Islamabad – Tarbela 4th extension Hydroelectric project (1,410 MW), completed in 2018 by the PML (N) government, won the World Bank admiration for the successful implementation and efficient operation. According to the World Bank Tarbela 4th completion under budget, estimates are very scarce in the world and over the past two years the project benefits are double its investment cost. This was recognized in the aide-memoire of the World Bank Implementation Support Mission, recently shared with the Ministry of Water Resources, Ministry of Energy – Electricity Division and Division of economic affairs, government of Pakistan. According to the spokesperson for WAPDA, a 7-member World Bank mission inspected from December 1 to 8, 2020 to examine the status of implementation of the 4th Tarbela extension. Hydroelectric project. The mission consisted of an energy specialist and a head of mission, a senior purchasing specialist, an advisor, a social development specialist, an environmental specialist, an operations manager and a program coordinator. “The World Bank congratulated on the successful implementation and efficient operation of the 4th extension of 1410 MW-Tarbela Hydroelectric project, completed in 2018 in a phased manner, ”said the spokesperson.
Works on the 4th extension of Tarbela Hydroelectric project was launched in October 2013 by the previous government and inaugurated on March 10, 2018 by then Prime Minister Shahid Khaqan Abbasi. Highlight the production of electricity and the financial benefits of the 4th Tarbela extension Hydroelectric project since commissioning, the World Bank’s aide-memoire indicates that “More than 12,000 gigawatt hours (GWh) have been generated since commissioning in 2018. The value of the electricity produced for the country is over of $ 1,560 million on a value of 13 US cents. kilo Watt-hour (kWh), which is the production cost of liquefied natural gas (LNG) plants. The benefit is about double the capital cost of the project ”. The World Bank’s aide-memoire also appreciates the success of the 4th Tarbela extension Hydroelectric project saying, “The project has been very successful, starting production on time and costing approximately 10 percent less than the estimated budget at the time of Bank approval. It is very rare for hydroelectric projects in the world.
Tarbela 4th extension Hydroelectric project of 1,410 MW (more than Mangla) helped meet Pakistan’s electricity needs, triggering the socio-economic development of the country. With the completion of the 4th extension of Tarbela Hydroelectric project, Tarbela’s installed production capacity increased from 3,478 MW to 4,888 MW.