China interested in Pak hydel, renewable energy projects

China has expressed interest to invest in hydel and renewable energy power projects in Pakistan and join hands with Wapda for development of various large-scaled hydropower power projects, saying it is also interested in establishing a local manufacturing setup for wind power equipments in Pakistan.

Head of the ten-member Chinese delegation, Chairman of the state-owned China Three Gorges Project Corporation (CTGPC), Cao Guangign expressed it during a meeting with the Federal Minister for Water and Power and Privatization, Syed Naveed Qamar on Tuesday.

Cao Guanging said “our corporation—CTGPC is seeking investment and cooperation for 1100-MW Kohala Hydropower, 7100-MW Bunji Hydropower and 720-MW Karot hydropower and several other hydel projects in Pakistan.”

He said the “corporation is all set to start construction of a 50-MW wind power project in Jhampir (Sindh) and will complete it next year.” He added that the corporation also plans to install a 2000-MW wind power and a 300-MW solar power project in Punjab and Sindh. Whereas the CTGPC’s sister organisation CWE is already working in the areas of wind and solar energy projects in Pakistan.

Federal Minister for Water and Power and Privatisation, Syed Naveed Qamar lauded Pak-China ties and thanked the Chinese government and the CTGPC in expressing interest in the development of energy sector of Pakistan.

“Pakistan is an energy-hungry country and the Chinese investment in the Hydel sector will help generate cheaper electricity for future requirements,” he hoped. Qamar assured the delegation that the government of Pakistan would extend full cooperation and facilitate the Chinese in water, power, coal and renewable energy projects.

The minister said that the government is making all possible measures to complete the formalities of the hydel power projects. He urged Wapda and the CTGPC to work together and find out possible solutions to all the related outstanding matters for solid cooperation in the hydropower generation.

Qamar also offered the Chinese delegation to invest in the Bhasha dam and Thar coal power projects. He appreciated the local manufacturing of wind power machinery and also offered large scale manufacturing of solar panels and wind energy turbines in Pakistan—as the corporation (CTGPC) has expertise in renewable energy development and operation and “Pakistan has a great potential for solar and wind energy projects.” It is worth mentioning here CTGPC, a wholly state-owned enterprise, is a huge clean energy group, which owns and operates the world’s largest hydropower station in China. Secretary of the Ministry, Chairman Wapda, MDs of PPIB, Pepco and CEO of AEDB and other senior officials of the Ministry were also present at the meeting.

Daily Times – Leading News Resource of Pakistan – China interested in Pak hydel, renewable energy projects.

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