Month: June 2021

Generation capacity of 57,204MW needed by 2030, says paper

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ISLAMABAD: Even though the government appears to be slowing down ongoing power projects, it will have to increase generation capacity by 35-40 per cent from about 34,501MW to 57,204MW by 2030. According to the Indicative Generation Capacity Expansion Plan (IGCEP), 2030, prepared by the National Transmission and Dispatch Company, the annualised compound growth rate (ACGR) of 3.3pc to 4.6pc is required. The net present value (NPV) of investment required to manage generation infrastructure’s construction and operations by 2030 has been estimated to range between $31.6 billion and $32.2bn. The NPV…

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LONGi guarantees the quality of its product, which

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LONGi guarantees the quality of its product, which helps customers secure the total lifecycle performance of their PV plants With technological and industrial expertise accumulated over the past two decades, LONGi released at SNEC 2021 the industry’s first “Lifecycle Quality” standard. Based on the concept of “customer value first”, “LONGi Lifecycle Quality” will ensure that LONGi products will perform reliably throughout the lifespan and help our customers realize the high returns on investment throughout the entire lifecycle of their PV power plants. Under its brand concept of “Steadfast and Reliable,…

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CPEC — where do we stand?

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In the previous two columns, we laid out the agreed framework of China-Pakistan Economic Corridor (CPEC), trying to clear perceptual fog around this vital project, and recalling its immense scope and expanse. This column discusses the on-ground progress, vis-à-vis the ‘eight core areas’ of CPEC. First, the integrated transportation system. There are five road projects and two rail projects under this core area. The roads are: a) The 118-km Thakot-Havelian (an early harvest project) almost complete and operational; b) The remaining portion of 136-km stretch of KKH between Thakot-Raikot (N-35), awaiting…

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Russia’s LNG Boom Hinges On Foreign Tech

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Living the seventh year of sectoral sanctions that target its prospective oil and gas projects, Russia has grown accustomed to living under pressure. Sanctions have made it much more difficult to lend money, more difficult to secure viable partnerships and get access to state-of-the-art technologies. Going beyond the day-to-day challenges, there is one thing that has been missing from Russia’s portfolio – a breakthrough within its import substitution drive. Developing and commissioning its own liquefaction technology might have been just that, a resolute statement that Russian companies can overcome the…

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China’s Journey To The Center Of The Earth – For Rare Minerals

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The recent $3 billion sale of Chile’s Compañía General de Electricidad to China’s State Grid Corporation brought total Chinese control of electricity transmission in Chile up to 57%. Similar PRC acquisitions and projects are currently being advanced in Ecuador, Bolivia, Argentina, Honduras, Peru, and Columbia, where corporations are building hydropower, wind, and solar power stations. But China’s energy push into Latin America is not limited to infrastructure. This is fast becoming a multi-pronged approach that also includes the securing of critical minerals, particularly rare earth elements (REEs). The United States, meanwhile,…

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