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$6b worth 3000 MW power projects: CSAIL to enhance power generation up to 4000MW

byCustoms Today Report
22/01/2015
in Business
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ISLAMABAD: A CSAIL (China Three Gorges South Asia Investment Ltd) delegation has met Federal Finance Minister Ishaq Dar and briefed him on their over $6 billion worth of solar, wind, wind-solar hybrid and hydro power projects of 3000 MW, being carried out in Pakistan.

The delegation also discussed with Dar matters pertaining to enhanced engagement of CSAIL in power projects in Pakistan. The CSAIL Board Chairman said that the company has plan to work on projects upstream on river Indus and enhance power generation up to 4000 megawatt in long run.

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Finance Minister Ishaq Dar welcomed the company’s plan to expand its operations beyond the already undertaken projects to make CSAIL a sustainable entity in power sector in Pakistan. He said Pakistan was now diversifying its energy mix and moving from furnace oil and diesel to LNG and hydro based projects with an aim to provide electricity to consumers on economical rates in future.  He assured the delegation of all possible support to the company in its future ventures.

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