Times of Islamabad

Pakistan seek Chinese support over mega 7,000 MW Hydropower Project worth billions of dollars

Pakistan seek Chinese support over mega 7,000 MW Hydropower Project worth billions of dollars

ISLAMABAD – Pakistan to discuss proposal of constructing Bunji Dam with acapacity of 7,000 megawatts of electricity with the financial and technicalassistance and support from China.

Planning Minister Makhdoom Khusro Bakhtiyar has revealed while briefing onthe CPEC future projects to be undertaken during Prime Minister visit toChina.

Addressing a news conference in Islamabad on Sunday, he dispelled theimpression that CPEC projects have hit a snag as all projects under thecorridor are intact and streamlined. He said in energy sector, projects ofabout 4,300 megawatt are under construction and of 2,500 megwatt are underplanning.

The Minister said that the concessional agreement of 2016 was taken due towhich 19 Chinese Companies are ready to invest in Gwadar.

He said a project of 300 megwatt of electricity has been completed inGwadar, while grid connectivity is being ensured there to provideuninterrupted power supply.

He said the Prime Minister inaugurated Gwadar airport in March this yearand we have also finalized the Gwadar Master Plan with the BalochistanGovernment.

Regarding energy requirement in Pakistan Khusro Bakhtiyar said efforts arebeing made for affordable electricity to strengthen economy.