Inside Financial Markets

K-Electric begins construction of 220kV Port Qasim grid station

K-Electric has initiated construction of Port Qasim Grid Station along with 220kV Double Circuit Transmission Lines with an estimated investment of US $ 71 million. The ground breaking of 220KV Port Qasim Grid Station, which spreads over an area of 11 acres, was performed by Dale Sinkler, Chief Generation & Transmission Officer, K-Electric.

The grid station is expected to commence commercial operations by Q1, 2019 and is a part of US $ 450 million project TP-1000 (Transmission Enhancement Plan).

On this occasion, Dale Sinkler, Chief Generation & Transmission Officer, K-Electric said, “The Port Qasim Grid Station is the heart of TP-1000. It will help enhance the capacity and stability of KE’s transmission network by exclusively dispatching 1,150MW of electricity thus further enhancing reliability of power supply across our network.”

The development work of TP-1000 is also progressing on a fast track. Besides the Port Qasim grid station, ground breaking of 3 grid stations namely Old Golimar, Labour Square and Shadman has also been carried out. Moreover, efficiency expansion of existing grid stations is also underway.

K-Electric through TP-1000 will add 7 new grid stations comprising 220KV and 132kV network, bay extensions, six new auto transformers, efficiency expansion plan for 21 existing grid stations which will also include addition of 30 power transformers and more than 400 new 11kV feeders to cater to the growing demands of the city.

Ten new 220KV and 132KV double and single circuit transmission lines of approximately 130km would also be laid out whereas three existing 220kV and 132KV transmission circuits would be rehabilitated to increase the power carrying capacity and reliability.

An additional disaster recovery centre for SCADA/telecommunication is to be connected which would help cope with emergency situations and reducing response time and fault rectification, whereas new transmission lines, circuits and grids would help decrease the fault ratio and increase reliability and supply of electricity.

K-Electric is committed to ensure provision of affordable and reliable energy solutions to its consumers; since 2009 the utility has invested $1.2 billion and added 1037 megawatt added to its generation capacity.

The continuous stream of investment from KE has further strengthened the power infrastructure and reinforces its long-term commitment to serve the people of Karachi.

Baqar Hussain

A Wannabe CFO, just had stepped in the corporate sector, willing to explore every aspect here and learn as mush as i can, awareness for those who dont, get the info where ever possible and stay up to date always.

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Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)