4th November 2019: Private Power and
Infrastructure Board (PPIB) has grabbed another success in the field of
power sector today. A 300 MW coal power project at Gwadar has entered in
advance stages of development as its ground breaking ceremony was performed
today in Gwadar. The ceremony was attended by Chairman Senate Mr. Sadiq
Sanjrani, Federal Minister for Planning, Development & Reform Makhdum Khusro
Bakhtyar, Vice Chairman National Development & Reform Commission Mr. Ning
Jizhe, Ambassadors of China and Pakistan, senior officials representing
Federal Government of Pakistan as well as Provincial Government of
Balochistan and members of Chinese delegation. The ceremony was attended by
senior officials of PPIB.
Speaking on the occasion, Chairman
Senate termed Gwadar a gateway to progress and prosperity of not only
Pakistan but the entire region. Being a native of Balochistan, Mr. Sanjrani
said seeing Gwadar turn into a major port city in the future gave him
immense pride and satisfaction. He said that the people of Balochistan are
committed to join hands with Chinese for further development.
Minister for Planning said that
benefits of CPEC are being reaped as various projects under this monumental
framework are being completed or nearing completion. He stated that the
incumbent Government has accelerated the pace of CPEC projects which is
evident from the inauguration of this coal power plant. The other speakers
also addressed to the gathering, shared their feelings and paid gratitude to
the China Communications Construction Company Limited for sponsoring this
high value Project.
The establishment of power plant is
crucial to make Gwadar self-sufficient in electricity, as it is currently
relying on the 100 MW imported electricity from Iran. It will not only
deliver 300 MW to the system but will also be instrumental in flourishing
economic activities in Gwadar which features heavily in CPEC and envisages
to be a crucial link between the One Belt One Road and Maritime Silk Road
Project.
The letter of interest for the 300 MW
coal-fired power project was issued by PPIB on 26th May 2017 while Letter of
Support was issued on 23rd August 2019. The Project is being sponsored by
China Communications Construction Company with an investment of US$ 400
million and it is targeted to be completed by last quarter of 2022. In this
regard, PPIB is diligently processing this project under the provisions of
Power Generation Policy 2015 for its smooth and timely completion.
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