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Chinese company to build 1,400MW coal-based power plant

byCustoms Today Report
18/06/2015
in Business
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ISLAMABAD: China’s Shanghai Electric Group will build a 1,400MW coal-based electricity plant under the China Pakistan Economic Corridor (CPEC).

Private Power and Infrastructure Boar’s (PPIB) meeting have approved the project, which would start generating electricity by 2017-18. The meeting was informed that Shanghai Electric would install four power units of 350MW each at Thar.

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This is the second Thar coal-based power project in the independent power project (IPP) mode approved by the PPIB board, the first being the 660 MW Engro Power Project. The development of Thar coal resources is expected to provide a major breakthrough to develop huge generation capacity using cheap local coal.

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