AIRLINK 196.50 Increased By ▲ 2.94 (1.52%)
BOP 10.25 Increased By ▲ 0.30 (3.02%)
CNERGY 7.88 Decreased By ▼ -0.05 (-0.63%)
FCCL 39.80 Decreased By ▼ -0.85 (-2.09%)
FFL 17.09 Increased By ▲ 0.23 (1.36%)
FLYNG 27.12 Decreased By ▼ -0.63 (-2.27%)
HUBC 133.95 Increased By ▲ 1.37 (1.03%)
HUMNL 14.10 Increased By ▲ 0.21 (1.51%)
KEL 4.78 Increased By ▲ 0.18 (3.91%)
KOSM 6.64 Increased By ▲ 0.02 (0.3%)
MLCF 47.18 Decreased By ▼ -0.42 (-0.88%)
OGDC 214.79 Increased By ▲ 0.88 (0.41%)
PACE 6.96 Increased By ▲ 0.03 (0.43%)
PAEL 42.00 Increased By ▲ 0.76 (1.84%)
PIAHCLA 17.15 No Change ▼ 0.00 (0%)
PIBTL 8.50 Increased By ▲ 0.09 (1.07%)
POWER 9.60 Decreased By ▼ -0.04 (-0.41%)
PPL 183.96 Increased By ▲ 1.61 (0.88%)
PRL 42.90 Increased By ▲ 0.94 (2.24%)
PTC 25.15 Increased By ▲ 0.25 (1%)
SEARL 109.80 Increased By ▲ 2.96 (2.77%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.11 Increased By ▲ 4.01 (10%)
SYM 17.86 Increased By ▲ 0.39 (2.23%)
TELE 8.96 Increased By ▲ 0.12 (1.36%)
TPLP 13.06 Increased By ▲ 0.31 (2.43%)
TRG 67.60 Increased By ▲ 0.65 (0.97%)
WAVESAPP 11.68 Increased By ▲ 0.35 (3.09%)
WTL 1.83 Increased By ▲ 0.04 (2.23%)
YOUW 3.97 Decreased By ▼ -0.10 (-2.46%)
BR100 12,249 Increased By 204.5 (1.7%)
BR30 36,933 Increased By 352.6 (0.96%)
KSE100 115,663 Increased By 1625.1 (1.43%)
KSE30 36,398 Increased By 603.9 (1.69%)

The Standing Committee on Planning, Development and Reform met under the Chairmanship of Abdul Majeed Khan Khanan Khail, MNA here on Tuesday. The Committee was briefed that the Prime Minister approved the concept of 6,600MW Pakistan Power Park at Gadani on July 26, 2013 and a company, named Pakistan Power Park Management Company Ltd (PPPMCL) was established on August 6, 2013 under Section 42 of the companies Ordinance, 1984, under the Ministry of Water & Power.
The project was originally proposed to establish 10 x 660MW coal-fired power plants with total generation capacity of 6,600MW for which MoUs were signed with Chinese and other power sector companies on IPP basis. Meanwhile, China-Pakistan Economic Corridor Projects has to finalise list of Early Harvest Projects to be presented to the Chinese side during the Expert Group meeting on energy.
During meeting with Chinese side in Beijing it has been decided and agreed by both sides that Pakistan Power Park at Gadani shall be placed in the actively promoted list of projects. MNAs Dr Nafisa Shah, Asyia Nasir, Sher Akber Khan and Iftikhar-ud-Din were present in the meeting.-PR

Copyright Business Recorder, 2015

Comments

Comments are closed.