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Pakistan NEPRA State of Industry Report 2015

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Pakistan NEPRA State of Industry Report 2015 State of Industry Report 2015 1 STATE OF INDUSTRY REPORT 2015 CONTENTS FOREWORD ........................................................................................................................................................ 1 1. OVERVIEW ............................................................................................................................................ 5 1.1 China-Pakistan Economic Corridor (C-PEC) Project ..................................................................................5 1.2 Donors’ Support ......................................................................................................................................................5 1.3 Load Shedding .........................................................................................................................................................5 1.4 Reduction in the Cost of Generation ..............................................................................................................5 1.5 Tariffs of Renewable Energy Projects ..............................................................................................................6 1.6 Performance of GENCOs ......................................................................................................................................6 1.7 Transmission Network NTDC .............................................................................................................................6 1.8 Projected Capacity and Power Balance of NTDC System ........................................................................7 1.9 Expansion Plan of NTDC ......................................................................................................................................7 1.10 Timely Completion of Upcoming Projects ....................................................................................................7 1.11 Power Balance of K-Electric System .................................................................................................................8 1.12 Environmental Impact of Coal Based Power Plants ...................................................................................8 1.13 Infrastructure Development ...............................................................................................................................8 1.14 Data Reporting ........................................................................................................................................................8 1.15 Power Market Reforms ..........................................................................................................................................8 1.16 Receivables of DISCOs ..........................................................................................................................................9 1.17 Transmission and Distribution (T&D) Losses of DISCOs .........................................................................9 1.18 Circular Debt .............................................................................................................................................................9 1.19 Tariff Differential Subsidy ...................................................................................................................................9 1.20 Multi-Year Tariff (MYT) Regime for DISCOs ...................................................................................................9 1.21 Generation Capacity of K-Electric .....................................................................................................................9 1.22 K-Electric Transmission and Distribution Systems ..................................................................................10 1.23 Upfront Tariffs.........................................................................................................................................................10 1.24 Net-Metering Regime..........................................................................................................................................10 1.25 Special Purpose Transmission Licence under Section 19 of NEPRA Act .........................................10 1.26 Recommendations ...............................................................................................................................................11 2. PERFORMANCE OF GENERATION SECTOR ...................................................................................... 15 2.1 General ......................................................................................................................................................................15 2.2 Source-wise Installed Capacity ........................................................................................................................15 2.3 Hydropower ............................................................................................................................................................15 2.4 Thermal .....................................................................................................................................................................15 2.4.1 Jamshoro Power Company Limited (GENCO-I) ........................................................................15 2.4.2 Central Power Generation Company Limited (GENCO-II) ....................................................16 2.4.3 Northern Power Generation Company Limited (GENCO-III) ...............................................16 2.4.4 Lakhra Power Generation Company Limited (GENCO-IV) ....................................................16 2.4.5 Overall Performance of GENCOs ....................................................................................................16 2.4.6 Independent Power Producers (IPPs) ...........................................................................................17 2.4.7 Installed versus Dependable Capacity .........................................................................................17 2.4.8 Manpower to MW Ratio .....................................................................................................................17 vi 2.5 Nuclear (CHASNUPP-I and II) ..........................................................................................................................18 2.6 Wind...........................................................................................................................................................................18 2.7 Bagasse .....................................................................................................................................................................18 2.8 Solar ...........................................................................................................................................................................18 2.9 K-Electric Limited ..................................................................................................................................................18 3. PERFORMANCE OF TRANSMISSION SECTOR .................................................................................. 23 3.1 General ......................................................................................................................................................................23 3.2 Overloading of Existing Power Transformers .............................................................................................23 3.3 Power Dispersal Constraints in Transmission Networks ........................................................................26 3.3.1 Uch-II Power (Pvt.) Limited ...............................................................................................................26 3.3.2 Engro Powergen Qadirpur Limited................................................................................................26 3.3.3 Altern Energy Limited .........................................................................................................................26 3.3.4 TNB Liberty Power Limited ...............................................................................................................26 3.3.5 Habibullah Coastal Power Company Limited ............................................................................26 3.3.6 Foundation Power Company (Daharki) Limited .......................................................................26 3.3.7 Nishat Power Limited and Nishat Chunian Power Limited ..................................................27 3.4 Induction of New Generation Power Plants ...............................................................................................27 3.5 Future NTDC Network.........................................................................................................................................29 3.6 NTDC Financial Plans ..........................................................................................................................................30 3.7 K-Electric Transmission System .......................................................................................................................30 4. PERFORMANCE OF DISTRIBUTION SECTOR ................................................................................... 35 4.1 Constraints in DISCOs’ System ........................................................................................................................35 4.2 Receivables
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