Water and Power Secretary Muhammad Younas Dhaga said on Thursday that 1,223 megawatt Balloki Combined Cycle Power Plant would start working from January, 2018.
Talking to the reporters at Balloki plant site, he said by September next year, the plant would start generating two-thirds of its total capacity, adding the work on the project was continuing at fast pace.
The Balloki power plant is a joint-venture of the Harbin Electric International Company Limited and Habib Rafique Private Limited.
He said the world’s best machines were being installed at the plant site.
“It will be one of the most efficient power plants in the world with 61.63 per cent efficiency on R-LNG fuel,” he added.
He said more than Rs 100 billion had been saved in setting up just three new power projects which include Balloki Combined Cycle Power Plant, Haveli Bahadur Shah and and Bhikki power plant.
He said massive savings were being made during installation of the new power plants for the first time which was only due to sheer transparency in all affairs.
The per unit cost of the plant would be Rs 6.30, adding the work on various power plants was under way and sincere efforts were being made to overcome loadshedding till 2018.
National Power Parks Management Company Private Limited (NPPMC) Chief Executive Officer (CEO) Rashid Langrial said the cost of generation of the Balloki power plant stands at $469,000 per megawatt, which was lower than those of other power plants.
“Usually 36 months are needed to set up combined cycle power plant but this plant is being set up in 27 months,” he added.
Earlier, a briefing was given to journalists on the power sector and steps were being taken for ensuring betterment in this regard.
Later, the Water and Power secretary and NPPMC CEO along with Project Manager Li Zan, site manager and other officials took journalists along with them to the Balloki power plant site and showed them various sections of the plant.
