Gwadar Coal Power Project Faces Axe Amidst Government Uncertainty
Friday, 13 September 2024, 23:31
Gwadar Coal Power Project Exhibit Government's Dilemma
ISLAMABAD: The Gwadar coal power project encounters a precarious situation as the federal government shows signs of scrapping the 300 MW imported coal-fired initiative. CIHC Pak Power Company Pvt Ltd (CPPCL), the Chinese firm behind the project, expresses reluctance to advance without certain conditions being met.
Shah Jahan Mirza's Role in CPEC
Amid this uncertainty, Shah Jahan Mirza's involvement in the decision-making process remains a focal point. The implications of this project are substantial for the power sector and the broader CPEC framework.
Consequences of Scrapping the Project
- Impact on Energy Security: The cancellation could jeopardize local energy availability.
- Investment Implications: Foreign investments may dwindle if such projects are abruptly halted.
- Regulatory Challenges: NEPRA’s role will be pivotal in assessing regulatory compliance.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.