Project: 40.8 MW Koto Hydropower Project
Location:
Timergara Dir
(Lower)
Weir: 34 51'53.5"N,
71 54'56.04"E
Powerhouse: 34 51'15.39"N, 71 52'7.73"E
Brief:
Project
was Identified by PEDO-GTZ : |
1992 |
Conduction
of Feasibility Study: |
2008-2011
(31 MW) |
Feasibility Study Review: |
2014 (40.8 MW) |
Original
PC-I: |
Rs.
8814.63 Million |
Approved
by ECNEC: |
August
28, 2013 |
Feasibility
Review: |
2013-14 |
Revised PC-I Cost: |
Rs. 13998 Million |
ECNEC
Approval: |
July
10, 2017 |
EPC
Contract was awarded: |
December
10, 2014 |
Commencement
of Construction work: |
Feb 02,
2015 |
Original
Project completion: |
Feb 01,
2019 |
Tentative
Project Completion time: |
October
31, 2021 |
Salient Features:
Capacity |
40.8 MW |
Discharge |
126 m³/s |
Net Head |
38.63 m |
Tunnel |
1883 m |
Annual Energy |
205 GWh |
Tariff |
EPC Stage tariff submitted |
Objectives:
i)
The main objective of development of power
sector is to provide adequate facilities for the generation, transmission and
distribution of electrical energy keeping in view the present severe power
shortage and future requirements for industrial, agricultural and economic
development of the country.
ii)
The prime objective of the implementation of
this project is to develop the power potential available in Khyber Pakhtunkhwa,
on sustainable basis and thus provide cheaper, renewable, environment friendly
and most needed power, keeping in mind the present and future requirements of
Pakistan, especially rural and remote areas of
Khyber Pakhtunkhwa,.
iii)
In order to meet the challenges of the project
construction, operation and maintenance in professional manner, the hydel
projects can be developed by the;
a) Public Sector
b) Public Private Partnership
c) Private Sector
The energy generated
by this project shall be sold to Central Power Purchasing Agency (CPPA)
Benefits of the Project:
a. Financial Benefits:
i) The hydropower project is highly
beneficial due to less unit cost and will help in saving foreign exchange on
import of thermal fuels.
ii) The financial benefits of the project
over 50 years life has been calculated on proposed Sale Price of Rs.9.63 per
kWh. The Financial Internal Rate of Return (FIRR) has been worked out as 12.49
% which make the project financially viable.
iii) Generation cost worked out to be Rs. 6.12
KWh (5.81 US cents) over the useful life of the project and cost per MW of
installed capacity being Rs.342.84 million (3.25 million US$) are also
attractive to reflect the financial benefits of the project.
iv) The revenue of Government would increase
due to direct and indirect taxation, duties, and levies on the production of
goods and services that will arise from the power generation within the project
area as well as from the electricity duty collected by the Government of Khyber
Pakhtunkhwa or any other Govt. Agency i.e. PESCO.
b. Economic Benefits
The economic
analysis of the project has been carried considering power benefits to the
overall economy as a consequence of least cost optimal development of the
hydropower potential in the country. For this purpose the benefits from the
proposed thermal plants have been evaluated in term of costs foregone for
providing an equivalent thermal generation.
The results of the
analysis show that the project is technically sound and economically viable.
Based on combined cycle gas combustion turbine, the EIRR is worked out as 19.24
%.
c. Social Benefits
The project will
supply 40.8 MW of power and generate 205 GWh of energy annually which will
assist in meeting power demand of the country. The project has long service
life as there is no reservoir sedimentation problem. The project will implement
several programs that are designed to improve living standard of the area.
These programs will provide improved health, education and infrastructure
facilities while other programs will provide alternative source of income and
create employment opportunity.
The project will
avoid annual gas releases of about 71,100 tones of CO2 from an equivalent gas
thermal plant and 129560 CO2 from diesel thermal plant which have a
corresponding reduction in atmospheric pollution.
The Hydel project
play an important role in the country’s economy due to utilization of
indigenous energy resource, in reducing load shedding and saving of foreign
exchange required to import thermal fuel.
Estimated Annual Energy to be exported: 205 GWh
NEPRA Tariff (claimed):
|
Rs/Kwh |
¢/kWh |
Average Tariff for 1-10 Years |
18.3087 |
11.8120 |
Average Tariff for 11-30 Years |
9.6251 |
6.2097 |
Average Tariff for 1-30 Years |
12.5196 |
8.0772 |
Levelized Tariff |
15.2851 |
9.8614 |
Tentative Completion Date of the Project: Dec,
2021
Consultants: Electra Consultants in association with
Integration Germany
Contractor: EPC Contractor (Sichuan-Sarwar-Silian-Chongqing
Luyang JV)
Pictures of the Projects
Weir and Intake Aerial view
Under sluices and Intake Front view
Box Channel
Sandtrap Aerial View