Energy projects under CPEC included in active list: Ahsan Iqbal

News Image

By MG News | February 21, 2018 at 07:29 PM GMT+05:00

0:00

Minister for Planning, Development and Reforms, Prof Ahsan Iqbal on Wednesday said that under China Pakistan Economic Corridor (CPEC) the energy projects are included in the active list with power capacity of 11110 MW.

Speaking in the Senate during question hour, the minister said that Pakistan and China has agreed in May 2017 to adjust the CPEC Energy Projects List, based on research and scientific analysis and on the recommendations of the CPEC Energy Planning Expert Panel from both sides.

Accordingly both sides agreed to hold Muzaffargarh Coal Power Project (1,320MW), Salt Range Mine Mouth Power Project (300MM including mining, Gaddani Power Park (1,320MW), Sunnec Wind Farm (50MW), Chichoki Mallian Combined-cycle Power Plant (525MW) till endorsed as feasible, he added.

However, the minister said that it has been decided that total installed capacity of the CPEC project will remain same; 17045 MW as defined in the Agreement on the China-Pakistan Economic Corridor Energy Project Cooperation.

Both sides agreed that after the adjustment, the balance insufficient capacity will be enhanced gradually, and priority shall be given in this regard to hydropower projects along the Indus river Basin, the minister said – APP

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,125.00 110,525.00
107,865.00
-2290.00
-2.07%
BRENT CRUDE 68.51 68.89
67.75
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.50 67.18
66.04
-0.50
-0.75%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court


July 04, 2025 at 06:41 PM GMT+05:00

Govt domestic debt, liabilities nears Rs54tr in May



Top 5 things to watch in this week

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