Islamabad: The National Electric Power Regulatory Authority (NEPRA) has authorised a bold plan to increase power generation capacity from 34,776 megawatts now to 61,112 megawatts by 2030.
According to NEPRA, Pakistan’s first ever “Indicative Generation Capacity Expansion Plan 2021-30” envisions Alternative and Renewable Energy making up 60% of total installed capacity by 2030.
Oil-based generation capacity will fall from 19 percent to only 2 percent, while domestic coal-based facilities will rise to 6 percent, lowering reliance on imported coal from 11 percent to roughly 8%, according to the report.
According to the proposal, peak demand in 2030 will be 37,129 megawatts, up from 23,792 megawatts now. According to NEPRA, overall consumption in 2030 is expected to be 207,418 GWh, up from 130,652 GWh in 2021.
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According to the National Transmission and Dispatch Company (NTDC) plan, 73 power projects totaling 22,415 MW are now under construction in the country, including the China-Pakistan Economic Corridor (CPEC) initiative. Furthermore, as prospective projects, 143 projects with a total capacity of 10,062 MWs have been optimised. In addition, when the agreement’s provisions are fulfilled, 6,447 MWs of expensive thermal power plants will be retired.