PRIVATE POWER & INFRASTRUCTURE BOARD

 

GOVERNMENT OF PAKISTAN

MINISTRY OF ENERGY (POWER DIVISION)

   
  NEWS/EVENTS

 

PPIB ISSUES LETTER OF SUPPORT TO

1320 MW COAL BASED IPP AT HUB

22-April-2016
Minister for Water and Power witnessing the signing ceremony of LOS to 1320 MW Coal Based IPP at HUB

Islamabad, 22 April, 2016: Private Power and Infrastructure Board (PPIB) today issued Letter of Support (LOS) to China Power Hub Generation Company (Pvt) Limited (CPHGCL) for development of 1320 MW imported coal based power generation project at Hub, Balochistan. The project is being sponsored by Hub Power Company Limited and China Power International Holdings. Minister for Water & Power Khawaja Muhammad Asif, Secretary Water & Power Mr. Mohammad Younus Dagha and other senior officials of PPIB and Ministry of Water & Power witnessed the ceremony. The document was signed by Mr. Shah Jahan Mirza, Managing Director PPIB and from the company's side it was signed by Mr. Zhao Yonggang, CEO of CPHGCL.

 

Being included as 'Priority Project' under the China-Pakistan Economic Corridor (CPEC) program, this project assumes further importance. The Project shall be instrumental in socio-economic uplift of the remote area of Hub besides generating employment opportunities for the local population. The project development is progressing at rapid pace and it is expected that it will come online by in 2019.

 

Khawaja Asif said that in order to get sufficient and affordable electricity in short time, Private Power and Infrastructure Board (PPIB) has been mandated by the government to process power generation projects utilizing coal, hydro and R-LNG through private sector. As a result of efficient processing by PPIB, so far two coal fired power projects of 2640 MW which include 1320 MW Power Project by Sinohydro Resources/Al-Mirqab Capital Qatar at Port Qasim, Sindh and 1320 MW Power Project by Huaneng Shandong Ruyi at Sahiwal, Punjab have already started construction activities. The 2 x 330 MW Thar coal based Engro Powergen at Thar Block-II, Sindh after achieving Financial Close has entered into the construction phase. With proactive support of PPIB, all the project related activities were timely completed which lead to the ground breaking of the project recently on 11th April, 2016.

 

PPIB also holds the honour of paving way for hydro IPPs in the country through successful completion of 84 MW New Bong Escape Hydropower Project by HUBCO group. Currently, 147 MW Patrind and 102 MW Gulpur Hydropower Projects are under construction, which are expected to be completed by April 2017 and October 2019 respectively.

 

 

 

 
 
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