PM briefed about the installation of 1320 MW power plant in Hub, Balochistan.
Cost of $2 billion has been estimated on the joined venture between Hub Power Company and China Power Holding.
Government of Pakistan is fully dedicated to facilitating the investors in every possible way: PM Imran Khan.
Prime Minister Imran Khan has met the Chinese delegation led by the CEO Zhao Yonggang of Chinese Power Hub Generation on Thursday to discuss the progress that has been made so far on the CPEC project.
Minister for Energy Omar Ayub Khan, Minister for Maritime Affairs Syed Ali Haider Zaidi, Chairman Board of Investment Syed Zubair Haider Gilani, Chairman FBR Syed Shabbar Zaidi and other senior officials also attended the meeting.
Chief Executive Officer of CPHGC briefed the Prime Minister on the progress of the significant CPEC project and its progress on the installation of 1320 megawatts power plant in Hub, Balochistan. He also informed PM Khan that all tests needed for the authorization of the first unit were completed on 14th of this month. All the tests were undergone successfully as per the agreed procedures.
CEO COHGC appreciated the efforts and support provided by the present government that led the commission of the project in the estimated time.
The total cost of $2 billion has estimated on the joined venture project between the two companies Hub Power and China Power Holding.
Prime Minister was informed about the project’s first state-of-the-art and the harmless environment unit that has been accomplished and coincided with the national network.
Prime Minister Khan, while addressing the delegation, said,
“The new energy policy focuses on promoting alternative and renewable sources”.
He also restated the commitment of his government on the provision of every possible facility to the Chinese investors for venturing profitable business into Pakistan.
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