China is setting up a 300 megawatt imported coal based power plant in Gwadar which is a part of $57 billion CPEC project. The power project will be developed in the port city of Pakistan as Private Power and Infrastructure Board (PPIB) has issued a letter of approval to China Communication Construction Company. The only approval left is the tariff approval from National Electric Power Regulatory Authority (NEPRA) after which the project will start.
Gwadar is a gift from Almighty Allah to Pakistan as it is blessed with Deep Sea Port situated in the Arabian Sea and warm water. The port has a major role in CPEC framework and also has a vital link between One Belt One Road and Maritime Silk Road projects. For all this a major power supply will be needed in near future so for this three hydroelectric power projects of 2714 MW and nine coal projects of 8220 MW will be started under CPEC.
Last week the Sahiwal coal fired power project has been started producing 660MW out of its capacity of producing 1320 MW, the next 660 MW is expected to start by the end of December this year.
To provide electricity needs of the country over long period of time a number of local coals based projects and Hydro electric power projects are at different stage of development. On the other hand imported coal based projects are being run as a consistent base load solution.
With the addition of 10000 MW power projects and increasing the Government has promised several times that they will end load shedding next year.
The China-Pakistan Economic Corridor (CPEC) is more than just an investment of $47 billion. Not …