Gadani Power Project Explained

Gadani Power Project
Country:Pakistan
Status:Abandoned
Cost:PKR 144.6 billion
USD 1.5 billion
Owner:Government of Pakistan and Government of China
Th Fuel Primary:Coal Imported from Iran
Ps Units Operational:10×660 MW

The Gadani Power Project (also known as Pakistan Power Park) was a proposed energy complex in Gadani, Balochistan, Pakistan, under the China-Pakistan Economic Corridor.[1] In August 2013, the Pakistani government announced the establishment of ten coal power plants with a total capacity of 6,600 MW, with technical and financial assistance mostly from China. China would provide funds to cover 85% of the project cost, while the rest of the finances would be arranged by the government of Pakistan. The total cost of the project was PKR 144.6 billion.[2]

Ten 660 MW coal-based power plants at Gadani Energy Park were to be constructed; China agreed to invest in six projects, two would be constructed by ANC Dubai, and one project was to be initiated by the government of Pakistan.[3] Turkey's Ciner Group also agreed to start work on a 660 MW coal power plant at Gadani.[4]

In May 2017, the project was officially cancelled by the governments of Pakistan and China.[5]

Notes and References

  1. Web site: Gadani power project suspended . 24 February 2015 .
  2. Web site: CDWP clears 6,600 MW Pakistan Park Project costing Rs144.6b - The Express Tribune. 17 July 2014. 23 March 2018.
  3. Web site: MoU for 1,320MW coal-based plants at Gadani signed « PAKISTAN RENEWABLE ENERGY SOCIETY . 24 March 2014 . https://web.archive.org/web/20140324034219/http://www.pres.org.pk/2014/mou-for-1320mw-coal-based-plants-at-gadani-signed/ . 24 March 2014 . dead .
  4. Web site: Turkish company agrees to build 660MW power plant in Gaddani - The Express Tribune. 15 February 2014. 23 March 2018.
  5. Web site: Failed Plan . thenews.com . 19 August 2020.