The Global Social Network
Started by salim mastan Oct 21, 2008.
Started by Ali Hasan Cemendtaur Sep 22, 2007.
Started by Ali Hasan Cemendtaur Sep 19, 2007.
Here's a Daily Times story on Pak NEPRA incentives for electricity from sugarcane bagasse:
The National Electric Power Regulatory Authority (NEPRA) on Thursday approved Rs 10.50 per unit as upfront tariff for power generation through sugar mills by utilising sugarcane bagasse.
According to the NEPRA spokesman, this upfront tariff is approved to encourage sugar mills to generate around 1,500 megawatts (MW) on fast track basis.
At present hydel generation is costing Rs 2.50 per unit, generation through natural gas is costing around Rs 5.0 per unit, thermal generation from Rs 14 to Rs 18 per unit and electricity generated through diesel is costing Rs 23 to Rs 28 per unit in the country.
The approval of upfront tariff for sugar mills would encourage sugar mills to plan their investment in this new sector for steering out the country from power crisis faced by the nation during the last decade.
The government has plans to generate around 3,000 MW cheaper electricity through sugarcane bagasse on fast-track basis and investors would be facilitated and encouraged.
Necessary amendments would also be made in the existing co-generation and renewable energy policies to make it simplified and investor-friendly.
In a recent meeting on fast-track development of bagasse-based power generation projects it was informed that the government was utilising all the resources to end the energy crisis and the power generation from bagasse would be another step to produce electricity from indigenous resources.
Pakistan Sugar Mills Association (PSMA) has been taking interest in the bagasse-based power projects and time and again assured the government to provide full cooperation.
Approval of the upfront tariff was lingering on since a few years. During the last two governments, hectic efforts were made to utilise bagasse for cheaper power generation. Initially 1,500 MW would be completed on fast-track basis. The meeting had also reviewed in detail the existing co-generation and renewable energy policies and discussed various proposals to simplify it in order to get benefit at the earliest.
It has been felt necessary that amendments in the existing policies would help alleviate the power crisis in the country. It was decided that the Alternative Energy Development Board (AEDB) would process the bagasse-based projects under renewable energy policy.
A committee was also set up to finalise the recommendations in consultation with all the stakeholders so that approval could be taken from the competent forum to start the projects.
AEDB and PSMA have already informed the government that Pakistan was the fifth largest producer of sugarcane with production of 50 million tonnes of sugarcane annually, yielding over 10 million tonnes of bagasse.
Power generation from bagasse would not only reduce the furnace oil import, but even save Rs 33 billion to Rs 49 billion of foreign exchange per annum. The country has 87 sugar mills with a capacity to generate 3,000 MW electricity from bagasse in winter season
http://www.dailytimes.com.pk/default.asp?page=2013%5C05%5C24%5Cstor...
Comment
South Asia Investor Review
Investor Information Blog
Haq's Musings
Riaz Haq's Current Affairs Blog
Barrick Gold CEO Mark Bristow says he’s “super excited” about the company’s Reko Diq copper-gold development in Pakistan. Speaking about the Pakistani mining project at a conference in the US State of Colorado, the South Africa-born Bristow said “This is like the early days in Chile, the Escondida discoveries and so on”, according to Mining.com, a leading industry publication. "It has enormous…
ContinuePosted by Riaz Haq on November 19, 2024 at 9:00am
Citizens of Lahore have been choking from dangerous levels of toxic smog for weeks now. Schools have been closed and outdoor activities, including travel and transport, severely curtailed to reduce the burden on the healthcare system. Although toxic levels of smog have been happening at this time of the year for more than a decade, this year appears to be particularly bad with hundreds of people hospitalized to treat breathing problems. Millions of Lahoris have seen their city's air quality…
ContinuePosted by Riaz Haq on November 14, 2024 at 10:30am — 1 Comment
© 2024 Created by Riaz Haq. Powered by
You need to be a member of Renewable Energy Buffs to add comments!