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Gadani Power Project
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The Gadani Power Project (also known as Pakistan Power Park) was a proposed energy complex in Gadani, Balochistan, Pakistan, under the China-Pakistan Economic Corridor.[1] In August 2013, the Pakistani government announced the establishment of ten coal power plants with a total capacity of 6,600 MW, with technical and financial assistance mostly from China. China would provide funds to cover 85% of the project cost, while the rest of the finances would be arranged by the government of Pakistan. The total cost of the project was PKR 144.6 billion.[2]
Key Information
Ten 660-MW coal-based power plants at Gadani Energy Park were to be constructed. China agreed to invest in six projects, two would be constructed by ANC Dubai, and one by the government of Pakistan.[3] Turkey's Ciner Group also agreed to start work on a 660-MW coal power plant at Gadani.[4]
In May 2017, the project was officially cancelled by the governments of Pakistan and China.[5]
References
[edit]- ^ "Gadani power project suspended". 24 February 2015.
- ^ "CDWP clears 6,600 MW Pakistan Park Project costing Rs144.6b - The Express Tribune". 17 July 2014. Retrieved 23 March 2018.
- ^ "MoU for 1,320MW coal-based plants at Gadani signed « PAKISTAN RENEWABLE ENERGY SOCIETY". Archived from the original on 24 March 2014. Retrieved 24 March 2014.
- ^ "Turkish company agrees to build 660MW power plant in Gaddani - The Express Tribune". 15 February 2014. Retrieved 23 March 2018.
- ^ "Failed Plan". thenews.com. Retrieved 19 August 2020.