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PM Nawaz inaugurates 1180 MW LNG-fueled Bhikki power plant

04:36 PM | 19 Apr, 2017
PM Nawaz inaugurates 1180 MW LNG-fueled Bhikki power plant
SHEIKHUPURA - Prime Minister Muhammad Nawaz Sharif inaugurated the Bhikki power plant on Wednesday, adding 717 MW to the national grid in order to alleviate the load shedding in the country.

The Prime Minister was accompanied by Chief Minister Punjab Shehbaz Sharif, Punjab Governor Muhammad Rafique Rajwana, Minister for Water and Power Khawaja Muhammad Asif, Minister of State Abid Sher Ali, and Chinese Ambassador Sun Weidong.

The Prime Minister was earlier briefed about the salient features of the project. He was taken around the control room of the plant and was informed about its highly efficient environment-friendly operations.

The plant would save Rs 250 billion in operational cost alone over the next 30 years. The highest output gas plant was built at the lowest cost ever leading to the lowest production cost in the world of $466,000 per megawatt (MW).

The Bhikki power plant, a key project of the Punjab government, upon completion would provide a total of 1180 MW.

The project runs on General Electric 209HA Combined Cycle Technology, being executed by Harbin Electric International as EPC Contractor.

The project, near Sheikhupura, has been completed jointly by AEPL, General Electric, Harbin Electric International and their construction contractor Tianjin Electric.

Prime Minister Nawaz Sharif termed the completion of the gas power plant in 18 months a record and said that owing to the transparent bidding the government saved a huge amount of Rs 50 billion. He said the plant would provide power at the cheapest rate of Rs 7.37 per unit.

He was informed that the plant would also have a record efficiency of 61.59 per cent as compared to other power generation plants in the country.

The Prime Minister, who earlier visited the project in February this year to monitor its progress, said that eliminating load shedding from the country was his government’s major challenge.—APP

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Currency Rates in Pakistan Today - Pak Rupee to US Dollar, Euro, Dirham, Riyal 19 May 2024

Pakistani currency rates against US Dollar and other currencies on May 18, 2024 (Saturday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.4 for buying and 280.35 for selling.

Euro stands at 297 for buying and 299.5 for selling while British Pound rate is 348.5 for buying, and 352 for selling.

UAE Dirham AED was at 75.25 and Saudi Riyal came down to 73.50.

Today’s currency exchange rates in Pakistan - 19 May 2024

Currency Symbol Buying Selling
US Dollar USD 277.4 280.35
Euro EUR 297 299.5
UK Pound Sterling GBP 348.5 352
U.A.E Dirham AED 75.25 76
Saudi Riyal SAR 73.5 74.25
Australian Dollar AUD 181 183
Bahrain Dinar BHD 747.77 755.77
Canadian Dollar CAD 203 205
China Yuan CNY 38.49 38.89
Danish Krone DKK 40.25 40.65
Hong Kong Dollar HKD 35.96 36.31
Indian Rupee INR 3.33 3.44
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 913.28 922.28
Malaysian Ringgit MYR 58.69 59.29
New Zealand Dollar NZD 169.45 171.45
Norwegian Krone NOK 25.67 25.97
Omani Riyal OMR 730.59 738.59
Qatari Riyal QAR 76.41 77.11
Singapore Dollar SGD 203 205
Swedish Korona SEK 25.67 25.97
Swiss Franc CHF 309.01 311.51
Thai Baht THB 7.57 7.72

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