Karachi: The National Transmission & Despatch Company (NTDC) has initiated the construction work of 220KV Jhampir 2 grid and interconnecting transmission lines in a bid to induct clean renewable energy in the system, according to news sources.
NTDC Managing Director (MD) Zafar Abbas on Thursday said that the project’s execution would be carried out through NTDC’s own sources. He further stated that the Jhampir 2 project would consist of 11 wind plants (in its first phase) and a commutative capacity of 600MW.
According to the company’s estimate, the cost of preparation of PC-I of the 220KV Jhampir 2 grid project is PKR 10.753 billion and the funding required amounts to PKR 6.4 billion. The company is in talks with a consortium of banks to finalise terms and conditions of this funding.
The NTDC hopes to establish its own strength in the market
with this loan, which is likely to become a precursor for more funding of
upcoming transmission line projects.
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