GDPE0652ICR-Pakistan Power Market Outlook to 2030 · PDF filePakistan Power Market Outlook to 2030 Market Trends, Regulations and Competitive Landscape GDPE0652ICR / Published April

Pakistan Power Market Outlook to 2030 Market Trends, Regulations and Competitive Landscape

GDPE0652ICR / Published April 2013

GDPE0652ICR / Published APR 2013 Page 2 Pakistan Power Market Outlook to 2030 – Market Trends, Regulations and

Competitive Landscape © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form

Thermal Installed Capacity Dominates Pakistan’s Power Sector

The cumulative installed power capacity in Pakistan was estimated at XX Megawatts (MW) in 2012. Thermal power, the highest contributor, accounted for a XX% share of cumulative installed capacity, equivalent to XX MW for the year. The installed thermal power capacity grew at a Compound Annual Growth Rate (CAGR) of XX% during the 2000–2012 period.

Pakistan generates the majority of its electricity using coal due to the presence of large indigenous coal reserves. However, due to the changing global outlook on thermal power plants and global initiatives to reduce greenhouse gas emissions, Pakistan is aiming to reduce its reliance on thermal power plants and explore cleaner sources of energy.

Power Market, Pakistan, Thermal Installed Capacity (MW), 2000, 2006, 2012

2000 2006 2012

Ther

mal

inst

alle

d ca

paci

ty (M

W)

Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on October 11, 2012]

Continued Growth in Electricity Generation and Consumption

Pakistan’s rural and urban populations will be almost equal to each other by 2030 (UNPF, 2012). This urbanization has lead to an increased reliance on electronic devices, which has in turn resulted in soaring power demand. The increasing demand from the residential sector and the country’s growing population has resulted in high growth in electricity consumption. Thus, total electricity consumption is expected to be XX Gigawatt hours (GWh) in 2012, and it is expected to increase during the forecast period.

The government is now focusing on increasing power generation, in particular power generation from hydropower, to meet the growing power demand. Electricity generation is estimated to be XX GWh in 2012. The country is also focusing on reducing its thermal dependency in order to reduce its carbon emissions. Therefore power generation from renewable sources is expected to increase in the future.

Power Market, Pakistan, Annual Power Generation (GWh) 2000, 2006, 2012

2000 2006 2012

Ann

ual p

ower

gen

erat

ion

(GW

h)

E Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on October 11, 2012]

The Future of Renewable Energy

Pakistan is one of the fortunate countries that have high wind speeds near their major centers. Additionally, Pakistan has lots of rivers and lakes, which help provide a continuous flow of wind to the turbines situated near them. The country’s wind power potential is estimated to be XX MW. Pakistan also has the potential to generate XX MW of electricity through hydro resources (Sheikh, 2012). By optimally utilizing these potential renewable sources of energy, Pakistan can overcome its energy crisis.



1 Table of Contents 1 Table of Contents ............................................................................................................................ 3

1.1 List of Tables............................................................................................................................. 5 1.2 List of Figures............................................................................................................................ 5

2 Introduction ..................................................................................................................................... 6 2.1 GlobalData Report Guidance ..................................................................................................... 7

3 Pakistan, Power Market, A Snapshot................................................................................................ 8 3.1 Macro Economic Factors ........................................................................................................... 8 3.2 Supply Security ......................................................................................................................... 8 3.3 Generation Infrastructure........................................................................................................... 9 3.4 Transmission Infrastructure........................................................................................................ 9 3.5 Degree of Competition............................................................................................................... 9 3.6 Regulatory Scenario.................................................................................................................. 9 3.7 Future Potential....................................................................................................................... 10

4 Pakistan Power Market Analysis, 2000–2030.................................................................................. 11 4.1 Pakistan, Power Market, Installed Capacity, 2000–2030 ........................................................... 11

4.1.1 Installed Capacity: Breakdown by Type of Power Plant, 2012........................................... 11 4.1.2 Cumulative Installed Capacity and Annual Generation, 2000–2030 .................................. 12 4.1.3 Installed Thermal Capacity and Generation, 2000–2030 .................................................. 15 4.1.4 Installed Hydropower Capacity and Generation, 2000–2030............................................. 17 4.1.5 Installed Renewable Power Capacity and Generation, 2000–2030 ................................... 19 4.1.6 Installed Nuclear Power Capacity and Generation, 2000–2030......................................... 21

4.2 Pakistan, Power Market, Import and Export Scenario................................................................ 23 4.3 Pakistan, Power Market, Annual Power Consumption, 2000–2030............................................ 23 4.4 Pakistan, Power Market, Power Consumption by Sector, 2011 ................................................. 25

5 Pakistan, Power Market, Infrastructure Overview ............................................................................ 26 5.1 Pakistan, Power Market, Active Power Projects........................................................................ 26

5.1.1 Leading Thermal Power Projects..................................................................................... 26 5.1.2 Leading Hydropower Projects ......................................................................................... 27 5.1.3 Leading Renewable Power Projects ................................................................................ 27 5.1.4 Leading Nuclear Power Projects ..................................................................................... 28

5.2 Pakistan, Power Market, Upcoming Power Projects.................................................................. 28 5.2.1 Leading Upcoming Thermal Power Projects .................................................................... 28 5.2.2 Leading Upcoming Hydropower Projects ......................................................................... 29 5.2.3 Leading Upcoming Renewable Power Projects................................................................ 30 5.2.4 Leading Upcoming Nuclear Power Projects ..................................................................... 31

5.3 Pakistan, Power Market, Transmission Network Overview ........................................................ 32 5.4 Pakistan, Power Market, Distribution Network Overview ........................................................... 33 5.5 Pakistan, Power Market, Grid Interconnection .......................................................................... 33

6 Pakistan, Power Market, Regulatory Structure................................................................................ 34 6.1 Overview................................................................................................................................. 34

6.1.1 Renewable Energy, Major Policies and Development Strategies ...................................... 34 7 Pakistan, Power Market, Competitive Landscape: Snapshot of Leading Power Generating Companies

..................................................................................................................................................... 36 7.1 Pakistan, Power Market, Market Share of Major Power Generating Companies......................... 36 7.2 Key Company in Pakistan’s Power Market, Pakistan Water and Power Development Authority.. 37

7.2.1 WAPDA, Company Overview.......................................................................................... 37 7.2.2 WAPDA, Business Description........................................................................................ 37 7.2.3 Pakistan, Water and Power Development Authority, SWOT Analysis................................ 37

7.3 Key Companies in Pakistan Power Market, KESC.................................................................... 40 7.3.1 KESC, Company Overview ............................................................................................. 40 7.3.2 Karachi Electric Supply Company, Business Description.................................................. 40 7.3.3 KESC, SWOT Analysis ................................................................................................... 41

7.4 Key Companies in Pakistan Power Market, the Hub Power Company Limited ........................... 44 7.4.1 The Hub Power Company Limited, Company Overview ................................................... 44 7.4.2 The Hub Power Company Limited Business Description .................................................. 44 7.4.3 The Hub Power Company Limited, SWOT Analysis ......................................................... 45

7.5 Key Companies in Pakistan Power Market, Kot Addu Power Company Limited ......................... 48 7.5.1 Kot Addu Power Company Limited, Company Overview .................................................. 48 7.5.2 Kot Addu Power Company Limited Business Description ................................................. 48



7.5.3 Kot Addu Power Company Limited, SWOT Analysis ........................................................ 49 8 Appendix....................................................................................................................................... 52

8.1 Market Definitions.................................................................................................................... 52 8.1.1 Power............................................................................................................................. 52 8.1.2 Installed Capacity ........................................................................................................... 52 8.1.3 Active Installed Capacity ................................................................................................. 52 8.1.4 Electricity Generation...................................................................................................... 52 8.1.5 Electricity Consumption................................................................................................... 52 8.1.6 Thermal Power Plant ...................................................................................................... 52 8.1.7 Hydropower Plant ........................................................................................................... 52 8.1.8 Nuclear Power................................................................................................................ 52 8.1.9 Renewable Energy Resources ........................................................................................ 52

8.2 Abbreviations .......................................................................................................................... 53 8.3 Bibliography ............................................................................................................................ 54 8.4 Coverage ................................................................................................................................ 56 8.5 GlobalData’s Methodology....................................................................................................... 56

8.5.1 Secondary research and analysis.................................................................................... 56 8.5.2 Primary Research and Analysis....................................................................................... 56

8.6 Contact Us .............................................................................................................................. 57 8.7 Disclaimer ............................................................................................................................... 57



1.1 List of Tables Table 1: Power Market, Pakistan, Cumulative Installed Capacity by Type of Power Plant (%), 2012.... 11 Table 2: Power Market, Pakistan, Cumulative Installed Capacity (MW) and Annual Power Generation

(GWh), 2000–2030 ............................................................................................................. 14 Table 3: Power Market, Pakistan, Cumulative Installed Thermal Capacity (MW) and Power Generation

(GWh), 2000–2030 ............................................................................................................. 16 Table 4: Power Market, Pakistan, Cumulative Installed Hydropower Capacity (MW) and Generation

(GWh), 2000–2030 ............................................................................................................. 18 Table 5: Power Market, Pakistan, Cumulative Installed Renewable Capacity (MW) and Generation

(GWh), 2000–2030 ............................................................................................................. 20 Table 6: Power Market, Pakistan, Cumulative Installed Nuclear Capacity (MW) and Generation (GWh),

2000–2030 ......................................................................................................................... 22 Table 7: Power Market, Pakistan, Annual Power Consumption (GWh), 2000–2030 ............................ 24 Table 8: Power Market, Pakistan, Breakdown of Electricity Consumption, by Sector (%), 2011........... 25 Table 9: Power Market, Pakistan, Leading Active Thermal Power Projects, 2012 ............................... 26 Table 10: Power Market, Pakistan, Leading Active Hydropower Projects, 2012.................................... 27 Table 11: Power Market, Pakistan, Leading Active Renewable Power Projects, 2012........................... 27 Table 12: Power Market, Pakistan, Leading Active Nuclear Power Projects, 2012................................ 28 Table 13: Power Market, Pakistan, Leading Upcoming Thermal Power Projects, 2012 ......................... 28 Table 14: Power Market, Pakistan, Leading Upcoming Hydropower Projects, 2012.............................. 29 Table 15: Power Market, Pakistan, Leading Upcoming Renewable Power Projects, 2012..................... 30 Table 16: Power Market, Pakistan, Leading Upcoming Nuclear Power Project, 2011............................ 31 Table 17: Power Market, Pakistan, Transmission Line Length (Ckm), 2000–2020 ................................ 32 Table 18: Power Market, Pakistan, Distribution Line Length (Ckm), 2000–2020 ................................... 33 Table 19: Power Market, Pakistan, Share of Major Power Companies in Installed Capacity (%), 2011 .. 36 Table 20: Pakistan, Water and Power Development Authority, SWOT Analysis................................... 37 Table 21: Karachi Electric Supply Company Limited (KESC), SWOT Analysis ..................................... 41 Table 22: The Hub Power Company Limited, SWOT Analysis ............................................................. 45 Table 23: Kot Addu Power Company Limited, SWOT Analysis ............................................................ 49 Table 24: Abbreviations...................................................................................................................... 53

1.2 List of Figures Figure 1: Power Market, Pakistan, Cumulative Installed Capacity by Type of Power Plant (%), 2012.... 11 Figure 2: Power Market, Pakistan, Cumulative Installed Capacity (MW) and Annual Power Generation

(GWh), 2000–2030 ............................................................................................................. 13 Figure 3: Power Market, Pakistan, Cumulative Installed Thermal Capacity (MW) and Power Generation

(GWh), 2000–2030 ............................................................................................................. 15 Figure 4: Power Market, Pakistan, Cumulative Installed Hydropower Capacity (MW) and Generation

(GWh), 2000–2030 ............................................................................................................. 17 Figure 5: Power Market, Pakistan, Cumulative Installed Renewable Capacity (MW) and Generation

(GWh), 2000–2030 ............................................................................................................. 19 Figure 6: Power Market, Pakistan, Cumulative Installed Nuclear Capacity (MW) and Generation (GWh),

2000–2030 ......................................................................................................................... 21 Figure 7: Power Market, Pakistan, Annual Power Consumption (GWh), 2000–2030 ............................ 23 Figure 8: Power Market, Pakistan, Breakdown of Electricity Consumption, by Sector (%), 2011........... 25 Figure 9: Power Market, Pakistan, Share of Major Power Companies in Installed Capacity (%), 2011 .. 36



2 Introduction Pakistan is a developing country with a semi-industrialized economy. It is one of the most populous countries in Asia-Pacific. Pakistan has a federal republican form of government in place, which was established as the governing body of four provinces, namely Punjab, Sind, Khyber Pukhtoonkhwa and Blochistan. Pakistan is a member of international organizations such as the Association of South East Asian Nations, the South Asia Association for Regional Corporation (SAARC) and the United Nations.

Historically, Pakistan’s Gross Domestic Product (GDP) has grown at an average rate of XX% (TE, 2012). Pakistan is suffering from issues such as internal political disputes, a fast growing population and low Foreign Direct Investment (FDI), which have hampered its economic growth. Furthermore, in 2011 poverty level within the country was estimated to be around XX% (OPHI, 2011). These factors have adversely impacted its economic growth rate, which grew by just XX% in 2011. Pakistan’s economy was further affected by the global economic recession in 2008 and a balance of payment crisis. The economy grew by just XX% during that time.

Similar to many other developing countries, Pakistan has also liberalized its policies to attract FDI inflow. But unlike most of these countries it has not been successful enough in obtaining a regular flow of FDI investment. Investor’s concerns related to governance and security have slowed down foreign participation in the country. The threat of terrorism has also led to a decrease in foreign investments as it has reduced investor’s confidence and increased the risk perception

In 2012, the services sector is expected to contribute the majority share of XX% towards GDP, followed by the industrial sector with XX% and the agricultural sector with XX%. In 2012, Pakistan’s exports were valued at $XX billion. Major export items included textiles, rice, leather goods, carpets and rugs. The major export markets for Pakistan are the US, the United Arab Emirates and Afghanistan. The country’s major import items include petroleum products, machinery and transport equipment.

The National Electric Power Regulatory Authority (NEPRA) acts as the chief regulator of the electricity sector in Pakistan. Thermal fuel sources such as oil and gas are the major sources of power generation in the country. Thermal power is expected to have contributed XX% towards the cumulative installed capacity in 2012. Along with thermal sources, the government has also been exploring nuclear power and renewable sources. Hydro capacity followed thermal in 2012 with an estimated share of XX% while nuclear and renewable had a share of XX% and XX%, respectively. Renewable energy sources are relatively small in the country; however, going forward, renewable energy is expected to show a strong growth trend. The total power generation capacity in Pakistan will see a larger contribution from renewable energy sources in the years to come. Electricity generation and consumption is also expected to increase due to higher demand and increasing governmental efforts to add power generating capacity.



2.1 GlobalData Report Guidance The report opens with an executive summary capturing key growth trends in Pakistan’s power

market.

Chapter three provides a snapshot of the power sector in Pakistan.

Chapter four provides cumulative capacity and power generation information, as well as segmentation according to source of energy from 2000 to 2012, with forecasts to 2030. This is followed by the consumption scenario for the market between 2000 and 2012, with forecasts provided up to 2030.

Chapter five provides information on the power infrastructure in Pakistan, including details of leading active and upcoming power plants in the country, differentiated according to source of energy, as well as existing and planned developments in transmission and distribution infrastructure, and cross-country interconnections.

Chapter six provides information on regulatory structure and provides a brief description of the power regulatory structure and prominent policies influencing the future of the power market.

Chapter seven describes the competitive landscape of Pakistan’s power market, with complete descriptions and SWOT analyses provided for leading companies.

Note: From 2012 onwards this report provides actual or estimated data depending upon information available at the time of writing.



4 Pakistan Power Market Analysis, 2000–2030

4.1 Pakistan, Power Market, Installed Capacity, 2000–2030 4.1.1 Installed Capacity: Breakdown by Type of Power Plant, 2012 The cumulative installed capacity is expected to be dominated by gas-fired power plants, which contributed XX% in 2012. Oil-fired plants made the next highest contribution, with a share of XX%, followed by hydroelectric power plants, which contributed XX% to the country’s cumulative installed capacity. While nuclear, renewable and coal contributed a share of XX%, XX% and XX%, respectively.

Figure 1: Power Market, Pakistan, Cumulative Installed Capacity by Type of Power Plant (%), 2012

Gas

Oil

Hydro

Nuclear

CoalWind


Table 1: Power Market, Pakistan, Cumulative Installed Capacity by Type of Power Plant (%), 2012

Type of Power Plant Percentage Share (%)

Gas

Oil

Hydro

Nuclear

Coal

Renewable

Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on October 11, 2012



4.1.4 Installed Hydropower Capacity and Generation, 2000–2030 The total installed capacity of hydropower plants was estimated at XX MW in 2012 which is about XX% of the country’s total installed capacity. The availability of hydropower generation in Pakistan depends upon various seasonal factors that lead to variations in reservoir levels and inflow and discharge of water from reservoirs. However, hydro projects such as the XX MW Suki Kinari, the XX MW Karot and the XX MW Patrind power projects are under development with an aim to increase installed hydro capacity in the country. In 2012, the Private Power Infrastructure Board (PPIB) announced the XX MW New Bong Hydropower Project, which is expected to be online by end of 2013 at an estimated cost of $XXm (PPIB, 2011). These projects are expected to augment the share of hydropower in the country’s cumulative installed capacity. Therefore, during the forecast period 2013–2030, the country’s cumulative installed hydro capacity is expected to grow at a CAGR of XX% from XX MW in 2012 to reach XX MW by 2030.

Generation from hydropower sources increased from XX GWh in 2000 to XX GWh in 2012, at a CAGR of XX%. Following an increased focus on conventional energy, WAPDA’s hydropower generation increased by XX billion units in 2011. According to the PPIB, the country has a hydro potential of XX MW. Therefore, hydropower generation in the country is expected to increase from XX GWh in 2013 to XX GWh in 2030, at a CAGR of XX%. The ADB has planned to invest $XXm for a XX MW hydropower plant between the Kunhar and Jhelum river, which is expected to be online by 2016 (ADB, 2011).

Figure 4: Power Market, Pakistan, Cumulative Installed Hydropower Capacity (MW) and Generation (GWh), 2000–2030

2000

2002

2004

2006

2008

2010

2012

2014

2016

2018

2020

2022

2024

2026

2028

2030

Hyd

ro in

stal

led

capa

city

(MW

)

Hyd

ro p

ower

gen

erat

ion

(GW

h)

Hydro Installed Capacity (MW) Hydro power generation (GWh)




Table 4: Power Market, Pakistan, Cumulative Installed Hydropower Capacity (MW) and Generation (GWh), 2000–2030

Year Installed Hydro Capacity (MW) Hydropower Generation (GWh)

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

2030




8 Appendix

8.1 Market Definitions The report covers market segments related to installed electricity capacity, generation, consumption, power infrastructure and power regulations in Pakistan and provides a quantitative and qualitative assessment of its power market.

8.1.1 Power Power refers to the rate of production, transfer, or energy use, usually related to electricity. It is measured in watts and often expressed in kilowatts (kW) or MW. It is also known as "real" or "active" power.

8.1.2 Installed Capacity Installed capacity refers to the generator’s capacity as stated by the manufacturer, or the maximum rated output of a generator under given conditions. It is expressed in MW and indicated on a nameplate affixed to the generator.

8.1.3 Active Installed Capacity Active installed capacity refers to that component of electric power that actually performs work. It is given in Kilowatts (kW) or Megawatts (MW).

8.1.4 Electricity Generation Electricity generation refers to the production of electric energy by transforming other forms of energy. It also refers to the amount of electric energy produced, expressed in GWh.

8.1.5 Electricity Consumption Electricity consumption is calculated as generation, plus imports, minus exports, minus transmission and distribution losses and measured in GWh.

8.1.6 Thermal Power Plant A thermal power plant is a plant in which turbine generators are driven by burning fossil fuels.

8.1.7 Hydropower Plant A hydropower plant is a plant in which turbine generators are driven by falling water.

8.1.8 Nuclear Power Nuclear power refers to the electricity generated through the thermal energy released from the fission of nuclear fuel in a reactor.

8.1.9 Renewable Energy Resources Renewable energy resources are naturally replenishing energy resources that are limited in the amount of energy available per unit of time. For example, biomass, geothermal, solar and wind are all renewable resources.



8.2 Abbreviations Table 24: Abbreviations Full Form Abbreviations

Asian Development Bank ADB

Alternate Energy Development Board AEDB

Compound Annual Growth Rate CAGR

Central Asia South Asia CASA-1000

Chashma Nuclear Power Plant CHASNUPP

Circuit-Kilometres CKm

Foreign Direct Investment FDI

Gross Domestic Product GDP

Generation Companies GENCO

Gigawatt hours GWh

Independent Power Producer IPP

Karachi Nuclear Power Plant KANUPP

Kot Addu Power Company KAPCO

Karachi Electric Supply Company KESC

Kilometre Km

Kilo volt kV

Megawatts MW

National Electric Power Regulatory Authority NEPRA

National Transmission and Despatch Company NTDC

Pakistan Atomic Energy Commission PAEC

Pakistan Electric Power Company Private Limited PEPCO

Pakistani Rupees PKR

Private Power and Infrastructure Board PPIB

Renewable Energy Technology RET

Water and Power Development Authority WAPDA

Source: GlobalData



8.3 Bibliography Abbasi.Z (2011). ‘‘Power demand seen reaching 36,000 MW by 2015’’, Business Recorder, July 20,

2011. Available from: http://www.brecorder.com/money-a-banking/198/1213505/. [Accessed on January 21, 2012].

Alternative Energy Development Board (2006). RE Policy for Development of Power Generation 2006. Alternative Energy Development Board. Available from: http://www.aedb.org/Policy/REpolicy.pdf.

Asian Development Bank (2011). New Pakistan hydro plant to ease nationwide power shortages. Asian Development Bank. Available from: http://www.adb.org/news/new-pakistan-hydro-plant-ease-nationwide-power-shortages. [Accessed on January 21, 2012].

Asian Development Bank (2012). Clean Energy: Green Power for Asia’s future growth. Asian Development Bank. Available from: http://www.adb.org/sectors/energy/overview. [Accessed on January 21, 2012].

Farhaan M (2012). “Wind turbines can save environment”. Technology Times, July 2, 2012. Available from: http://www.technologytimes.pk/2012/07/02/wind-turbines-can-save-environment/. [Accessed on January 21, 2012].

Government of Pakistan, (2012) via the Express Tribune. “In a meeting with Japanese delegation, president calls for greater linkages”, Express Tribune, October 10, 2012. Available from: http://tribune.com.pk/story/449249/in-meeting-with-japanese-delegation-president-calls-for-greater-linkages/. [Accessed on January 21, 2012].

Imtiaz Elahi A (2012). A brighter Pakistan: microcredit for clean energy. The Express Tribune, June 4, 2012. Available from: http://tribune.com.pk/story/388189/a-brighter-pakistan-microcredit-for-clean-energy/. [Accessed on January 21, 2012].

International Finance Corporation (2012). IFC in Pakistan. International Finance Corporation. Available from: http://www1.ifc.org/wps/wcm/connect/region__ext_content/regions/europe+middle+east+and+north+africa/ifc+middle+east+north+africa+and+southern+europe/countries/pakistan+country+landing+page. [Accessed on January 21, 2012].

Khan (2011). ‘‘Fuel crisis pushes power shortfall beyond 7,000MW’’, The Dawn, August 2011. Available from: http://dawn.com/2011/08/21/fuel-crisis-pushes-power-shortfall-beyond-7000mw/. [Accessed on October 10, 2012].

Ministry of Finance (2012). Highlights Pakistan Economic Survey – 2011–2012. Ministry of Finance. Available from: http://www.finance.gov.pk/survey/chapter_12/highlights.pdf. [Accessed on January 21, 2012].

Nation (2012). ‘‘Thar coal usage for electricity welcomed’’, The Nation, October 6, 2012. Available from: http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/business/06-Oct-2012/thar-coal-usage-for-electricity-welcomed. [Accessed on January 21, 2012].

National Electric Power Regulatory Authority (2011). Report and Publications State Industry Report. National Electric Power Regulatory Authority. Available from: http://www.nepra.org.pk/Publications/State%20of%20Industry%20Reports/State%20of%20Industry%20Report%.pdf.

Oxford Poverty and Human Development Initiative (2011). Country Briefing: Pakistan. Oxford Poverty and Human Development Initiative. Available from: http://hdr.undp.org/external/mpi/Pakistan-OPHI-CountryBrief-2011.pdf.

Pakistan Bureau of Statistics, via The Nation (2012). “Govt spent $15.2 on oil import in 2011–12”, The Nation, July 21, 2012.



Available from: http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/business/21-Jul-2012/govt-spent-15-247b-on-oil-import-in-2011-12. [Accessed on January 21, 2012].

Private Power Infrastructure Board (2011). Private Power Infrastructure Board: Success Stories: 1994–2010. Private Power Infrastructure Board. Available from: http://www.ppib.gov.pk/PPIB%20Success%20Story.pdf.

Private Power Infrastructure Board (2012). Key Statistics of Pakistan Power Sector. Private Power and Infrastructure Board. Available from: http://www.ppib.gov.pk/N_key.htm. [Accessed on January 7, 2013].

Reuters (2012) via The Dawn. “Coal- The answer to Pakistan’s energy crisis?”. The Dawn, April 13, 2012. Available from: http://dawn.com/2012/04/13/coal-the-answer-to-pakistans-energy-crisis/ . [Accessed on January 7, 2013].

Revista Eolica y del Vehiculo Electrico (2011). Pakistan-China Wind Energy Corporation. Revista Eolica y del Vehiculo Electrico. Available from: http://www.evwind.es/2011/08/23/pakistan-china-wind-energy-cooperation/13036/. [Accessed on: January 21, 2012]

Revista Eolica y del Vehiculo Electrico (2012). Pakistan sets out ambitious target 9,700 MW. Revista Eolica y del Vehiculo Electrico. Available from: http://www.evwind.es/2011/11/14/pakistan-sets-out-ambitious-target-of-9700-mw/14665/. [Accessed on January 21, 2012].

Shaikh (2012). ‘‘Pakistan’s renewable energy awaits tapping’’, The Science Development Network, May 23, 2012. Available from: http://www.scidev.net/en/south-asia/news/pakistan-s-renewable-energy-awaits-tapping.html. [Accessed on January 21, 2012].

Sheikh N (2012). “Hydroelectricity the need of the hour.”, The Express Tribune, April 9, 2012. Available from: http://tribune.com.pk/story/361649/hydroelectricity-the-need-of-the-hour/. [Accessed on January 21, 2012].

Shazad (2011). ‘‘Exploring wind energy as a viable alternative’’, Pakistan Today, August 23, 2011. Available from: http://www.pakistantoday.com.pk/2011/08/23/news/profit/exploring-wind-energy-as-a-viable-alternative/?printType=article. [Accessed on January 21, 2012].

Trading Economics (2012). Pakistan’s GDP growth rate. Trading Economics. Available from: http://www.tradingeconomics.com/pakistan/gdp-growth [Accessed on January 21, 2012].

UEG (2012) via The Express Tribune. “Wind Farms: China firm invests $3b in Pakistan”. The Express Tribune, May 31, 2012. Available from: http://tribune.com.pk/story/386540/wind-farms-china-firm-to-invest-3b-in-pakistan/. [Accessed on January 21, 2012].

UNPF (2012) via New Geography. “Pakistan where the population bomb is exploding”. The New Geography. Available from: http://www.newgeography.com/content/002940-pakistan-where-population-bomb-exploding. [Accessed on January 21, 2012].

World Bank, (2012). The Worldwide Governance Indicators, 2012 Update. World Bank. Available from: http://info.worldbank.org/governance/wgi/pdf/wgidataset.xlsx.

World Bank, 2013. Ease of Doing Business – Economy Rankings [database]. Available from: http://www.doingbusiness.org/rankings. [Accessed on October 10, 2012].



8.4 Coverage This report gives detailed information on the country’s power market. It examines the country’s power market structure and provides historical and forecast numbers for generation, capacity and consumption up to 2030. The report provides insights on the market’s regulatory structure, import and export trends, competitive landscape and leading active and upcoming power projects. The report provides a snapshot of the country’s power sector by analyzing the power sector of the country on broad parameters of–macro economics supply security, regulatory scenario, infrastructure, macroeconomics, competition and future potential.

8.5 GlobalData’s Methodology GlobalData’s dedicated research and analysis teams consist of experienced professionals with backgrounds in marketing, market research and consulting in the power industry, and advanced statistical expertise.

GlobalData adheres to the codes of practice of the Market Research Society (www.mrs.org.uk) and the Strategic and Competitive Intelligence Professionals (www.scip.org).

The following research methodology is followed for all country outlook reports.

8.5.1 Secondary research and analysis The capacity, generation and consumption data is collected and validated using a number of secondary resources including but not limited to:

Government agencies, ministerial websites, industry associations, the World Bank, statistical databases

Company websites, annual reports, financial reports, broker reports and investor presentations

Industry trade journals, market reports and other literature

GlobalData’s proprietary databases like the Capacity and Generation Database, Power Plant Database and Transmission and Distribution Database.

Further to this, the following secondary information is collected and analyzed to project the country’s power market scenario through to 2030, analyzing factors such as the following:

The country’s macroeconomic scenario

Government regulations, policies and targets

Government and private sector investments

Contract and deal announcements

Utility expansion plans

The sector’s historic track record

Other qualitative insights built through secondary research and analysis of company websites, annual reports, investor presentations, industry and trade journals, and data from industry associations.

8.5.2 Primary Research and Analysis Secondary research is further complemented through primary interviews with industry participants to verify and fine-tune the market numbers obtained through secondary research and get first-hand information on industry trends.

The participants are drawn from a diverse set of backgrounds, including equipment manufacturers, industry associations, government bodies, utilities, distributors, and academia. The participants include, but are not limited to, C-level executives, industry consultants, academic experts, business development and sales managers, purchasing managers, plant managers, government officials, and industry spokespeople.



8.7 Disclaimer All Rights Reserved.

No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher, GlobalData.

This report is a licensed product and should not to be reproduced without prior permission.

Documents

GDPE0652ICR-Pakistan Power Market Outlook to 2030 · PDF filePakistan Power Market Outlook to 2030 Market Trends, Regulations and Competitive Landscape GDPE0652ICR / Published April