China Power Hub Generation Company is early harvest CPEC project set to be inaugurated today. CPEC journey escalating to completion wrapping multiple of projects one by one and CPHGC Power Plant is the next milestone achieved today. CPHGC is one of the important CPEC projects from energy portfolio.
CPHGC Power Plant to be inaugurated today – CPEC Update
PM Khan is going to inaugurate CPHGC in Hub Balochistan today. CPHGC is 1320 Megawatt coal-fired power plant which is a joint venture between CPHGC and Hub Power Company Ltd. (HUBCO) with the estimated cost of $2 billion.
CPHGC’s 1320 MW power plant attained commercial operation on August 17, 2019. Now this mega energy CPEC project is all set to be inaugurated by PM Khan today. CPHGC power plant is a remarkable energy generating addition to gap the energy shortfall in Balochistan.
1320 Megawatt CPHGC power plant aimed to add billion kWh of electricity to the national grid every year improving lives of four million households in Pakistan.
CPEC Infrastructure and Energy Projects – Progress Update
China Pakistan Economic Corridor (CPEC) is developing rapidly for early completion and better functionality within the set timeframe. Many CPEC based Road Projects have already been accomplished while others are progressing rapidly paving trade routes and shortening distances.
CPEC aiming to uplift country’s infrastructure and improving economic position of country already brought Pakistan into limelight. With rapidly progressing and completing CPEC infrastructure and energy projects, CPEC is attracting investments and businesses in Pakistan.
CPEC improving energy deficit of Pakistan working on multiple energy projects and CPHGC power plant is also one among them. Rest of 20 energy projects are also undertaking developments and few are just some steps far from completion.
Gwadar to Compete Dubai and Singapore says Chairman COPHC
Gwadar Port is officially opened for Transit Trade and first Afghan Transit Cargo reached Gwadar Port on Sunday October 20. Gwadar Port is now emerging as an advanced port and Chairman China Overseas Port Holding Company has shown resolve to make Gwadar the Biggest GDP Provider in Pakistan.
Now recently in a press talk Chairman COPHC expressed that Dubai and Singapore are real competitors of Gwadar Port and soon Gwadar will be racing both Port Cities. Now since Transit Trade has also been started at Gwadar Port, soon it will bring economic revolution in Pakistan.
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