Power outages will be over by 2030
Staff ReportFriday - February 2, 2018
According to an official statement, Abbasi opinionated that although remarkable progress has been achieved in power sector during the last three years, there was a need to constantly monitor demand and supply situation keeping in view the anticipated high gross domestic product (GDP) growth scenario in the coming years.
High voltage direct current (HVDC) Matiari-Lahore transmission line project was discussed during the meeting.
The proposed project with evacuation capacity of 4,000 megawatts (MW) is being planned to ensure evacuation of power from the new generation planned in southern part of country to the load centers in middle of the country.
Abbasi stressed upon the need to synchronise the completion of the transmission line with expected completion of the power projects in Thar as well as other projects in south of the country.
Amendments in renewable energy policy 2006 also came under discussion. It was decided that proposals for new tariff will be developed based on best international models so that most competitive tariff are achieved in order to lower the basket price of electricity.