China lauds commissioning of 1st power plant under CPEC in Pakistan

At present 17 priority projects were under construction under the China Pakistan Economic Corridor (CPEC).

By: PTI | Beijing | Published:May 31, 2017 11:45 pm
china, cpec, world news, indian express news China on Wednesday welcomed the inauguration of the first unit of Sahiwal Coal Power Plant in Punjab Province. (Reuters/ File Photo)

China on Wednesday welcomed the inauguration of a coal-fired power plant under the multi-billion dollar China-Pakistan Economic Corridor in electricity-starved Pakistan, saying it will benefit the people in the country. “It is estimated that most of the power projects will be completed preceding the year 2019, easing lack of energy in Pakistan, which will benefit the people,” Chinese Foreign Ministry spokesperson Hua Chunying told reporters at Beijing.

She welcomed the inauguration of the first unit of Sahiwal Coal Power Plant in Punjab Province.

At present 17 priority projects were under construction under the China Pakistan Economic Corridor (CPEC).

The power plant, which is the biggest electricity power station in the area generating over 90 billion kilowatts of power, is an important project under the CPEC framework, she said.

Prime Minister Nawaz Sharif attended the inauguration ceremony. He highly appreciated the fact that the work has completed in 22 months, Hua said.

She said the energy projects were a game changer for the people along the CPEC route.

“We have also seen the benefits brought by the CPEC projects and Belt and Road Initiative,” Hua added.

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  1. V
    Vishwas Patil
    Jun 2, 2017 at 11:27 am
    Silent on the cost at which the plant is constructed? Silent the rate at which the power will be sold to the consumers? Very uncomfortable answers. Project cost @ 170 of the global standard and power rate @ $ 0.14 i.e. PKR 21 per kWh - costliest in the world probably. If the project fails to sell its power, Chinese power company safe - loan repayment and dividend guaranteed by stan Govt.
    Reply
  2. Z
    Zeb
    Jun 1, 2017 at 9:21 am
    Its not kind of love at first sight. China wants multiple wives and each working for better china. So marriage expense are OK like CPEC
    Reply
  3. M
    mehreen chandan
    Jun 1, 2017 at 8:15 am
    Hi - I am a stani who has been reading up on CPEC and looking at its results which are apparent in stan (some of them quite positive and some we need to think more about). The truth of the matter is stan's decision to enter this pact is economic. The same can mostly be said of China, I guess political reasons come in much later. My main take is that the average stani wants to be free of power outages, wants job opportunities and wants to do better in life. I think most stanis don't even think of it as an anti-Indian accord. It has started producing a number of economic benefits so as such it is seen as a good thing. However, that is just my humble take on it.
    Reply
  4. V
    vish
    Jun 1, 2017 at 7:24 am
    China has only one point agenda of threatening and troub India.
    Reply