Chinese companies to invest $35b in 19 power projects

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Chinese companies will be investing $35 billion in 19 power projects which will generate 12,134 MW of electricity under the China-Pakistan Economic Corridor (CPEC) project, according to Secretary Water and Power, Mohammad Younis Dagha on Thursday.

During a presentation to the Public Accounts Committee (PAC), Dagha said that the Chinese companies will also be investing in five coal projects in Thar, four imported coal projects, four wind power projects, three hydropower projects and one solar power project along with a 660 KV transmission line between Sindh and Punjab.

The meeting was told that due to the Thar coal projects, Sindh will be able to contribute 3,960 MW to the national grid, the imported coal project will contribute 4,260 MW, the hydro project will contribute 2,714 MW, the solar project will contribute 900 MW and the wind power project will add 300 MW to the national grid.

Sindh will be getting the highest share of this energy at 5,580 MW, Punjab will be given 2,940 MW, Balochistan will be given 1,620 MW, Azad Jammu and Kashmir will be given 1,124 MW and Khyber Pakhtunkhwa will be given 870 MW.