The National Electric Power Regulatory Authority (Nepra) has admitted the application of Nishat Energy Limited (NEL) for consideration of the grant of generation license for its 660 (megawatt) MW proposed thermal generation facility.
CPEC website launching ceremony in Islamabad by Chinese Ambassador
NEL to act as a special purpose vehicle and develop a 1×660 MW coal fired power plant at Liaqatpur Tehsil in Rahim Yar Khan.
The project is intended to be financed from the Chinese banks under the China-Pakistan Economic Corridor (CPEC) government to government agreed framework as provided in the CPEC agreement wherein project Rahim Yar Khan is listed at no 12 in the designated projects list.
CPEC completion to bring $150 billion investment from China
TBEA Xinjiang SunOasis Company Limited as a co- sponsor would provide technical and project financing proficiencies. TBEA is an upcoming thermal power project developer in China with a proven track record of developing, financing, constructing, and operating coal fired projects in China.