CASA-1000 Agreement to get Expensive Electricity for Pakistan

Electricity price reduced by Rs 4.35 per unit | PakistanTribe.Com

Pakistan Tajikistan Electricity. PakistanTribe.Com

ISLAMABAD – With the backing of US and the World Bank, Pakistan has finally broke the much awaited deal Central Asia – South Asia (CASA) 1000 to import 1000 MW electricity, PakistanTribe reported.

Federal Minister for Electricity and Water Khawaja Muhammad Asif flew to Istanbul to broke the final deal. Later he tweeted:

The project, aimed at easing energy shortages in Pakistan and utilizing surplus power in Tajikistan. It has the backing of the US and World Bank, which has approved millions of dollars in financing to execute the programme.

Tajikistan will charge 5 cents per unit from Pakistan to share its surplus energy with Pakistan. Moreover, Afghanistan aims to charge 2 cents per unit as transit fee from Pakistan. However, no agreement with Afghanistan in terms of transit rate could be reached.

PakistanTribe learn from correspondent reports that officials pointed out that despite finalizing the tariff, a major challenge still stood in the way of the project as power transmission lines would have to pass through war-torn Afghanistan.

According to experts, the US is playing a lead role in striking the power supply deal between Pakistan and Tajikistan. It has also pushed Pakistan to press on with the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project. But both power transmission lines and the gas pipeline will snake through Afghanistan.

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About the author

Hissan Khan

Hissan Khan is currently working as the Editorial Head of Pakistan Tribe's Islamabad Office. Having work as current affairs host, news analyst and C4D expert, Hissan holds a good command over communication and development strategies.

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