The delayed 300-MW Power project based on imported coal at Gwadar under CPEC has been re- approved by Private Power & Infrastructure Board (PPIB).
Briefing to the technical committee, the Managing Director PPIB explained that 300-MW Gwadar coal power project is a CPEC project, which has already got its approval from Sinosure and lenders. It was proposed to the Chinese Government to shift this project to either Thar, or local coal which was turned down as per Chinese government policy to not finance any coal project outside of China.
As per the meeting held on January 3, 2023 chaired by Minister Planning Development and Special Initiatives, it was decided that the project shall continue to be established at Karwat (Gwadar) on imported coal with COD by December 2025. During meeting the recent meeting held in PPIB, the representative NTDC has proposed that an update from QESCO regarding availability of power line may also be obtained. Representative of Government of Punjab opined that the proposition of maximum utilization of local coal may also be considered while finalizing PPA. The Chair endorsed the view point of Punjab government.