The new Chashma-III, 340 MW power plant was inaugurated today at Mianwali by Prime Minister Nawaz Sharif.
PM Nawaz Sharif was present on the occasion alongside Minister for Water and Power Khwaja Asif and Advisor on Foreign Affairs, Sartaj Aziz.
The power plant was built by Pakistan Atomic Energy Commission (PAEC) in collaboration with China National Nuclear Corporation. The project was executed by the PAEC under the guidelines of International Atomic Energy Agency.
PM Nawaz congratulated PAEC on completing this project within the appointed timeframe and appreciated the efforts of China Atomic Energy Authority and the Export-Import Bank of China for providing their technical expertise and financial support for this project.
He reiterated the government’s promise to end loadshedding from Pakistan by the end of their term in 2018.
This is the third project following Chashma-I and Chashma-II. The next power plant, Chashma-IV will be completed during 2017. The Chashma power plants and the Karachi Nuclear Power Projects K-2 and K-3 will add a total of 8,800 MW of power to the national grid. Completing these projects by 2030 is the mid-term target set by the PAEC.
All of the nuclear power plants, including the one inaugurated today have been approved by Pakistan Nuclear Regulatory Authority. These power plants also follow the safety guidelines provided by the International Atomic Energy Agency and follow international safety standards.
This is just one of the many power projects undertaken by the government in collaboration with China under the CPEC agreement. Most are expected to start operating by late 2018. All of the CPEC power projects will collectively add close to 7,000 MW of power to the national grid.
Read More: All You Need to Know About Electricity Projects Under CPEC (Part I)
Also Read: All You Need to Know About Electricity Projects Under CPEC (Part II)
