A delegation of China Power Hub Generation Company (CPHGC) led by Chief Executive Officer, Zhao Yonggang called on Prime Minister Imran Khan. CEO CPHGC apprised the Prime Minister about the progress made so far on an important CPEC project for installation of 1320 MW (660×2) power plant in Hub, Balochistan. The project is a joint venture between HUBCO Pakistan and China Power Holding Ltd. The project is estimated to cost US $ 2 billion.
The Prime Minister was apprised that the project’s first state-of-the-art and environment friendly unit has successfully been synchronized with the National Grid. Zhao informed that all tests required for commissioning of the first unit were completed on August 14, 2019 which was a special gift to the people of Pakistan on Independence Day.
The Prime Minister on the occasion consented to the invitation extended by CEO to inaugurate the first Unit of the project in October 2019. The Prime Minister also encouraged CPHGC to set up waste-to-energy power plant in the country. The Prime Minister said that the new energy policy of the government focuses on promoting alternate and renewable sources of energy. The Prime Minister reiterated commitment of the government to provide facilitation to the investors in undertaking profitable business ventures in Pakistan.
Minister for Energy Omar Ayub Khan, Minister for Maritime Affairs Syed Ali Haider Zaidi, Chairman Board of Investment Syed Zubair Haider Gilani, Chairman FBR Syed Shabbar Zaidi and other senior officials attended the meeting,