Pakistan, GE sign MoU to produce 54,000 megawatts by 2020

Discussion in 'Pakistan' started by Neo, Mar 5, 2010.

  1. Neo

    Neo Senior Member Senior Member

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    Pakistan, GE sign MoU to produce 54,000 megawatts by 2020


    ISLAMABAD: The government has signed a Memorandum of Understanding (MoU) with General Electric (GE) in the Prime Minister House to help promote the modernisation of Pakistan’s infrastructure and economy.

    Saleem H. Mandviwala, Chairman Board of Investment and Nani Beccalli-Falco, President and Chief Executive Officer of GE International singed the MOU on behalf of the government of Pakistan and General Electric Company respectively.

    The prime minister welcomed the initiatives of General Electric to support Pakistan’s national objective for development. He expressed the democratic government’s commitment of making Pakistan a trade, investment and financial hub.

    “This is a landmark day that we have signed the MoU with one of the most renowned conglomerates of the USA, and this will certainly open another productive era of economic ties and people to people contacts,” the Prime Minister said.

    The agreement focuses on the development of Pakistan’s energy resources to meet projected demand of 54,000 megawatts by the year 2020. “General Electric is helping build the energy, water, transportation and technology infrastructure of the new century,” says Nani Beccalli-Falco, President and Chief Executive Officer of GE International. “There are huge synergies between the products and services GE businesses provide in energy and infrastructure and the needs and goals of Pakistan to modernize its economy with cleaner, more efficient and better infrastructure technologies.” GE has similar agreements with a number of other governments, including Kazakhstan, Nigeria, Qatar and the province of Ontario, Canada.

    The government of Pakistan aimed to meet projected energy demands using diverse sources and tactics. Possible solutions include renewable sources, such as, wind, solar, geothermal, biomass, coal, hydro and conventional thermal through gas and steam turbines, rehabilitation of existing power generation facilities, along with transfer of technology for manufacture and repair of turbines, developing more efficient and environmentally sound rail transport systems, developing water purification and reuse, wastewater treatment, and process system programs.

    According to the MOU’s terms, GE would assist Pakistan in achieving its goals by engaging in Pakistan’s energy, transportation and water sectors and would work to identify potential sources of funding and explore potential investment opportunities in those sectors. Pakistan has committed to meeting with GE regularly to facilitate the goals of the MoU and provide support to the establishment and operation of the GE facilities in Pakistan, transparently and consistent with the laws and regulations of Pakistan. Pakistan would also facilitate the issuance of work permits and visas for the GE employees and contractors as needed in order to support the objectives of the signed MOU. staff report
     
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  3. Yusuf

    Yusuf GUARDIAN Administrator

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    Good for pakistan. They need energy and now that a nuke deal is not coming their way, such deals are good.
     
  4. LETHALFORCE

    LETHALFORCE Moderator Moderator

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    This deal is to build a grid?? Nice development.
     
  5. ajtr

    ajtr Veteran Member Veteran Member

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    Wind Power Plant on Sunday in Jhimpir near Thatta in sindh.I think its Pakistan's 1st wind power plant recently inaugurated in 2009

    [​IMG]
     
  6. ajtr

    ajtr Veteran Member Veteran Member

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    is there any plan to make solar power plant.i think baloachistan and thar desert will be nice location to locate it.
     
  7. Neo

    Neo Senior Member Senior Member

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    Pakistan's hydro potential is estimated to be 245.000MW, exploiting it should be our main priority since a civil nuke deal is atleast a decade away. Plus we have worlds 5th largest coal reserves in Thar, good enough to solve energy crisis and even export the surplus.
    All it takes is good governance and leadership, something we totally suck at.
     
  8. DaRk WaVe

    DaRk WaVe Regular Member

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    Awesome :) ............
     
  9. sob

    sob Moderator Moderator

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    Neo we have been hearing about the coal reserves in Thar for some time now, but there has been no development since date that I know of.

    Could you let me know the reason why this is still not tapped. Obviously Pakistan will need outside assistance for mining this block as it does not have the expertise. Also somewhere I had read that the ash content was very high.

    Look forward to your reply.
     
  10. SATISH

    SATISH DFI Technocrat Stars and Ambassadors

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    Neo, I think Pakistani government must concentrate on water management and make this macro-project the first priority. This will help in alleivating many of the woes of the people and bringing in peace.
     
  11. ajtr

    ajtr Veteran Member Veteran Member

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    Pakistan's coal resources

    MINERAL MAP
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    Location Map showing the Coal Fields and Coal Occurances
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    ENERGY RESOURCES MAP OF PAKISTAN
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    Last edited: Mar 6, 2010
  12. ajtr

    ajtr Veteran Member Veteran Member

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  13. ajtr

    ajtr Veteran Member Veteran Member

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    Power Sector Situation in Pakistan

     
  14. ajtr

    ajtr Veteran Member Veteran Member

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    43 ppt slides on pakistan nuke powre generation.

    The Pakistan Nuclear Power Program- Security and Safety Issues

     
  15. tarunraju

    tarunraju Moderator Moderator

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    That picture isn't of Jhimpir windfarm, though.
     
  16. DaRk WaVe

    DaRk WaVe Regular Member

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    Islamabad Sees Deals With China

    BEIJING -- China and Pakistan are discussing a variety of deals, including a possible investment by China Petrochemical Corp. in a major Pakistani coal reserve, a senior Pakistani government official said Tuesday.

    The talks underscore how Pakistan is becoming another important investment destination for China in its hunger for oil and gas.

    Sohail Ahmad, director of Pakistan's Board of Investment, said the two sides are also discussing an option to construct a rail and road link to help transport oil from the Middle East to western China.Mr. Ahmad said the two potential deals are part of broader bilateral trade and economic cooperation proposals under discussion between the two countries. Other areas for potential cooperation include the textile, heavy industry and water sectors, he said.

    China Petrochemical Corp., also known as Sinopec Group, has launched the first phase of a feasibility study into the estimated 185 billion metric ton Thar coal reserve, located in southern Pakistan.

    It is studying gasification of the coal reserves among other possibilities such as power generation and mining, Mr. Ahmad said. Gasification is a process to convert coal into gas and then into liquefied natural gas, or LNG, for producing chemical products.

    Pakistan has vast coal reserves, mostly in the Thar Desert, but has barely exploited them due to a lack of investment.

    Last year, the Pakistan government said the reserves were the fifth-largest coal reserves in the world. Pakistan produces less than 0.5% of its total power generation capacity from coal, it said.

    China, meanwhile, is seeking raw resources to fuel its rapid development and to funnel resources into its less wealthy western region.

    Mr. Ahmad also said the two governments are in talks to build a road and rail link from Pakistan's Gwadar Port, at the mouth of the Persian Gulf, to Xinjiang in western China. The port was jointly constructed by the two countries.

    If the link is built, it might among other things help extend to Xinjiang the oil pipeline from Iran to Pakistan or the LNG route from Qatar to Pakistan, he said.

    Discussions between senior government leaders of Pakistan and China on the link, which could cost billions of dollars, remain "at the very initial stage," he said.

    Pakistan President Asif Ali Zardari, who visited China in August to talk about these and other projects, will visit Beijing again in December for further talks, Mr. Ahmad said.

    Asked if Pakistan is worried about Chinese state-owned enterprises taking control of some of its important companies, he said, "We don't have any concern, and we don't feel China is a threat."

    The two countries' leaders have decided to set up a China-specific economic zone in Pakistan, he said, featuring a tax exemption as well as some legal protections.

    —Victoria Ruan and Wan Xu

    Reference:Islamabad Sees Deals With China - WSJ.com
     
  17. ajtr

    ajtr Veteran Member Veteran Member

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    Wind power projects may get 13.5 cents/kWh


     
  18. ajtr

    ajtr Veteran Member Veteran Member

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    Proposed alternative and renewable energy projects

     
  19. ajtr

    ajtr Veteran Member Veteran Member

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    PPIB issues LoS for 404MW power plant

     

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