25 August, 2011

Pakistan’s President Asif Ali Zardari directed that procedural formalities concerning Guddu and Uch transmission line projects should be completed in time so that the signing agreement could take place in September this year. Pakistan was facing difficulties in meeting its energy requirements. To improve energy resources the government was focused on building mega hydropower projects in Diamer Bhasha and Bunji.

TBEA has signed a $ 3.5 billion agreement with Pakistan’s NTDC (National Transmission and Despatch Company) and China Development Bank to supply transmission equipment to Pakistan.

The President said, “we need to revamp existing transmission lines and build new ones for efficient transmission on one hand and to reduce line losses on the other.” The contributions of TBEA, the President noted, would contribute significantly towards this end.