The Federal Government has given the green signal to start a 300-megawatt (MW) power project in Gwadar under the China-Pakistan Economic Corridor (CPEC).
The work on the project will start in October this year with an estimated cost of $540 million, after delays due to conflicts over tariff rates.
The government has also decided to form a special appellate tribunal to settle the tariff issue, Express reported. The announcement was made after Cabinet Committee for CPEC’s meeting earlier this week.
According to CPEC’s official website, the project’s progress is listed below:
- LOI issued on 26th May 2017
- Site finalized by China Communications Construction Company (CCCC)
- Land lease agreement signed by the government of Balochistan
- NOC issued by Balochistan Environment Protection Agency (BEPA) on 7th July 2018
- NEPRA’s tariff determination is in process.
What are your thoughts on the update? Let us know in the comment section.
Is Se Karachi Ko Kitna Milega ?
“To Add” and “To Start” are two different things, aren’t they?
I hope that the design of this plant will be such that it will be made mandatory by the Government for the Chinese to use a certain percentage of Coal from Balochistan so that the people of Balochistan province also benefit from this Power Plant. The Chief Minister of Balochistan should pr his foot down to make this possible.