AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,626 Increased By 100.3 (1.33%)
BR30 24,814 Increased By 164.5 (0.67%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)
Print Print 2024-03-27

Early completion of Gwadar Power Plant ordered

  • Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directs concerned stakeholders to remove all the bottlenecks and start the construction work immediately
Published March 27, 2024

ISLAMABAD: Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal directed authorities concerned to expedite the construction of the Gwadar Power Plant.

The minister made these directions while chairing a meeting to review the progress of Gwadar Power Plant.

The meeting was attended by officials of the ministry, managing director Private Power Infrastructure Board (PPIB), Minister Counsellor from Chinese Embassy Yang Guangyuan, and other relevant stakeholders.

Gwadar coal-fired power plant: PPIB extends financial closing date

It was noted that the PPIB is processing the 300MW coal power project at Gwadar, being developed by M/s CIHC Pak Power Company (Pvt) Limited (CPPCL). The project is on the “priority list”“ of the China-Pakistan Economic Corridor (CPEC) and holds paramount importance for the energy infrastructure and economic development of the region.

“The supply of electricity is essential in Gwadar and no delay will be accepted,” said the minister while directing the concerned stakeholders to remove all the bottlenecks and start the construction work immediately. Terming Gwadar “the gateway of CPEC”, the minister said that the incumbent government has expedited the implementation on phase 2 of the CPEC while integrating it with five new economic corridors.

The development of Gwadar Port City, New Gwadar International Airport and East Bay Expressway is going to transform the city of Gwadar into a maritime trade hub and a new smart port for the region. It will also lead to industrialisation in Balochistan, he said.

It was noted that all major projects under CPEC in Gwadar, including Gwadar Power Plant, distribution of 2,000 boat engines to fishermen of Gwadar, Khuzdar-Panjgur Transmission line (via Nag-Basima) which connect Makran with National Grid, New Gwadar International Airport Project, the China-Pak Friendship Hospital, China-Pak Technical and Vocational Institute in Gwadar, the Gwadar East-bay Expressway Project, Gwadar Free Zone, and Gwadar Port would become a shining pearl in the region.

During PDM’s tenure, several projects were completed by the then government in Gwadar particularly related to water and electricity that were neglected by the previous government deliberately.

Besides, in budget 2023-24, the allocation of development funds for Balochistan had been doubled.

Copyright Business Recorder, 2024

Comments

Comments are closed.

AlipBAy Mar 27, 2024 08:24am
Stop indulging in politics! Focus on providing security!
thumb_up Recommended (0)
KhanRA Mar 27, 2024 11:25am
Why even cover these sorts of “order project to be completed earlier” garbage pieces? It’s just political slogans. You cannot magically make a project go faster without more funds and labour!
thumb_up Recommended (0)
KU Mar 27, 2024 11:48am
In haste to pollute and contribute to already screwed-up climate change. The dynasty who has Sin'd must be answerable for apposing Kalabagh dam, not only cheap energy but scarce water availability.
thumb_up Recommended (0)
Ch K A Nye Mar 27, 2024 12:13pm
Political bakwaas. These has-beens continue to believe they can fool people with their "orders".
thumb_up Recommended (0)
Pakistani1 Mar 27, 2024 01:03pm
We have heard similar statements from various governments over the last multiple years. Nothing happens after these statements. Are things different now?
thumb_up Recommended (0)