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CPEC contributes 300MW wind energy to national grid

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  • Post category:Pakistan
  • Post last modified:03/01/2019
  • Reading time:1 mins read

ISLAMABAD: The China-Pakistan Economic Corridor (CPEC) has contributed 300 megawatts of clean wind energy to the national grid through its four early harvest wind power projects.

An official from Chinese embassy in Pakistan said that these four wind projects are connected with the national grid included Dawood wind power project (50 MW), Sachal Energy wind farm (50MW), three gorges second wind farm project (100MW), and UEP wind farm project (100MW).

The commercial contract of this project was signed on September 11, 2015.

China Development Bank provided financing of US $ 252 million to the project, with the debt and equity ratio of 75 percent and 25 percent.

 

 

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Nasiruddin

M. Nasir Uddin commenced his career 25 years ago as sub-editor with PPI News Agency. For the last 20 years he remained associated with leading Urdu daily Express brought out from over ten different stations simultaneously. He reports religious parties, national politics and local bodies etc.