KARACHI: Karachi Electric (KE) has announced the launch of TP-1000 Transmission Enhancement Plan of $400 million is collaboration with Siemens Germany/Pakistan and Shanghai Electric of China. The project aims to add 1000 MVA in the transmission and distribution infrastructure and will ensure a smoother and more reliable supply of power to KE customers in Karachi and its adjoining areas. The TP-1000 Project is part of the overall future investment plan of $2.2 billion by KE.
An event in this regard was held at K-Electric’s Combine Cycle Power Plant in Korangi Karachi, where Minister for Water and Power Khawaja Asif was the chief guest. Senior Finance Minister of Sindh Syed Murad Ali Shah was present on the occasion.
KE would add eight new gird stations comprising 220 kV and 132 kV network, bay extensions, six new auto transformers, and efficiency expansion plan for 21 existing grid stations which will also include addition of 30 power transformers and more than 400 new 11 kV feeders to cater to the grid growth. Ten new 220 kV and 132 kV double and single circuit transmission lines of approximately 130 Km would also be laid out whereas three existing 220 kV and 132 kV transmission circuits would be rehabilitated to increase the current carrying capacity and reliability.
An additional Disaster Recovery Centre would help cope with emergency situations whereas new Transmission Lines, circuits and grids would help decrease the fault ratio and increase reliability and supply of electricity.
Khawaja Asif appreciated the successful launch of TP-1000 and said that KE had emerged as a pioneering and progressive utility. TP-1000 represents a landmark achievement and we hope it establishes a precedent for other power companies to follow.
Syed Murad Ali Shah said that KE is one of the world’s few remaining vertically integrated utilities which is strategically associated with the people, business and the industries in Karachi. This project is a reflection of KE vision and he firmly believes that it will go a long way in achieving the company’s long term aim.
KE’s CEO Tayyab Tareen stated that this $400 million investment project is a consortium of Siemens Germany, Siemens Pakistan and Shangai Electric Group of Companies and this marks the confidence of foreign investors and companies in KE and in Pakistan. This is part of KE’s vision to have affordable and uninterrupted power supply to its valued customers, he added.