Saturday, January 29, 2022

CPPA-G and LUMS join hands for capacity building of Power sector entities in Pakistan under the envisaged CTBCM regime - TechJuice

Last updated Monday, January 10, 2022 03:37 ET , Source: TopWireNews

A two-day follow-up training workshop for the officer and engineering professionals of DISCOs (Distribution companies) was arranged on January 7, 2022, under the banner of the Power Sector Centre of Excellence (PSCE) established at LUMS in Lahore. PSCE is a training and knowledge hub founded jointly by CPPA-G (Central Power Purchasing Agency) and LUMS Energy Institute (LEI). The training was attended by 80 participants comprising of officials from Distribution Companies (DISCOs), National Transmission and Dispatch Company (NTDC), National Electric Power Regulatory Authority (NEPRA), and CPPA-G. This Module-II was a continuation of Module-I of the course, where the detailed methodology of Medium-term Demand Forecast (MTDF) was explored. Participants were also given intensive knowledge about the Power Market Survey tool used to gauge bottom-up demand forecasting, acknowledged for providing high accuracy for medium-term demand forecasting around the world.
Under the upcoming Competitive Trading Bilateral Contracts Market (CTBCM), it is imperative for the power sector entities to create a mutual environment of learning, sharing, and facilitation to modernize and innovate within the competitive electricity market in Pakistan. All involved power entities should work in collaboration with leading academic institutions to popularise the best practices in the sector as per international standards, said Mr. Waseem Mukhtar, Additional Secretary – Power Division and CEO – CPPA-G.

Read Full Story: https://www.techjuice.pk/cppa-g-and-lums-join-hands-for-capacity-building-of-power-sector-entities-in-pakistan-under-the-envisaged-ctbcm-regime/

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