CPEC Milestone: Ski Kanari hydropower begins electricity production

News Image

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

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 167,193.44
366.12M
0.88%
1456.68
ALLSHR 101,164.95
815.04M
0.80%
806.11
KSE30 49,320.68
134.37M
0.99%
482.30
KMI30 238,958.16
110.19M
0.84%
2000.56
KMIALLSHR 65,336.06
481.98M
0.82%
528.42
BKTi 46,284.55
24.74M
0.99%
454.81
OGTi 33,773.06
6.87M
0.71%
237.97
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 78,775.00 79,875.00
78,485.00
-1970.00
-2.44%
BRENT CRUDE 115.66 116.05
112.89
0.34
0.29%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.55
-1.19%
ROTTERDAM COAL MONTHLY 145.70 145.70
145.60
-0.15
-0.10%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 102.74 102.94
102.60
0.74
0.73%
SUGAR #11 WORLD 19.52 19.80
19.34
0.18
0.93%

Chart of the Day


Latest News
October 30, 2026 at 12:02 AM GMT+05:00

Diesel price rises by Rs0.85/litre, petrol unchanged


October 29, 2026 at 11:57 PM GMT+05:00

SBP reserves rise $33m to $21.5bn


October 29, 2026 at 11:43 PM GMT+05:00

SCRA balance falls Rs115m to Rs38bn in week ended Oct 23


October 29, 2026 at 09:02 PM GMT+05:00

Banks to extend Saturday hours for tax payments


October 29, 2026 at 08:56 PM GMT+05:00

SBP launches SMEConnect portal



Top 5 things to watch in this week

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