NEWS & MEDIA






















PRESS RELEASES



NTDC Connects Balloki Power Plant to the National Grid

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 19 June 2017: National Transmission and Despatch Company Ltd (NTDC) has connected 1200MW RLNG Balloki Power Plant with national grid today. The power plant has been connected through 500kV transmission line Balloki – Shaikhupura and 500kV transmission line Coal Fired Power Plant Sahiwal – Balloki, as an interim arrangement for back feed of Balloki power house and is energized today.

 

Wind Storm and Rain collapsed 9 towers of 500 kV Guddu-DG Khan transmission line – NTDC Spokesman

 

The spokesman further said that 9 towers of 500 kV Guddu-DG Khan transmission line have been collapsed due to high intensity wind storm and torrential rains various parts of Rajanpur. However, power supply was restored to affected areas through alternate sources.

 

The spokesman said that, some 20 km away from Guddu, in the plains of Indus Pump, Continuous flow of rainy water from the mountains of Balochistan led to the collapse of towers. Teams of NTDC engineers and contractors were mobilized immediately and restoration work has been started under the supervision of GM (Asset Management) and Chief Engineer (Asset Management) Multan. The teams are facing difficulties in transportation of men and material at sites of demolished towers due to waterlogging and slush in the area. Managing Director NTDC Dr. Fiaz Ahmad Chaudhry is monitoring the rehabilitation activities and instructed the teams to complete the restoration work in shortest possible time.

 

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Rehabilitation work of two damaged towers completed, NTDC restores power supply to Balochistan

NTDC HEADQUARTERS,WAPDA HOUSE,LAHORE,15 June 2017: The spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that power supply to districts of Balochistan including Quetta has been restored after completion of rehabilitation work of two towers of 220 kV Uchi- Sibbi and Guddu-Sibbi transmission lines. The tower were collapsed due to heavy wind storm in the area of Dera Murad Jamali during the first week of this month.

The NTDC engineers and staff remained committed round the clock for restoration of towers of both circuits 220 kV Uch-Sibbi and 220 kV Guddu-Sibbi in hot weather conditions as well as security hazardous areas. Managing Director NTDC Dr. Fiaz A. Chaudhry appreciated the NTDC engineers and staff for timely restoration of destroyed towers and stable supply to QESCO area in Blochistan. He also thanked contractors and the law enforcement agencies for their services and cooperation for completion of rehabilitation work of damaged towers.

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NTDC Connects 147 MW Patrind Hydro Power Plant with National Grid

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 13 June 2017: The spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that Patrind hydropower plant has been connected to Muzaffarabad-II grid station through 132 kV double circuit transmission line, in Azad Jamu Kashmir. One unit of the plant has started power generation today and connected with national grid, whereas with the completion of testing process, power generation will be increased to its optimal level.

The spokesman said that 147 MW Patrind hydropower plant will benefit the areas of Hazara and AJK. A separate transmission line will also be connected with 220 kV Mansehra Grid Station. Which will improve the voltage level and help in reducing the load shedding in AJK and Hazara Division.

The spokesman further said that the Government of Pakistan is committed to eradicate load shedding from the country and NTDC has already provided transmission interconnection facilities to many power generation projects with their total installed capacity of 6,164 MW. These projects include Bhikki 1200 MW, Haveli Bahadur Shah 1200 MW, Balloki 1200 MW, Sahiwal 1320 MW, Chashma C3 and C4 680 MW, Quaid-e-Azam, 400 MW (For the remaining 600 MW, a 220 kV transmission line and associated substation is already complete) and Renolia 17 MW.

 

During the current financial year, several 500 kV and 220 kV transmission line projects are at their advanced stages of construction. For instance, out of the total 1123 km of 500 kV transmission lines of various projects, construction progress varies between from 60-90 percent. These lines include Neelum – Jhelum to Domeli, 3rd Circuit Jamshoro-Moro-Dadu-Rahim Yar Khan, Balloki to New Lahore, Haveli Bahadur Shah of 2nd interconnection and Port Qasim to the connection point at NKI to Jamshoro line. Transmission line to interconnect Neelum Jhelum Hydro power project is 90% complete and it will be energized well before the CoD of the power house.

 

Similarly, out of the total 614 km of 220 kV transmission lines of multiple projects, construction progress ranges from 62- 98 percent. These projects include Lal Suhanra, Jhimpir- TM Khan, Uch-Sibbi and Gharo-Jhimpir. The replacement of existing 220 kV transmission line to evacuate Tarbela Ext-4 (1410 MW) power is currently under progress and shall be completed well before completion of the power plant extension project.

 

The spokesman further said that NTDC has substantially reinforced its network with 2000 MVA transformation capacity through additions of power transformers in newly constructed 220 kV Chishtian and 220 kV Gujrat substations along with augmentation of three 250 MVA transformers each at 500 kV Shiekh Muhammadi, 220 kV Burhan and 220 kV Ludewala substations. All these additions and expansions have greatly contributed to alleviate the existing transmission system constraints and provided adequate room for serving additional demand on the system.

 

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Miscreants damaged tower of 500 kV Hub-NKI Transmission Line, Power supply remained uninterrupted

 

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 07 June 2017: The spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that miscreants made an attempt to blow up tower of 500 kV Hub-NKI transmission line. The explosive material partially damaged the legs of tower No 72 at Northern Bypass near 500 kV NKI grid station district West Karachi, however, power supply remained uninterrupted to concerned parts of Karachi. The spokesman said that the repair work of the damaged tower has been started and will be completed soon.

 

NTDC Energized 500 kV Dadu - Shikarpur Transmission Line

 

Moreover, the spokesman said that NTDC has completed the rehabilitation work of seven (7) collapsed towers of 500 kV Dadu-Shikarpur transmission line and made it operational last night (6 June 2017).

 

The said transmission line was one of the three 500 kV transmission lines which were affected due to force majeure (high intensity cyclone) and damaged 16 towers on 21 May 2017. Two other 500 kV Jamshoro-Dadu transmission line and 500 kV Dadu-Guddu transmission line had already been energized by NTDC engineers, staff and contractors within shortest possible time.

 

The NTDC spokesman said that with the energization of said transmission line, the second link has also been re-established between Northern and Southern systems, enhancing the reliability and smoothness of the power transmission system of the country.

 

The NTDC engineers and contractors worked under extreme weather conditions of over 50 degree centigrade and difficult terrain of semi mountains and slushy area of Khinjar lake in district Dadu. Managing Director NTDC Dr. Fiaz A. Chaudhry appreciated the hectic efforts and commitment of both engineers and contractors who worked round the clock to accomplish the assigned tasks for provision of sustainable power supply to southern part of the country.      ***

NTDC replaced damaged transformers overnight and restored power supply to IESCO early morning

 

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 05 June 2017: The Spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that NTDC engineers and staff have replaced and energized the two damaged current transformers (CTs) of 500 kV grid station Rewat overnight and restored power supply to IESCO early in the morning at 0500 hrs (05 June 2017). The current transformers were blasted due to ongoing heat wave in the country.

 

 

 

The spokesman said that NTDC team remained busy throughout the night in replacement of transformer. The affected 132 kV grid stations were provided power supply through load management and from alternate sources, however, with the replacement of current transformers (CTs), the power supply to 132 kV circuits of Chakwal and other nearby areas of Rawalpindi was despatched through NTDC network.

 

 

 

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NTDC Energizes another 500 kV Dadu-Guddu Transmission Line Today Rehabilitation work of 7 damaged Towers completed in minimum possible time, Transmission line will re-establish the broken link between Northern and Southern systems

 

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 02 June 2017:  The Spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that NTDC engineers and contractors have energized another 500 kV Dadu-Guddu transmission line (circuit-II) after rehabilitation work of seven (7) damaged towers today. On Monday May 21, 2017, sixteen (16) towers were collapsed due to force majeure (high intensity cyclone) in Sindh area. Earlier, 500 kV Jamshoro-Dadu  transmission line was energized on 27 May after completing the rehabilitation work of two (2) towers, whereas, the third Transmission Line of 500 kV Dadu-Shikarpur will be completed / ready for power supply within next 3-4 days.

 

The spokesman said that under the supervision of GM (Asset Management), NTDC engineers and 6 teams of contractors were deployed to complete rehabilitation work on war footings. While setting aside the extreme weather conditions of over 50 degree centigrade and difficult terrain of semi mountains and slushy area of Khinjar lake in district Dadu, the teams completed the repair work of foundations, erection of towers, replacement of hardware including insulators, spacers, repair/replacement of conductors as well as stringing process of transmission line in minimum possible time. The energization of transmission line will re-establish the broken link between Northern and Southern systems, thus increasing reliability and smooth transmission of power throughout the country.

 

The spokesman also updated about the progress of 500 kV Dadu-Shikarpur (third damaged) transmission line and said that out of 7 damaged towers, rehabilitation work of 4 towers have been completed whereas the transmission line will be ready for power supply in the next 3-4 days. Managing Director NTDC Dr. Fiaz A. Chaudhry appreciated the profound efforts of contractors and NTDC engineers and asked them to stay committed for early completion of remaining work so that the maximum relief to the consumers is provided during the holy month of Ramzan.

 

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NTDC Managed to Restore the Fault of Southern System in minimum possible time

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 28 May 2017:  The Spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that a preliminary investigation shows that both 500 kV transmission lines emanating from the Hubco power plant did not trip on transmission fault but got tripped due to a transfer trip signal from the Hubco power plant. NTDC has requested Hubco authorities to investigate the cause of tripping from their end that resulted in the loss of generation to the grid. Resultantly, Southern system was subjected to under frequency and Jamshoro Power Plant was also tripped. This led to power breakdown in the K-Electric and HESCO areas about 0300 hours this morning.

The Spokesman said that NTDC engineers managed to energize 220 kV KDA 33 - Jamshoro power system and 500 kV Karachi - NKI- HUBCO power system at 0430 hours in a shortest possible time. Later, unit No 4 of HUBCO power plant was connected with 500 kV NKI grid station at 0704 hours. The power system gradually got normalized with the additions of power units of HUBCO and Jamshoro at 0805 hours. The Situation can be further eased out  , if HUBCO n local Power Plants of K- Electric are on Full Generation.

The Spokesman said that the Ministry of Water and Power has specially commended the efforts of ground formations of NTDC, NPCC and HESCO on immediate restoration of system which normally takes much longer time. Immediate restoration and linking of tripped lines was achieved within Shortest Span of 2 hours and the generation facilities at Jamshoro and HUBCO started generation which gradually increased as per the standard technical specifications.

Apart from tripping caused at the southern region affected HESCO area, the power supply remained uninterrupted during Sehri time in most parts of the country. 97% of urban areas was provided uninterrupted power supply at Sheri time. While around 85% of rural areas remained under the zero load shedding. The power generation recorded 17400 MW and the shortfall remained within manageable limits.

Updating about the Rehabilitation Work of Damaged Towers of NTDC, The Spokesman said, Seven Towers of 500 kV Dadu - Gudu Transmission Line have been erected today and 4 Quad Bundles Conductors are being repaired /replaced and the Transmission Line Will be energised in minimum possible time after Stringing Process.

The spokesman said that the dedicated teams of Ministry of Water & Power ,NTDC, NPCC and HESCO remained vigilant and monitored the situation closely and worked hard to restore the transmission lines.

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NTDC Completes Rehabilitation Work of Two Damaged Towers on Fast Track, 500 kV Dadu-Jamshoro Transmission Line Energized today, Work on remaining 14 Towers of other two Transmission lines is being Carried Out on war footings

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 27 May 2017:  The Spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that  NTDC engineers have energized 500 kV Dadu-Jamshoro transmission line (circuit-II) after rehabilitation of its two towers damaged due to recent cyclone in Sindh area. The spokesman said that it was one of the difficult terrain with scorching heat of 50 Degrees Centigrade between Khinjar Lake and mountains of District Dadu , Where the rehabilitation work was carried out under the supervision of General Manager (Asset Management) NTDC.

The Spokesman elaborated that 16 towers of three different 500 kV transmission lines were damaged due to heavy cyclone on 21 May, out of which one aforementioned transmission line has been energised today and started supplying power. Whereas rehabilitation work on other two transmission lines is being carried out on war footings. While updating the progress of work, he said that 4 towers of 500 kV Dadu- Shikarpur transmission line have been erected and 3 towers will be erected by evening today. The teams of NTDC are working day and night on foundations repair, towers erection, replacement of hardware including insulators, spacers repair of conductors as well as stringing process.

The Spokesman informed that, if the link of 500 kV Dadu-Jamshoro transmission line would not have been restored timely, it was feared that the fault on the parallel transmission line would have occurred, thus entire Dadu in Sindh and Khuzdar in Balochistan would have gone into dark.

Dilating upon the progress work of damaged towers of 500 kV Dadu- Guddu transmission line, the Spokesman said that the transmission line will be energized by Tuesday 30th May. It will establish North - South connection and two power system islands will operate as one integrated system.

MD NTDC Dr. Fiaz A. Chaudhry is fully aware of the gravity and impact of the damage of 16 towers of 500 kV transmission lines, thus mobilized NTDC teams to carry out rehabilitation work simultaneously on each transmission line and monitoring its Progress round the Clock. It is expected that the remaining work of rehabilitation would be ready for power supply in minimum possible time.

 

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Meeting of Energy Experts held to Assess Load Forecast and Generation planning to Devise Plan for Future Power Needs

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 26 May 2017:   A meeting  of energy experts to assess the load forecast, generation planning and to devise a plan for future needs of power sector was held under the Chairmanship of Managing Director NTDC Dr. Fiaz A. Chaudhry, here at WAPDA House Lahore, today.

 

Welcoming the energy experts, Dr. Fiaz A. Chaudhry said that we all are connected with the power sector of Pakistan and there is a need to share the load forecast and generation planning of NTDC with the players of power sector. Being a team member, we have to review and assess that how demand is growing, what capacity we are going to have, so that the energy crisis is addressed properly to help the government to eliminate the menace of load shedding from the country.

 

Sharing the views on the load forecast and generation planning, the energy experts appreciated the efforts of MD NTDC for providing them an opportunity to have free and frank discussion on various issues of Power sector. The participants agreed that such discussions will help in assessing the actual load forecast in order to devise and plan action for future needs by all concerns. They also agreed that we have to think alike and evaluate the modus operandi especially the one which is in the better interest of the country. Hence it was decided that all stakeholders will share their input with NTDC through email which will be taken into considerations to build the mutual consensus of NTDC and power industry to be discussed in the next session.

 

Dr. Fiaz A. Chaudhry thanked the participants, stakeholders, Mr. Gul Hassan Bhutto and team of Monthly Energy Updates for coordinating and making the session successful. The experts of Hubco, Orient Energy Systems , Albario Engineering, General Electric, CPPAG, Descon, ABB, Master Wind Energy, Engro Powergen Ltd, SHPL, PAEC, Lucky Electric, Lalpir and Pakgen, HDIP,  PPIB, AEDB and Energy Department Govt of Sindh, MAQ International and senior officials NTDC participated in the session in person as well as through video links. 

 

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NTDC Promotes one GM to Deputy Managing Director and 8 Chief Engineers to General Managers

 

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 23 May 2017: National Transmission and Despatch Company Ltd (NTDC) is in a transition of corporate entity and going through the restructuring phase. For the purpose, Board of Directors NTDC has given approval for creation/re-designation of various posts including Deputy Managing Director and General Managers. The Board of Directors has promoted GM (Grid System Construction) Mr. Wajahat Saeed Rana as Deputy Managing Director (Asset Development & Management)

 

Whereas in the better interest of the company, 8 Chief Engineers have also been promoted to the posts of General Managers. In pursuance of recommendations of NTDC promotion board, Chief Engineer (Grid System Operations) Hyderabad Mr. Taj Muhammad Somro promoted as General Manager (Asset Management) South.

 

Chief Engineer (Grid System Operations) Raja Liaqat Ali promoted as General Manager (Asset Management) North.

 

Chief Engineer Mr. Ghulam Murtaza promoted as General Manager and placed at the disposal of CEO CPPA-G.

 

Chief Engineer (Coordination & Monitoring) Mr. Nasir Usman promoted as General Manager (Design and Engineering).

 

Chief Engineer Mr. Maqsood Ahmed Qureshi promoted as General Manager (Power System Planning).

 

Chief Engineer (Design & Standards) Mr. Bashir Ahmed Bhatti promoted as General Manager (Performance Assessment).

 

Chief Engineer (Dasu Transmission Line) Muhammad Afzal Khan promoted as General Manager (Project Delivery) North and Chief Engineer (Extra High Voltage-II) Mr. Muhammad Ishaq promoted as General Manager (Project Delivery) South.

 

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Cyclone caused damage to 16 Tower of 500 kV Transmissions Line in Sindh, Continuity of power supply was not affected – NTDC Spokesman

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 22 May 2017:  The spokesman of National Transmission and Despatch Company Ltd (NTDC) has said that due to heavy cyclone on May 21st at 17:45 Hrs, 7 towers each of 500 kV Dadu- Guddu transmission line and of 500 kV Dadu-Shikarpur transmission line were collapsed besides two towers of Dadu-Jamshoro transmission line (circuit 2).

The spokesman informed that despite of such a big disaster, continuity of power supply was not effected as the protection system of NTDC being the most reliable one, ensured not only un-interrupted power supply but also saved power system equipments, hence no damage of any kind of equipment occurred.

Upon the instructions of Managing Director NTDC, GM GSO immediately rushed to the sites and is personally monitoring the restoration activities and reporting all activities to the top management of NTDC. As the material was already arranged and different gangs have been deployed who are working round the clock.

The spokesman ensured that collapsed towers will be replaced in minimum possible time. It is further added that North of Guddu area is being supplied by many power plants including Tarbela and Mangla whereas South is being supplied through Hubco and Jamshoro power plants.

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NTDC inducts 127 Junior Engineers - NTDC has to Connect Power Plants to Double the Generation Capacity Within Six Years – MD NTDC Dr. Fiaz Ahmad Chaudhry

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 16 May 2017:  National Transmission and Despatch Company Limited (NTDC) has inducted 127 junior engineers (electrical /electronics) selected purely on merit through transparent process. 6111 candidates had applied for the positions of junior engineers and finally 127 young engineers have been succeeded to start their career in NTDC. The aim of induction of junior engineers is to cop up with man power shortage and to expedite the projects of NTDC to mitigate the power crisis of the country. In this regard, an orientation session for the newly inducted junior engineers was arranged here at WAPDA House Lahore, today.

During his welcome address, Managing Director NTDC Dr. Fiaz Ahmad Chaudhry congratulated the young engineers and said that NTDC has selected the brains of the nation since they have to meet the emerging and daunting challenges of power sector, hence huge responsibility lies on your shoulders now. While comparing the existing power sector, he said that about 20,000 MW available capacity was added during last 69 years whereas NTDC has to build a huge infrastructure to cater for additional 20,000 MW of power up to 2023-24, meaning by raising of another power sector. He committed that NTDC is all set to deliver its best.

Dr. Fiaz A. Chaudhry urges the young engineers to have sense of ownership and company should be taken as home and worship place and every task assigned should be met judiciously. NTDC transmission network has spread throughout the country and it is the prime responsibility of every employee to protect the assets of the company. He said that NTDC is under transformation phase to make it corporate entity, employees have to identify their roles and should have business minded approach. He advised the engineers to have driving passion, mutual respect, leadership skills, use of resources and ability to work hard with honesty. He also shared the company`s core values and said that the NTDC is striving for reliable grid which will ultimately drive the country towards growth in terms of economy and development. He also advised the young engineers to adhere to the Islamic norms, ethics and to avoid immoral activities and Sifarish culture. NTDC will formulate commitment based policy for its employees and will reward them for their good work.

Dy Managing Director Mr. Wajahat Saeed Rana, GM GSO Raja Liaquat Ali, GM NPCC Mr Ilyas Ahmed, GM Planning Mr. Maqsood Ahmad Qureshi, DG HR Mr Muhammad Ghulzar Sheikh, Addl. CE Design Mr. Liaquat Ali, Chief Engineer System Protection Mr.Muhammad Naeem Hassan also gave briefings and updated about their respective departments.

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Minister of State for Water & Power Abid Sher Ali Inaugurates 220 kV Grid Station Chishtian

Lahore/Chistain, 28 Feb 2017 : Minister of State for Water and Power Chaudhry Abid Sher Ali and  Member National Assembly Chaudhry Tahir Bashir Cheema  inaugurated the 220 kV grid station today at Chishtian near Bahawalnagar today.

Speaking on the occasion, Ch. Abid Sher Ali said that the government is committed to eliminate load shedding from the country. Power projects of over 10,000 MW capacity are being completed on fast track. 220 kV grid station Chishtian alongwith 88 km transmission line has been constructed by National Transmission and Despatch Company Ltd. (NTDC) with the cost of Rs. 2633 million. He appreciated the NTDC Management, engineers and staff for timely completion of the project and said that the grid station will end forced load shedding, improve voltage level and minimize trippings which was being faced due to overloading of the system. Resultantly, power supply for the people of Chishtian, Bahawalnagar, Hasilpur, Noor Sar, Haroonabad, Dhahranwala and Fortabbas will be improved in urban and rural.

Chaudhry Abid Sher Ali siad that Ministry of Water and Power, NTDC and DISCOs have overcome 90 percent system constraints and maximum relief will be provided to consumers during the holy month of Ramdhan. He announced that there will be no load shedding across the country on the day of Pakistan Super League (PSL) final match being held at Lahore. He also assured the locals for creation of new subdivisions in MEPCO offices to ease their problems related to electricity.

While giving the details of NTDC projects, General Manager GSC NTDC Mr. Wajahat Saeed Rana said that 220 kV grid station Chishtian will provide power to six 132 kV grid stations of MEPCO for subsequent distribution to feeders. He said that NTDC is completing its projects on war footing to connect 50 power plants with national grid. Presently, 37 projects of grid stations and transmission lines are under different stages of completion. NTDC has recently connected 1320 MW coal fired power plant and 1230 MW RLNG Bhikki Power Plant. Whereas transmission line for 230 MW Haveli Bahadur Shah will be connected soon since its transmission line has already been completed. 90 percent construction work of 500 kV Neelum Jhelum Transmission Line has also been completed. To evacuate power from under construction power plants with 4000 MW capacity, the  work on 660 kV HVDC transmission line from Matiari to Lahore will be started soon. He said in the jurisdiction of  its projects, NTDC will help deserving and poor students for their education under its CSR initiatives.

GM GSC Wajahat Saeed Rana further said that NTDC has been given task to construct huge infrastructure of the network and NTDC management, engineers and staff are fully committed to complete these project well before time so that the menace of load shedding can be eliminated in the line commitment made by the govt of Pakistan. MNAs, MPAs, reps of local govt, CEO MEPCO and NTDC officers were also present on the occasion.

 

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NTDC Connects 1320 MW Sahiwal Coal Fired Power Plant with National Grid

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 27 Jan 2017:  National Transmission and Despatch Company Ltd (NTDC) has connected 1320 MW Sahiwal Coal Fired Power Plant  with national grid through a 500 kV transmission line under China Pakistan Economic Corridor (CPEC) framework. Construction work of the 5 km long transmission line was completed in November 2016 ahead of its deadline. First unit of Sahiwal Coal Fired Power Plant is expected to start 660 MW power generation in  May 2017 whereas power plant will be fully operational with 1320 MW in June 2017. The power will be evacuated through 500 kV grid station Yousafwala and 500 kV Grid Station Lahore.

                                             

The spokesman has said that 500 kV transmission line Yousafwala- Lahore was closed for a week (20 to 27 Jan 2017) to connect the newly-built 1,320MW Sahiwal Coal Power plant with the national grid. Resultantly, load management was carried out in LESCO, GEPCO and FESCO areas. However, the consumer were provided power through alternative sources. After restoration of the transmission line, the forced load shedding has been ended in aforementioned areas. The addition of 1320 MW before summers will be a great relief for the people of Pakistan.

 

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Financial Close - NTDC Secures Funds of Rs 18 Billion for 250 km 500 kV Engro Thar-Matiari Transmission Line

NTDC HEADQUARTERS, WAPDA HOUSE, LAHORE, 13 Jan 2017 :  National Transmission and Despatch Company Limited (NTDC) has been entrusted by the Government of Pakistan to improve and enhance the existing Electricity and Power Transmission and Desptach network.

In this regard, one of the projects NTDC had to undertake was the development and construction of 250 Kilometer-long 500kV Double Circuit Transmission Line from Engro Thar to Matiari, Hyderabad Switching Station and the construction of Two Line Bays/Shunt Reactor at Matiari Switching Station. This transmission line is of great significance to the country as it will evacuate around 1,200 MW of electricity from the region of Thar where power projects are being set up to utilize indigenous coal as the primary fuel. The total cost of this project being undertaken by NTDC is PKR 22.3 billion.

For this project, NTDC had solicited debt arrangement offers from various Financial Institutions for an amount of PKR 18 Billion along with Letter of Credit Facility of over PKR 15 billion for building transmission network. The consortium of Askari Bank Limited, Faysal Bank Limited and Dubai Islamic Bank Pakistan Limited (DIBPL is also the Sharia Advisor) won the Mandate in December 2015 after a competitive bidding process. The transaction is a combination of Islamic and Conventional mode of financing wherein PKR 6.5 Billion have been arranged in the Conventional Mode whereas PKR 11.5 Billion have been arranged in the Shariah Compliant Mode. These transaction has a door-to-door tenor of 15 years.

To mark the financial close of the transaction, a signing ceremony was hosted by Askari Bank Limited in Karachi on Wednesday, January 11, 2017. Dr. Fiaz A. Chaudhry, Managing Director NTDC was the chief guest on the occasion. The Banks were represented by Syed Majeedullah Husaini, President & CEO Askari Bank Limited, Mr. Nauman Ansari, President & CEO Faysal Bank Limited, Mr. Zubair Haider Shaikh Group Head Corporate, and Investment Banking Dubai Islamic Bank Pakistan Limited along with members of their respective teams.

 

Mr. Wajahat Saeed Rana, GM (GSC) NTDC, Mr. Hammad Ahmed, Finance Director NTDC, Shaikh Waseem Saadat, Additional GM Finance NTDC and Mr. Mohammad Masood Anjum, Deputy Manager Finance NTDC were also present on the occasion.  ###

NTDC- Committed to Meet the Mammoth Tasks , Article by MD NTDC Dr. Fiaz A. Chaudhry & Advertisement on NTDC Projects published in Daily Business Recorder on 28 Dec 2016