Islamabad - Pakistani delegation on Thursday left for Turkey to sign core projects agreements on CASA-1000, which aims to export electricity from hydropower stations in Kyrgyzstan and Tajikistan to Afghanistan and Pakistan.

Minister for Water and Power, Khawaja Asif, Additional Secretary Incharge Ministry of Water and Power, Younus Dagha and Managing Director National Transmission and Dispatch Company (NTDC) on Thursday left for Turkey to participate in signing ceremony scheduled on April 23-24, said spokesman ministry of water and power.

He further said that after the signing Tender Documents for the Owners Engineer, EPC contracts of Converter Stations & Afghan DC O&M are due to be awarded by May 2015, while the construction would start in September 2015.

“All outstanding issues were resolved in the JWG/IGC meeting in Istanbul in early December 2014 followed by the LSC/JWG meeting in Bishkek in February 2015 and Master Agreement / and Power Purchase Agreements with Tajikistan and Kyrgyz Republic are ready for signature”, he said.

The World Bank in its Board of Directors meeting on 27 March, 2014 has approved $120m in IDA credit for Pakistan while IDB has indicated $35 million. However this is yet not confirmed. As such Pakistan side has a potential gap of $112 million. Out of this $17 million has been picked by some donors and balance required is $95 million. World Bank has given assurance that this gap will be filled but Pakistan need to have firm commitment.

According to ministry data the CASA-1000 Project shall be implemented as a contractual joint venture in which all four (4) participating countries shall own the parts of the project located in their respective countries.

The “Core Project Agreements” consist of Four (4) Power Purchase Agreements among respective countries; a Master Agreement among all four (4) parties; an Account Bank Agreement; Technical Code; Co-ordination Agreement between Kyrgyz Republic and Tajikistan; & Host Government Agreements.

According to data the tariff components of CASA-1000 project consist of the Transmission Tariff, Payback of Investment costs to Tajikistan, Kyrgyzstan, and Afghanistan, AC & DC O&M Cost, Community Support Fund & Common Fund.

Energy tariff consists of cost of energy payable to the sellers, while transit fee would be paid to Afghanistan.

The Estimated Transmission Tariff is 2.98 Cents/kWh; the Energy Tariff is 5.15 Cents/kWh and the Afghan Transit Fee is @ 1.25 Cents/kWh. Additionally there will be transit fee of 0.1 cents/kwh payable to Tajikistan for the flow of Kyrgyz energy.