China Machinery Engineering Corporation is planning two coal-fired power plants, each consisting of 1320 MW, in Pakistan, as the country attempts to address its power shortages.
The Chinese group will set up two coal power plants at Gadani in the Balochistan province of Pakistan in an investment set to top $2bn in funding.
A Memorandum of Understanding (MoU) was signed between China Machinery Engineering Corporation (CMEC) and Pakistan’s Private Power and Infrastructure Board (PPIB).
Pakistan’s Water and Power Minister Khawaja Mohammad Asif said several MoUs had been signed with foreign investors for setting up 10 power projects, with a cumulative capacity of 6,600MW at Gadani town in Balochistan.
Pakistan is facing acute power crisis and people have to face 10-12 hours power cuts.
Asif said completion of the coal power projects would help in addressing the problem of load shedding in the country. He said 2250MW of electricity would be added to the system within two months, which will help in reducing load shedding.
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