ISLAMABAD, May 14 :Prime Minister Shahid Khaqan Abbasi
Monday witnessed signing of agreements between Power Division of Pakistan
and State Grid Corporation of China, for construction of 878 kilometer 600
KV HVDC Bipole Transmission Line from Matiari to Lahore.The signing ceremony
was held here at the PM House.
Project Implementation Agreement (IA) was signed by Mr.
Shahjahan Mirza MD PPIB and Shu Yinbiao, Chairman of State Grid Corporation
of China while Transmission Service Agreement, Land lease Agreement, O & M
Agreement was signed by Shu Yinbiao from the Chinese side and MD NTDC on
behalf of the Power Division.
Under the agreements, which are part of the Pakistan China Economic
Corridor, two Convertor Stations with AC Switching Stations at Matiari and
Lahore; two Electrode Stations at Matiari & Lahore each and three Repeater
Stations along the route of the line will also be constructed.
During the briefing about the agreements, the prime
minister was informed that with the launching of "China Pakistan Economic
Corridor" energy portfolio, planning for evacuation of power from the
upcoming power plants, including Thar, Port Qasim, nuclear and at Hub, was a
Accordingly, HVDC Transmission Line was planned under CPEC for which
Cooperation Agreement was signed in 2015 between NTDC and State Grid
Corporation of China.
This flagship project is first of its kind in Pakistan
and also the first being executed under the Government of Pakistan
Transmission Policy-2015 on Build, Own, Operate and Transfer (BOOT) basis
for 25 years.
The project has a completion time of 27 months and
Commercial Operation Date (COD) has been fixed at March 1, 2021.