CPEC Milestone: Ski Kanari hydropower begins electricity production

News Image

By MG News | August 13, 2024 at 10:17 AM GMT+05:00

0:00

August 13, 2024 (MLN): A major development has emerged through the China–Pakistan Economic Corridor (CPEC) for Pakistan as the first unit of the Ski Kanari Hydropower Station has started generating electricity.

According to a statement by Xiong Fei, Chairman of China Energy Overseas Investment Co., Ltd, the company has invested in the Ski Kanari project.

Based on the details disclosed, the project has a power generation capacity of 884 MW and four impulse turbine units have been installed at the Ski Kanari project.

Initially, 221 MW of electricity has been connected to the transmission line, with the project entering its final phase.

After completion, Ski Kanari will generate up to 3.212 billion kilowatts of electricity annually, the statement said.

Moreover, it will provide affordable electricity to more than 1 million households in Pakistan.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 120,981.11
82.95M
-0.81%
-989.93
ALLSHR 75,686.14
494.76M
-0.70%
-531.10
KSE30 36,688.46
39.51M
-0.61%
-224.50
KMI30 178,736.96
43.87M
-0.66%
-1181.51
KMIALLSHR 51,888.94
223.24M
-0.61%
-318.57
BKTi 30,199.26
9.43M
-0.30%
-91.29
OGTi 27,157.90
4.35M
-1.22%
-334.05
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,380.00 105,740.00
104,385.00
470.00
0.45%
BRENT CRUDE 76.22 77.00
75.77
-0.23
-0.30%
RICHARDS BAY COAL MONTHLY 88.00 0.00
0.00
-3.60
-3.93%
ROTTERDAM COAL MONTHLY 104.20 0.00
0.00
0.10
0.10%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 73.03 74.04
72.61
-0.24
-0.33%
SUGAR #11 WORLD 16.29 16.43
16.26
-0.22
-1.33%

Chart of the Day


Latest News

Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg