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Three Gorges International Corporation under a master plan, the firm intends to spend a sum of $15 billion by 2020 on different projects, including power generation of 10,000 megawatts (MW). PHOTO: FILE
KARACHI: Head of Chinese delegation and Senior Vice President of China Three Gorges International Corporation, Wang Shaofeng said that under a master plan, their firm intends to spend a sum of $15 billion by 2020 on different projects, including power generation of 10,000 megawatts (MW).
While holding a meeting with Sindh Chief Minister Qaim Ali Shah on Friday, he added that they are very keen for the Thar coal and mining project and development of Sindh and had already conducted a feasibility report.
Wang further said that his company intends to initiate two hydel power projects with generation of 2,000 MW. They also plan to generate 200 MW through solar energy and further generate 2,000 MW by wind power out of which 1,000 MW will be generated in Sindh, and the remaining 1,000 MW will be generated in other parts of Pakistan.
In his address, Shah said the government of Sindh will provide all incentives for development and progress of Thar Coal and Energy Project so as to achieve the target of power generation on coal.
Sindh Chief Minister further approved a grant of 50 acres land for a project of power generation through coal at Souda-Jherruk, Thatta, where instead of 400 MW; power worth 1,000MW will be generated.
He said that Sindh possesses huge resources of very good quality coal in various areas and Thar area possesses the maximum amount of it.
He further said that all basic infrastructures had been provided to develop the area and facilities like rest houses and airport are being initiated.
Published in The Express Tribune, October 22nd, 2011
Investment: Chinese company to generate 10,000MW – The Express Tribune
