China has expedited its initial work on $1.7 billion worth Matiari-Lahore high-voltage direct current transmission line project. According to sources Fushun Electric Porcelain Manufacturing Company has shipped 30 tons of direct current (DC) 660 kilovolts of Zinc Oxide Lightning Cooler to Pakistan for its grid project.
Fushun Electric Porcelain Manufacturing Company participated in the project as it was one of the key cooperation projects of the belt and road Initiative.
This DC transmission project is the first landing project for Pakistan to open foreign investment in the field of power transmission and transformation.
Based on the technical advantages of its own ultra-high voltage products for many years, Shen Fu New District Fushun Electric Porcelain Manufacturing Company successfully won the bid for the alternating current and DC pillar insulators and metal zinc oxide surge arresters of the project, with a total contract value of more than 57 million yuan.
The Matiari-Lahore high-voltage direct current transmission line project has already secured financing. This is the country’s first private sector transmission project under CPEC and will transmit more than 4,000 megawatts of coal-based electricity from projects in Sindh to the Punjab’s main grid.
The total investment of the project is $1.658 billion and it will be officially put into operation in 2021.