Business
A beacon of hope
字号+ Author:Smart News Source:Business 2025-01-12 23:40:11 I want to comment(0)
THE Central Asia-South Asia (CASA) Electricity Transmission and Trade Project is a transformative $1.2 billion initiative designed to export 1,300MW of surplus hydropower from Kyrgyzstan and Tajikistan to energy-starved Afghanistan and Pakistan. The ground-breaking ceremony for the ambitious project had taken place in May 2016, with completion anticipated by 2025. The project’s backbone is its high-voltage direct current (HVDC) lines and converter stations that will strengthen energy access in regions facing crippling power shortages. For Pakistan, the project, commonly known as CASA-1000, represents more than just an energy option; it is a beacon of hope. With electricity demand surging due to rapid industrialisation and urbanisation, the country has long been grappling with chronic power shortages. The ability to import up to 1,300MW of clean, renewable hydropower during peak summer months will provide much-needed relief to the people. It will not only reduce the frequency of power-cuts, but will also decrease Pakistan’s dependence on costly fossil fuels, steering the nation towards a greener future. This initiative fosters new trade relationships between Central and South Asia, weaving a web of mutual benefits across borders. By enhancing energy security and promoting sustainable energy practices, the project also contributes to mitigating the effects of climate change. If executed timely and effectively, CASA-1000 has the potential to redefine Pakistan’s energy landscape. The influx of reliable hydropower will help reduce blackouts, fuel industrial growth, and provide the foundation that is essential for steady economic development. As Pakistan integrates itself into a broader regional electricity market, the project will help uplift living standards and open new economic prospects for millions of people. Ultimately, CASA-1000 offers more than just electricity; it provides Pakistan with the power to shape a more prosperous, sustainable future.
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