In addition, the seller will be entitled to receive an additional cash payout of up to $560,000 ([euro]500,000) based on net cash proceeds received by the park over and above a set annual power output of 10,865 megawatts
The operationalisation of 960 megawatt
NelumJehlum hydropower plant and 1400 megawatt
Tarbella extension have not tilted the balance towards hydel electricity in the overall energy mix.
The meeting was briefed about the progress on 15-Megawatt Hanzal Power Project, Shigar Thang Hydle Project of 26 Megawatts
, Harpo Power Project with capacity of 34 Megawatt
, Chillas Power Project of 4 Megawatt
, Naltar-3 Power Project of 16 Megawatt
, Ataabad Power Project of the capacity of 30 Megawatt
, Gilgit Cardiac Center and other projects.
The people of the area claimed that total requirement of upper Chitral was about nine megawatt
but currently it was being supplied three megawatt
At the beginning of June, the hydel power production came down from 6000 to 3000 megawatt
, 1200 megawatt
Port Qasim Power plant developed fault, load on transmission lines affected the grid stations and 1000 megawatt
Biloki power station stopped operation that led to spike in load shedding, he said.
The plan envisions buying 120 megawatt
of electricity from Israel, which currently stands at 70 megawatt
, raise the electricity generated by the Palestinian power plant to 80 megawatt
from its current 50 megawatt
and increase the supply bought from Egypt from its current 23 megawatt
to 30 megawatt
* New Hampshire only allows systems with under a megawatt
to sell power back to the grid, with a total capacity of 50 megawatts
, to be apportioned by load among the utilities.
A fee of Dh600 will be charged for production of each additional megawatt
, payable from the date of actual electricity production.
In Dhofar region, which covers around 77,000 electricity customers, peak demand is expected to grow at 10 per cent per year, from 420 megawatt
in 2013 to 800 megawatt
"The new project is part of an overall plan to raise the share of the private sector in generating wind power to 67 per cent of a total 7,200 megawatt
capacity by 2020," he added.
"Pakistan is keen to import electricity from Iran and at least 1,000 megawatt
will be exported to Pakistan and 6 megawatt
will be exchanged between Iran and India, as well," he said.
The contract is to add around 132 megawatts
of renewable energy for utility customers during the next 20 or more years.