Page 6 - AsiaElec Week 42
P. 6

AsiaElec                                          HYDRO                                              AsiaElec


       Voith Hydro Shanghai to supply turbines




       for Pakistan’s 800-MW Mohmand Dam




        PAKISTAN         VOITH Group’s Chinese subsidiary Voith Hydro  said Pakistani Prime Minister Imran Khan.
                         Shanghai (VHS) has gained an 800-MW order   Meanwhile, The World Bank agreed this week
                         from China Gezhouba Group Corp. (CGGC)  to provide $1.15bn to fund two power projects
                         to supply four 200-MW Francis turbine gener-  in Pakistan.
                         ator units for Pakistan’s flagship Mohmand Dam   Some $450mn will go to the Khyber Pakh-
                         hydropower plant (HPP).              tunkhwa Hydropower and Renewable Energy
                           VHS said this week that it had signed the  Development project, which the bank says will
                         equipment supply contract in Beijing on Sep-  help Pakistan use more renewable energy and
                         tember 30 for the plant, which is being built as  cut the cost of electricity production.
                         part of the China–Pakistan Economic Corridor,   It will see two dams being built – the 157-MW
                         which itself forms a major element of China’s Belt  Madyan dam and the 88-MW Gabral-Kalam
                         and Road Initiative (BRI).           dam – as well as possible solar projects.
                           The contract also covers online monitor-  The rest of the money will fund a transmis-
                         ing systems, with the first generator unit set to  sion line from the Dasu Dam, a massive gravity
                         be commissioned by 2025 and all four coming  dam under construction on the River Indus in
                         online by 2026.                      the Kohistan District of Khyber Pakhtunkhwa
                           A consortium of China Gezhouba Group, a  Province.
                         subsidiary of ENERGY CHINA, and DESCON   When the first stage is complete, in early
                         Power Solutions of Pakistan is building the 800-  2025, it is expected to generate up to 2.2 GW of
                         MW Mohmand Dam plant.                electricity, although the eventual capacity will be
                           The Mohmand Dam HPP is situated in the  4.3 GW.
                         Khyber Pakhtunkhwa Province of Pakistan.  The World Bank will provide $700mn to this
                           It is the first flagship project to be funded by  scheme, alongside the Industrial and Commer-
                         the new government of Pakistan led by Imran  cial Bank of China ($1.5bn), Deutsche Bank
                         Khan.                                ($1bn) and Aga Khan Development Network
                           The project will offer approximately 6,000  ($500mn).
                         jobs for Pakistan at the peak period of construc-  Pakistan’s power sector desperately needs
                         tion and generate an annual average of 2,862  new investment to drive economic growth.
                         GWh of clean power at full operation.  The Asian Development Bank (ADB) recently
                           In addition, the project will offer 140mn  said that the country’s power sector needs $10bn
                         cubic metres of drinking water per year to local  to meet demand for electricity and to support
                         citizens. Its annual revenue will be approximately  economic growth, with debts and unpaid bills in
                         €320mn ($380mn).                     particular holding back investment.
                           “The Mohmand hydropower plant has been a   While Pakistan is open to Western funding
                         dream project for years of both the Pakistan gov-  supported by the ADB, it is also a major recipient
                         ernment and the people. The construction is of  of Chinese funding, and is a major strategic pivot
                         great significance. Once completed, the project  in Beijing’s BRI, with the Mohmand Dam just the
                         will help mitigate flood disasters, enhance food  latest Chinese-supported infrastructure project
                         safety, alleviate power shortage and further drive  under construction.™
                         Pakistan’s social and economic development,”



























       P6                                       www. NEWSBASE .com                         Week 42  21•October•2020
   1   2   3   4   5   6   7   8   9   10   11