LAHORE: The Punjab government has signed a Memorandum of Understanding (MoU) with China Power International (CPI) Holding Limited, a private company, for the setting up of four coal-fired power plants to generate 2,400 megawatt (MW) electricity in Pakistan within the next two to three years.
The plants, which will be set up in the Gaddani area of Lasbela district in Balochistan, will produce 600MW each.
Speaking on the occasion Punjab Chief Minister Shahbaz Sharif said that coal will be imported to Gaddani and the 2,400MW will be shifted to the National Grid Station to distribute power across the country.
The Punjab chief minister said that the MoU was signed within 25 days after he along with Prime Minister Nawaz Sharif had called on the management of CPI during their China visit.
He said that the first plants producing 1,200MW will be finalised in two years and the next two in 48 months.
When asked if the Balochistan government had been taken on board for the project, the Punjab chief minister said that the people of the province should be happy as China and the Punjab government was making a big investment in Balochistan. He also said that all issues related to the project will be dealt with according to the constitution.