Pakistan blackouts highlight ‘urgency’ of hydropower projects

Renewables expansion in the market is still unable to replace thermal power.

Renewables expansion in the market is still unable to replace thermal power.

Major blackouts in Pakistan give light on the ‘urgency’ of hydropower projects in the market, Fitch Solutions reported.

Just last 23 January, Pakistan experienced a blackout, following a major blackout in October 2022, which affected southern provinces in the country. Fitch linked this to the market’s ageing grid network.

Fitch added that the current expansion of Pakistan’s renewables is still unable to replace conventional thermal power.

“With the blackouts and the market's status as a net importer of fossil fuels, we believe that it should be an indication to the government to step up support for non-hydropower renewables and increase the urgency of hydropower projects, presenting upside risks for our forecasts,” Fitch Solutions reported.

With the little government support for solar and wind projects, Fitch forecast that non-hydropower will grow to 5.06 gigawatts in 2032 from 2.8GW in end-2022.

There are only 25 solar and wind projects in the pipeline, much lower than the 54 hydropower projects.

Fitch Solutions

Pakistan energy

Can't Login? Sign up for an account

Email address The email address is not made public. It will only be used if you need to be contacted about your account or for opted-in notifications.

Password

Confirm password

Provide a password for the new account in both fields.

This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.

Already have an Asian Power account? Login

Can't log in?

Return to login

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit