China Pakistan Economic Corridor

Hub coal project will reduce poverty in Pakistan

Date of Release: 
Mar 19 2016

Federal Minister for Water and Power Khawaja Asif has said that the Hub coal power project will not only bring prosperity to the country but will also accelerate the pace of development in Balochistan.

He was talking with a delegation of the Hub Power Company (Hubco) comprising Chief Executive Khalid Mansoor, New Ventures Senior Vice President Tahir Jawaid, Chairman of the coal project company – China Power Hub Generation Company, Huang Yuntao and CPHGC CEO Zhao Yonggang who met with Federal Minister for Water and Power Khwaja Asif and Secretary Water and Power Younus Dagha on Friday.

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Counting the coal costs

Date of Release: 
Jan 31 2016

The much discussed China Pakistan Economic Corridor (CPEC), having an investment portfolio of $46 billion, envisages several electricity generation projects to be set up at a cost of around $35 billion. These projects include those depending on gas, solar energy and coal. It is predicted that around 10,400 MW of energy would be added to the national grid by March 2018, against the total projected supply of 16,400 MW on the completion of these projects.

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