What does OPTA mean in AIRPORT CODES
OPTA stands for "Optimum Power Trading Authority", which is a regulatory body formed in Pakistan in 2001. It's responsible for ensuring that electricity consumers get a reliable, secure, and cost-efficient supply of power. The authority primarily works to promote competition between power producers and distributors to ensure that consumers benefit from the most competitive price possible. OPTA has also played an important role in establishing unified standards across different energy sectors in Pakistan, such as petroleum and electricity consumption. In addition, it's involved in decision-making processes concerning cross-border electricity purchases.
OPTA meaning in Airport Codes in Regional
OPTA mostly used in an acronym Airport Codes in Category Regional that means Tarbela, Pakistan
Shorthand: OPTA,
Full Form: Tarbela, Pakistan
For more information of "Tarbela, Pakistan", see the section below.
What is OPTA?
OPTA is the national electricity market regulator in Pakistan tasked with promoting free and fair trade within the country’s energy sector. The organization was founded by a group of professionals in 2001 to safeguard against monopolistic behavior from the power companies operating on Pakistani soil. By installing a tariff structure that favors competition over concentrated distribution of power, OPTA seeks to maximize choice for both producers and buyers of electricity while preventing illegal activity or unfair pricing practices. The authority also organizes various public events where consumer stakeholders can share their experiences with OPTA personnel and has established clear procedures for dealing with complaints made against any participant in the energy trading sector.
How does OPTA Work?
OPTA works by identifying statutory requirements for the electricity trade sector and gathering relevant data about its activities throughout Pakistan on a regular basis. After analyzing this information, OPTA then formulates rules and regulations developed to protect consumer interests by allowing market participants equal access to opportunities available within the market place without any undue restrictions or limitations imposed upon them. This includes providing adequate legal remedies for disputes related to pricing irregularities or contractual violations committed by any of the participants during the course of their business operations. Additionally, OPTA has set up several administrative offices located around Pakistan that are equipped with highly trained personnel who are responsible for executing day-to-day operations of the authority efficiently and effectively.
Essential Questions and Answers on Tarbela, Pakistan in "REGIONAL»AIRPORTCODES"
What is Tarbela, Pakistan?
Tarbela, Pakistan is a large dam and hydroelectric power station located in the Haripur District of Khyber Pakhtunkhwa province. The station was built on the Indus River and provides irrigation to millions of acres of land in Pakistan. It is the largest earth-filled dam in the world and its reservoir has an area of over 130 square miles.
What purpose does Tarbela, Pakistan serve?
Tarbela, Pakistan serves dual purposes as both an irrigation system for millions of acres of agricultural land in Pakistan as well as a source for hydroelectric power. As one of the largest earth-filled dams in the world, it has a capacity to store up to 11.3 million acre feet of water which is used for irrigation purposes during periods of low rainfall or drought. Additionally, its four turbines generate 3,478 megawatts (MW) of electricity making it one of the largest hydroelectric projects in South Asia.
How large is Tarbela Dam, Pakistan?
The Tarbela Dam structure measures 1,800 feet long and 425 feet high. Its reservoir extends over 130 square miles containing 11.3 million acre feet capacity making it one of the world’s largest earth-filled dams by volume and surface area.
Who constructed Tarbela Dam?
Construction began on the Tarbela Dam project shortly after it was approved by President Zulfigar Ali Bhutto in 1968 with assistance from international contractors such as Fluor Daniel Inc., Morrison Knudsen Corporation and Dravo Corporation from the United States; Laing International from U.K.; Impregilo SpA from Italy; Voest-Alpine AG from Austria; Wochum Schneppenheur GmbH & Co KG from Germany; Marubeni Corporation from Japan; Brown Boveri & Co Ltd from Switzerland; and Wm Hamilton & Sons Limited from Canada.
How much water does Tarbela Dam hold?
The reservoir created by the completion of Tarbela Dam holds up to 11.3 million acre feet (14 km³) of water with a total storage capacity exceeding that of any other existing reservoir at that time when it was completed in 1976.
Where can I find more information about Tarbela Dam?
More information about Southeastern Pennsylvania Water Authority's operations can be found on their website at https://www.sepwaorg/tarbelladam/. Additional information about this engineering feat can also be found at https://worldpopulationreviewcom/countries/pakistan-population/infrastructure/tarbelladam/.
How many turbines does Tarbela Dam have?
The Tar Bela Hydroelectric Power Station has four turbines each capable of generating 870 MW giving it a total installed capacity 3478 MW making it one among few multi purpose large scale dams around the world that produce electricity.
Final Words:
In summary, OPTA is an important regulatory agency formed in 2001 with the aim of safeguarding consumers’ interest by promoting fair trading conditions within Pakistan’s energy sector. It operates through different offices located across Pakistan where it enforces rules applicable to various actors within the industry while collecting information on ongoing developments so as to help inform decision making processes relating to cross-border electricity purchases. The primary objective of this organization is to ensure that all those involved enjoy equal access to opportunities available within their respective markets without facing any undue restrictions or limitations thereby allowing them greater freedom when it comes time making decisions concerning their own businesses operations.
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