Construction of Two 500 KV Grid Stations and 225km 500KV Transmission Line
The geographical location of the province of Khyber Pakhtunkhwa ensures its immense hydropower potential. It has an aggregate hydro power potential of about 30,000 MW. This potential has remained a focus of interest for investors and international funding agencies. The provincial government has created an enabling environment for private sector investment in hydropower sector and developed “KP Hydro Power Policy 2016”.In view of the present energy scenario in the country, it is imperative that affordable and sustainable energy sources are developed.
The provincial government has planned to construct seven hydropower projects in the District of Chitral with a cumulative output of 1,978MW and as such these have been offered to investors for development under CPEC. In order to provide power evacuation from Chitral and to supply to other areas of the province, the CPEC framework may include the construction of 500 kv grid stations in Drosh District Chitral and Chakdara. The proposed Chitral grid will connect to Chakdara through a 225km long 500 kV HVAC transmission line and provide connectivity to the national grid.
The estimated cost of the project is US $ 192.5 million. The cost of Drosh Grid Station is approximately US $ 40.0 million, Transmission Line is US$ 112.5 million while cost of Chakdara Grid Station is US $ 40.0 million.
The project provides an opportunity for the donor agencies / investors for investment and to recoup the capital investment with a healthy return. The project with be processed in accordance with the applicable laws and Policy Framework of Private Sector Transmission Line Projects 2015 of the Federal Government.
In Khyber Pakhtunkhwa, Pakhtunkhwa Energy Development Organization (PEDO) will serve as a one-window facility for investors and ensure facilitation with relevant agencies and government organizations. Moreover, competent workforce in the sector is available in the province for utilization by investors.
The investors friendly security situation already prevails in the province.