ISLAMABAD – A very graceful ceremony on the River Closure was held for720MW Karot Hydropower Project at the site of Karot Project. The Project islocated on Jhelum River at about 55 km from load center of Islamabad /Rawalpindi near Village Karot in District Rawalpindi, Punjab. FederalMinister for Energy, Omar Ayub Khan presided the River Closure Ceremony,which was also attended by Shibli Faraz, Leader of the House in Senate,.Yao Jing, Ambassador of China to Pakistan, Fan Xiaxia, Executive VicePresident CTG,. Wang Yu, Chairman CTGI and other high ranking officials ofCTG, IFC, Silk Road Fund, Export Import Bank Of China, PPIB, CPPA-G, GoAJK,Government of Punjab and Govt. of Pakistan.
Speaking On the occasion, the Federal Minister for Energy Omar Ayub Khanconveyed his gratitude to the company on achieving yet another importantmilestone of river closing and assured full support of the government infurther and timely development of the Karot project as well as otherprojects of CTG Group in Pakistan. He expressed that he was confident thatwith proven track record of CTG/CSAIL the project will be commissioned in atimely manner. While conveying that Pakistan has a tremendous hydropowerpotential of more than 60,000 MW, he urged CTG Group to participate in thedevelopment of even more hydro, wind and solar power projects in Pakistan.
The Chinese Ambassador Yao Jing congratulated the company on achievinganother important milestone of River Closure. He was of the view that theGovernment of Peoples Republic of China has always fully supported theGovernment of Pakistan in its endeavors to bring prosperity to the peopleof Pakistan through development of projects in multiple avenues and throughworking together and cooperation in international arena.
Executive Vice President CTG Fan Xiaxia, informed the participants that itis a great blessing that the River Closure Activity has been successfullyachieved in a timely manner. He complemented the hard work done by theKarot Project Team in undertaking various construction activities in aplanned and coordinated manner with active support of various departmentsand entities of the government. He was of the view that during thedevelopment and construction process of CTG’s hydropower plants, CTG andits group companies upheld the principle of “building a power station tostimulate the local economy, improve the local environment, and benefit theresettled residents” based on innovation, coordination, green development,opening-up, and sharing.
Wang Yu, Chairman CTGI in his address conveyed that recently CTGI hasentered a new and uncharted territory with the global business expanding atan unprecedented speed. He was of the view that in order to achieve thegoals, we must always remain sober-minded, constantly build up our capacityand improve the development ability. Meanwhile, we should also constantlypursue innovation and never stop the pace of making progress.
Read Top Stories
We will strive to make remarkable achievements in the international arenaby forging ahead with courage and determination while integrating into theglobal market. To put it, we must always be ready to overcome anycircumstances and face up to the changes ahead while adhering to the goals.He thanked the continued support provided by the government of Pakistan,AJK and Punjab and by friends from all walks of life home and abroad. Hewas of the view that the company has enjoyed a broader space for furtherdevelopment and they were willing to join hands with all friends and strivefor a better future.
Supporting the policy of the new government for making Pakistan clean,green and pollution free, the dignitaries initiated the tree plantationdrive at the project site through plantation of three (03) trees.All the participants and dignitaries, while witnessing the successful RiverClosure Activity, highly admired the quality of work being done by thecompany in Pakistan as per International Standards and appreciated thearrangements been made by the company for the event.
