ISLAMABAD
\nAlmost 80 percent work has been completed to provide 10 Mega Watt (MW) electricity in Gwadar North Free Zone, a shot in the arms for investors and companies desperately seeking power supply since the establishment of Gwadar North Free Zone.
\nGwadar Port Authority (GPA) as executing agency will complete entire work in the third week of May. Instead over the ground, 300 meters long underground power cables are being laid down from Deep Sea Port grid station with a sub-station recently constructed at the entrance of North Free Zone, Gwadar Pro reported on Monday.
\nThe sub-station has the control panels, HT room and cabinets to manage supply of electricity to the factories in the zone. From the sub-station a 5 km long 132 KV distribution line carrying two feeders of 5 MW each are being laid.
\nOn reaching the factories\u2019 premises inside North Free Zone where companies including Han Geng and Agven are operating, step-down transformers will be installed to supply electricity as per their demands. Sigma, a Karachi based company is constructing the distribution network in the Gwadar North Free Zone.
\nGwadar Prot Authority (GPA) official told Gwadar Pro that in light of joint feasibility survey conducted by Quetta Electric Power Supply Company (QEPSC) and China Overseas Ports Holding Company (COPHC), Gwadar Port Authority (GPA) is executing the entire process with full throttle. Power supply will start from Gwadar Port Grid Station to main entrance of North Free Zone, he explained.
\n\u201cThe Deep Sea Port sole Grid Station was established in 2019 exclusively for Gwadar port and Free Zone through 3 feeders. Since inadequate power was available at the disposal of the QEPSC, Grid Station had to rely on diesel generators for production of thermal power using expensive fossil fuel at high cost in past,\u201d he added.
\nOn a query, he said, \u201cafter power supply work completes the good news is that we will turn off 8.5 MW Diesel Generator and will link up Gwadar Port\u2019s sole Grid Station with three sources.\u201d \u201cOne source is national grid station of Quetta. Second source is Gabd-Remdan of Iran border. Third source is Nag-Besima section of another Iran Border,\u201d he added.
\nCOPHC official said that as matter of fact electricity being produced through 8.5 MW Diesel Generator costs around Rs. 90 per unit. However, after availability of 10 MW power in Gwadar North Free Zone, electricity cost to will be around Rs. 55 per unit.
\nIt means investors and factory owners will enjoy the saving of around Rs. 35 per unit. This will directly Impact financial leverage and production growth not only for current enterprises but also for potential investors,\u201d COPHC official said. <\/p>\n","protected":false},"excerpt":{"rendered":"
ISLAMABAD Almost 80 percent work has been completed to provide 10 Mega Watt (MW) electricity in Gwadar North Free Zone, a shot in the arms for investors and companies desperately seeking power supply since the establishment of Gwadar North Free Zone. Gwadar Port Authority (GPA) as executing agency will complete entire work in the third […]<\/p>\n","protected":false},"author":2,"featured_media":401979,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-401962","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national"},"yoast_head":"\n