Sindh govt decides to set up its own provincial grid company to rely on its own power transmission lines and infrastructure.
The transmission lines will connect a massive wind power corridor in Jhimpir, Thatta to the national grid station and supply power to K-Electric and other consumers in the province.
Sindh govt said in a statement, “After the establishment of PGC, the first step of the company will be to construct new grids and transmission lines in Jhimpir area to resolve the long pending issue of evacuation of power.”
The Sindh government will construct a new provincial transmission network in the wind corridor to harness the wind power potential. The proposed new network would complement the national grid capacity and provide carrier facility and wheeling service to all potential investors interested in the development of the wind corridor, it further said.
The government of Sindh has also sanctioned Rs50 million for conducting a feasibility study for the development of an initial business model and carrying out interconnection and grid studies, it said.
Moreover, the government of Sindh will wholly own the provincial grid company and will meet all its financial and operational needs. “Sindh govt has also guaranteed the minimum solvency requirements,” it said.