CPEC contributes 300MW wind energy to national grid
The commercial contract of this project was signed on September 11, 2015.
By APP
January 03, 2019
ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) has contributed 300 megawatts of clean wind energy to the national grid through its four early harvest wind power projects.
Radio Pakistan quoting the Chinese embassy in Pakistan reported that these four wind projects are connected with the national grid included Dawood wind power project (50 MW), Sachal Energy wind farm (50MW), three gorges second wind farm project (100MW), and UEP wind farm project (100MW).
The commercial contract of this project was signed on September 11, 2015.
China Development Bank provided financing of US $ 252 million to the project, with the debt and equity ratio of 75 percent and 25 percent.
More From National News
-
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR
-
MQM-P calls for new province in Sindh
-
US report validates Pakistan military edge over India: PM
-
Banned TTP poses serious threat to Pakistan security: UNSC panel
-
CM Afridi clarifies remarks on by-poll after ECP requests army deployment
-
Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone
-
Security forces kill 23 Indian proxy terrorists in KP's Kurram
-
Pakistan to construct island to boost oil exploration: report