Wednesday, August 17 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Today's News
Yesterday's News
Week of Aug 15
Week of Aug 08
Week of Aug 01
Week of Jul 25
Week of Jul 18
By Topic
By News Partner
Gas News
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Power News > News Article

    Share by Email E-mail Printer Friendly Print

    New Electricity Market Regime to Attract More Chinese Investment

    June 27, 2022 - Financial Services Monitor Worldwide


      The introduction of a wholesale electricity market in Pakistan will attract more Chinese investment in the renewable energy sector of the country, an investment expert told Gwadar Pro.

      National Electric Power Regulatory Authority (NEPRA) on June 6 awarded market operator license to Central Power Purchasing Authority-Guarantee (CPPA-G) under the Competitive Trading Bilateral Contract Market (CTBCM) initiative.

      The new regime allows large consumers of 1 megawatts or above to directly purchase electricity from the generation or transmission company of their choice at mutually-agreed tariffs and terms and conditions. The new regulations will also allow the generation companies to utilise existing transmission lines to supply electricity to their clients in case of remote generation facilities.

      Pakistan was struggling from the last 30 years to implement this regime, NEPRA said.

      CTBCM will open Pakistans power sector, especially the renewable energy market, to international investors. As Chinese renewable energy firms are already involved in several solar and wind energy projects in Pakistan, they will be able to play a lead role as they have better knowledge of the local market dynamics, an investment analyst with Dubai-based Burj Capital said. He said that as the Chinese firms executing larger projects, they will engage local firms for smaller projects, thus expanding opportunities for Pakistani companies as well.

      For example, Huawei is already establishing its mark in the Pakistani market with its solar inverters by providing quality devices at affordable costs.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.