Under China-Pakistan Economic Corridor (CPEC), a joint venture of Hub Power Company (Hubco) and a Chinese company announced that they would set up two coal-fired power plants of 1650MW in Hub, (Balochistan) and Thar, Sindh.
China Power Hub Generation Company, Hubco, Private Power Infrastructure Board (PPIB) and Central Power Purchasing Agency (CPPA) signed the document relating to Power Purchase Agreement (PPA) and Implementation Agreement (IA) in Islamabad in the Ministry of Water and Power.
Under the agreements, 1320MW coal-fired power plant will be established in Hub, Balochistan and 330MW in Thar, (Sindh).
Minister for Water and Power Khawaja Muhammad Asif while talking on the occasion termed these projects a major milestone, adding that Thar which was known as drought hit area would now become the energy capital. He said construction work on 1320MW power plant in Hub has already begun and these two projects will be completed in 2019.
The minister said the government is giving preference to the use of local coal from Thar for generating cheap electricity. He said these projects will open up new chapter in the energy sector and in the coming years Thar will be the centre of energy supply. These projects will prove to be pilot projects as Thar coal will be opened up.
