Chinese company projected establishment of solid waste power plant in collaboration with NEPRA
KARACHI: A Chinese company is interested for establishing a municipal solid waste power plant, and has applied for a generation license from the National Electric Power Regulatory Authority (Nepra).
A subsidiary of Chengdu Xingrong Environmental Co, Lahore Xingzhong Renewable Energy has uttered interest in establishing a municipal solid waste power plant at a price level of approximately $140 million.
The plant is predictable to come online by end of April 2021 and NEPRA will be revealing the levelized tariff in January of $0.10 per kilowatt- hour for municipal solid waste power plants for a duration of twenty-five years.
The total production capacity for these solid waste power plants has been constrained at 250MW across Pakistan.
For every province and federal territory, the share of each would be 50MW.
Nepra’s tariff determination was established on the project cost of $3.5 million per megawatt, at considerate reference prices in the region.
Across the country, over 20 million tons of municipal solid waste is generated with 2.4 percent yearly growth.
Pakistan’s major urban cities Islamabad, Lahore, Karachi, Quetta and Peshawar are confronting major challenges in addressing issues of urban waste.
Due to increasing environmental related issues, many countries are on the verge of initiating tariff for municipal waste power plants, which is benefitting the nation in both ways, that is generation of electricity as well as proper waste dumping.
Chengdu Xingrong Environment Co., Ltd. primarily produces and sells water in China. It extracts, purifies, transports, and sells water through water pipeline network.
It also provides municipal sewage, household wastewater and sludge, and garbage leachate treatment services; and reclaimed water services.