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November 15, 2016

MoU inked with Chinese corporation for power generation

National

November 15, 2016

PESHAWAR: The Khyber Pakhtunkhwa government on Monday signed a memorandum of understanding (MoU) with the China Energy and Engineering Corporation to fulfill the energy requirements of the province.

An official handout said the project was aimed at providing uninterrupted electric power using short term electricity supply to establish a 225 megawatt combined cycle gas turbine for Hattar Special Economic Zone (HSEZ) to be developed by Khyber Pakhtunkhwa Economic Zones Development and Management Company (KPEZDMC).

The project will focus on using indigenous gas resources under a a government-to-government framework as envisaged in the Government of Pakistan Power Policy, 2015.The thermal power project will be the first of its kind in Khyber Pakhtunkhwa. The power produced from the project will be used on priority basis for the industrial estates and special economic zones in the province. 

The construction of the power plant had been started and the power plant will start producing electricity by August 2017. The MoU between the KP government and the Chinese energy conglomerate is an important milestone in ensuring that the energy issues of the province are resolved and industrialization is facilitated through provision of uninterrupted supply of electricity for a smooth functioning of industries.

 

 

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