Chinese consortium to invest in Sahiwal power plant: PM

[Edevelop]

Prime Minister Muhammad Nawaz Sharif has said that early harvest projects are important for Pakistan and their timely completion will give the required boost to our economy.

Talking to Chinese investors at a breakfast meeting in Sanya, China today (Friday), he said the Chinese investment is important for Pakistan and it will bring the economy into take off stage.

The Prime Minister assured full support and assistance of the government and said that the minor hiccups would be tackled.

The two sides also exchanged documents and intent of the two sides for investment in Sahiwal Power Plant.

Talking to media on the occasion, Nawaz Sharif said the Chinese consortium has agreed to invest in Sahiwal power plant.

The construction of the project will begin next month and will be completed by 2016.


The project includes two power plants of 660 megawatts each.

The Chinese companies have showed intent to form a consortium for investment in power sector in Pakistan. They appreciated investment policies of Pakistan and said that pro-investment policies have attracted them for investment in Pakistan.

Radio Pakistan

 

[maxpayne]

Prime Minister Muhammad Nawaz Sharif has said that early harvest projects are important for Pakistan and their timely completion will give the required boost to our economy.

Talking to Chinese investors at a breakfast meeting in Sanya, China today (Friday), he said the Chinese investment is important for Pakistan and it will bring the economy into take off stage.

The Prime Minister assured full support and assistance of the government and said that the minor hiccups would be tackled.

The two sides also exchanged documents and intent of the two sides for investment in Sahiwal Power Plant.

Talking to media on the occasion, Nawaz Sharif said the Chinese consortium has agreed to invest in Sahiwal power plant.

The construction of the project will begin next month and will be completed by 2016.

The project includes two power plants of 660 megawatts each.

The Chinese companies have showed intent to form a consortium for investment in power sector in Pakistan. They appreciated investment policies of Pakistan and said that pro-investment policies have attracted them for investment in Pakistan.

Radio Pakistan

It would be a miracle if they are completed by 2016!

 

[Edevelop]

Meanwhile,

Acquisition of Land for Establishment of 2X660 MW coal based power plant near Qadirabad in District Sahiwal at the cost of Rs. 2162.000 million.

Punjab govt. approves Rs 16,029.913m uplift schemes

 

[Chak Bamu]

What is the fuel to be used? Coal, Furnace Oil, or gas?

Thermal plants are easier / quicker to set up. Plus Shahbaz Sharif would be overseeing its implementation. So, one can expect it to be up and running.

 

[Edevelop]

PM and a Consortium of two Chinese companies exchanging documents

 

[ziaulislam]

if its coal then great.

 

[Nishan_101]

Worst!!! They are not bringing in serious people from Middle East to invest in Pakistan.

 

[[--Leo--]]

come on build some wind energy project please they are cheaper and good