165 MW Attock power plant gets commissioned

Lahore: The 165 MW Power Plant of Attock Gen Limited will be inaugurated today.

The project is the first power sector venture of the Attock Group of Companies under Power Policy 2002. It has a vital significance at this crucial point in time when the country needs additional power supply to overcome the power shortage due to continuously rising demand of energy and the accumulated backlog due to neglect of the power sector during the last eight years.

The country is facing demand and supply gap of almost 3,500 MW. However, the government has resolved firmly to bridge this gap through additional generation and conservation measures. The recent series of 'Fast Track' initiatives is likely to result in installation of power plants to the tune of 4000-5000 MW by the end of this year.

Currently, PPIB has issued Letters of Interest to 36 power projects of more than 10,000 MW of cumulative power generation capacity, while 14 projects totalling 2,759 MW of cumulative power generation capacity have been issued Letters of Support, out of which 12 projects of 2,539 MW of cumulative power generation capacity have already achieved Financial Close and are marching towards commissioning.

The Attock Gen is the first power plant under 2002 Power Policy which is based on indigenously produced environment friendly fuel. This plant, along with other power plants coming up in the near future, vindicates the confidence of the investors in investment-friendly policies of the present government.

Governor Punjab, Federal Ministers, Secretary Water and Power, Managing Director Private Power and Infrastructure Board and a large number of government officials and other dignitaries from different walks of life will attend the inauguration of Attock Gen Power plant. After the commissioning of Attock Gen Plant, the Ministry of Water and Power has scheduled one inauguration of new power plant every month till December 2009.