A power ministry official said the contractor was required to hire at least 25 percent local workforce for on-job training and would be penalised in case of the plant’s efficiency falling below 44 percent, but any higher efficiency gain would directly go to the contractor.
The power ministry said the decision to outsource operation and maintenance of the Nandipur power plant was in pursuance of the recommendations of the regulator and to bring state of the art and efficient practices in power plant management.
The ministry claimed that the plant had been fully operational since its completion in July 2015 and was now running on furnace oil. The plant has been in the media for closures and shutdowns and a subject of Nepra’s criticism.
The ministry said work was under way to run the plant on natural gas for which an 88 km pipeline was being laid.
“The plant’s conversion into gas operation, which is expected to be completed by the end of April 2017, will significantly improve its performance, reduce operating costs, and result in overall improvement” said a statement.
It is relevant to mention that the Ministry of Water and Power informed the Public Accounts Committee (PAC) in August last year that the Nandipur power project generated 250 instead of the calculated 425 MW of energy.
'The plant is giving variable electricity production cost; last month it stood at Rs7.25 per unit,' he said, adding that the plant was producing 250MW, but could generate 425MW if run on full capacity.
The incumbent government faced much criticism for the same power plant due to confusion prevailing over the exact generation capacity and cost of electricity produced. The tariff is still a mystery, raising eyebrows of economic experts.
Pakistani currency continues to gain against US Dollar and other currencies on April 18, 2024. US dollar was being quoted at 277.2 for buying and 280.3 for selling.
Euro comes down to 293 for buying and 296 for selling while British Pound stands at 342.25 for buying, and 345.65 for selling.
UAE Dirham AED was at 75.25 and Saudi Riyal's new rates was at 73.30.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 277.2 | 280.3 |
Euro | EUR | 293 | 296 |
UK Pound Sterling | GBP | 342.25 | 345.65 |
U.A.E Dirham | AED | 75.25 | 75.95 |
Saudi Riyal | SAR | 73.3 | 74.05 |
Australian Dollar | AUD | 181 | 182.8 |
Bahrain Dinar | BHD | 739.63 | 747.63 |
Canadian Dollar | CAD | 201 | 203 |
China Yuan | CNY | 38.45 | 38.85 |
Danish Krone | DKK | 40.45 | 40.85 |
Hong Kong Dollar | HKD | 35.57 | 35.92 |
Indian Rupee | INR | 3.32 | 3.43 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 902.26 | 912.91 |
Malaysian Ringgit | MYR | 58.24 | 59.52 |
New Zealand Dollar | NZD | 164.75 | 169.63 |
Norwegians Krone | NOK | 25.42 | 25.68 |
Omani Riyal | OMR | 722.1 | 730.1 |
Qatari Riyal | QAR | 76.37 | 77.05 |
Singapore Dollar | SGD | 206 | 208 |
Swedish Korona | SEK | 25.72 | 26.02 |
Swiss Franc | CHF | 307.11 | 309.61 |
Thai Bhat | THB | 7.56 | 7.76 |
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