the approval of the development plan for the Pakistan’s oil and gas sector. The main objective of the plan is to assist the Energy Working Group of the China-Pakistan Economic Corridor (CPEC) for Pakistan in finalising its investment for the development of the oil and gas sector by providing a comprehensive database of information on Pakistan’s energy profile, forecast and various planned and agreed energy projects.

The committee directed the Petroleum Division to define specific policy interventions within 30 days and present them to the committee.

The Federal Investigation Agency (FIA) presented the finding report on the status of an inquiry/investigation on petroleum crisis. It was informed that the petroleum marketing companies set up more illegal petrol pumps across the country than the Oil and Gas Regulatory Authority (Ogra) approved petrol pumps.

The FIA Lahore arrested Fossil Energy CEO Nadeem Butt, Ogra’s former member gas Amir Naseem, member oil Abdullah Malik and director oil of the Ministry of Energy and Petroleum Shafiullah Afridi, and Assistant Director Oil Imran Abro.

The four-day physical remand of the five accused was obtained on October 31, and now all the accused have been sent to the judicial lockup.

Some of the accused have obtained interim bails, while the process of freezing their accounts is in process. The arrested have been of colluding with the illegal petroleum marketing licences, illegal petroleum import quotas, and buying and selling of illegal petroleum imports, causing billions of rupees in losses to the national exchequer and money laundering of billions of rupees earned from it.

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Further, 10 oil marketing companies have gone in writ petitions and the intra-court appeals and in some cases, the FIA has been restrained till November 29 (next date of hearing).

Ministers for finance, energy, maritime affairs, adviser to the prime minister on commerce and industries, Ogra and Nepra chairmen, representatives of the regulatory authorities and senior officials of the ministries/divisions also participated in the meeting.

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