Prime Minister Imran Khan Inaugurated the

Islamabad, 21st October 2019: The Prime Minister of Pakistan Imran Khan inaugurated the China Power Hub Generation Coal Power Project having a capacity of 1,320 MW in the Hub city of Balochistan today. This project is one of the priority projects under China Pakistan Economic Corridor (CPEC) which has been completed in a short period of thirty three (33) months with an investment of around US$ 2 billion. The Project has been jointly financed by Hub Power Company and China Power International Holding at the ratio of 47.5% and 52.5% respectively. Hubco has noticeable stakes in the Pakistan’s power sector by owing 1,292 megawatt Power Project, 220 megawatt IPP and 84 megawatt hydro IPP which is the first commissioned hydropower IPP of Pakistan and Azad Jammu & Kashmir. Having an integrated jetty for coal transhipment capacity of 4.2 million per annum further magnifies the significance of this project.  

Addressing a large gathering, the Prime Minister said that this is the first joint power project under CPEC which has been successfully completed and started operations on commercial basis. He urged the sponsors of the project to also utilize coal from local mines so that the power plant will be able to generate low-cost electricity and be instrumental in lowering the prices of essential items.  

Due to the collective efforts of Ministry of Energy (Power Division), PPIB and Government of Balochistan, this project has turned into a reality today. Letter of Intent (LOI) was issued to the Project by PPIB on 29th June 2015, Letter of Support (LOS) on 12th April 2016 while Financial Close was achieved on 26th January 2018. The Project progressed smoothly during its construction period, as result, its first unit comprising 660 MW was synchronized on 28th December 2018 while second unit of 660 MW synchronized on 28th May 2019 and after completing synchronization process, the project finally achieved Commercial Operation Date (COD) on 17th August 2019.   

Being located in the remote area of Hub, this project will not only deliver 1,320 Megawatts to the system but would also generate enormous employment opportunities and economic activities thus would also be instrumental in socio-economic uplift of Hub, Lasbella and adjoining areas.