The Punjab Transmission and Grid Stations Project (1), a loan project now in progress, has had its loan effective duration extended by the Japanese government until December 31, 2024. On May 3, 2008, the loan agreement was signed, and on that day, JICA granted a project-based loan in the amount of 11,943,00,000 Japanese Yen.
In this regard, the Ministry of Economic Affairs, the Government of Pakistan, and the Japan International Cooperation Agency (JICA) Headquarters, in Tokyo, Japan, have signed the letter of revision of the loan agreement. JICA also approved using the balance of the project finance for flood relief.
The National Transmission and Dispatch Co Ltd (NTDC) will be able to use the remaining balance to replenish essential materials in NTDC warehouses that were urgently used for repair and maintenance of national transmission lines affected by the devastating flood that hit Pakistan in 2022 thanks to the extension of the loan utilization period.
The main goals of this project were to upgrade the transmission lines in Punjab province in order to satisfy the rapidly increasing load demand and to increase the reliability and quality of the power supply by reducing outages and voltage fluctuations.
JICA has assisted NTDC in the construction of three grid stations: a 500kV grid station at Rahim Yar Khan, a 500/220 kV grid station and accompanying transmission line at Faisalabad West, and a 220kV GIS grid station and associated transmission line at Shalamar, Lahore. It is anticipated that the recently built 500/220 kV grid station at Faisalabad West and the related transmission line would soon be operational.
