Power generating system: US to give $125 million, Germany euro 97 million, National Assembly told

The United States would give $125 million grant while Germany euro 97 million loan to Pakistan for installation of power generating system using different technologies. While responding to questions in the National Assembly on Monday, Minister for Water and Power Raja Pervaiz Ashraf said the government is seeking assistance from developed countries including Germany and the US for installation of power generating system in the country using different technologies.
"The US and KFW Bank of Germany are assisting through targeted assistance in alternate energy development and institutional capacity building," he said. In this regard, he said the four generation companies rehabilitation programme including Tarbela Hydropower Plant; Jamshoro Power Plant, Guddu Power Plant and Muzaffargarh are under implementation.
In another reply, the minister said Gulf Rental Power Plant installed near Eminabad, Gujranwala has achieved Commercial Operation Date on 29-04-2010 and presently operating at full generating capacity of 62 MW. Pepco was unable to open fuel L/C as required by the contract, despite the fact that the project has been running on full capacity.