Friday , April 10 2020

Govt puts major CPEC power project on hold

ISLAMABAD: The Pakistan Tehreek-i-Insaf (PTI) government has taken a major decision by cutting down the resources dedicated to a  project that was started by previous government under  the China-Pakistan Economic Corridor (CPEC) and will push start numerous schemes under the Public Sector Development Programme (PSDP) towards the end of this month month.

Sources informed that officials in Islamabad informed the people in Biejing that we are n more interested in the 1,320 MW Rahim Yar Khan power project, seeing that sufficient generation capacity has already lined up for the next few years.  The request is formally made to delete the  project from the  CPEC list.

8th Joint Coordination Committee (JCC) meeting that was conducted in last month by Pakistan.

Minister for Planning and Development Makhdoom Khusro Bakhtyar led a Pakistani envoy and proposed some amendments in the CPEC list. He also “proposed to remove the Rahim Yar Khan imported fuel power plant (1,320MW) from the CPEC list, in order to provide structure optimization space for the subsequent power market of Pakistan”, said an official while quoting this from Dec 20 JCC meeting.

Chinese side offered a joint study pertaining to the optimization of energy projects that can be met at earliest.

Initially it occurred to then Chief Minister Punjab , Shehbaz Sharif who used to attend the JCC meeting on the behalf of Prime Minister of Pakistan, Nawaz Sahrif that Imported coal-based plants by Quaid E Azam power plants must be launched. A leading Businessman said that he would want to be one of the key sponsors.

The Project was removed from the  CPEC lists when it was highlighted bu bureaucracy that surplus generated has already been contracted.

PTI  government doesn’t want to put burden on the already flinching economy, he said that Diamer Bhasha dam will be included in CPEC list and coal project be removed


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