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Gadani Power Park master plan launched

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Gadani Power Park master plan launched
March 08, 2014

RECORDER REPORT

Master plan for Gadani Power Park was launched on Friday at Gaddani in a meeting between Chief Executive Officer (CEO), Pakistan Power Park Management Company Ltd (PPPMCL), Nargis Sethi and the projects' consultants including the Royal Hesconage, Lahmar international and NESPAK. The plan has been prepared in five weeks time since taking over by the present CEO, showing the fast track approached adopted by PPPMCL in realising the project.

With the launching of master plan, now it has become possible for investors to use it as a bankable document for raising their funds. Master plan for any project is considered to be a basic document. It provides concept about the location, extent, viability, infrastructure design and all other related information of the project needed by the investors to determine their own level of funding and its return.

According to details the master plan envisages ten power plants each of 660MW generation capacity and running on coal, total 6600 MW. The plan also provide to construct a dedicated state of the art coal handling jetty at the site where capsize vessels will be unloaded. There will be common facilities of cooling plants, coal providing conveyer belts, coal storage, ash disposal mechanism, residential schemes, hospitals, schools etc. The plan also envisages a dedicated power evacuation system connecting the plants with rest of the county's especially with Balochiatan.

The CEO PPPMCL, Nargis Sethi on this occasion said that launching of the master plan in five weeks time since her taking charge of the project is a milestone and manifestation of the seriousness the government attaches to the project. She said that the government has been providing special support to the project. She specially mentioned the support that the Balochistan government has extended to the project.

The CEO informed that negotiations are underway with investors from many countries including China, Turkey, UAE etc for installation of power infrastructure at Gadani. She said that they are closely following the developments at Gadani and their zeal indicates all success of the project. During the meeting with consultants, the CEO conveyed the desire of the Prime Minister Nawaz Sharif to further fast tract the project. She also asked them to undertake immediate measures for land levelling so that plot allocation would be made for power plants in shortest possible time.-PR

China agreed to set up four coal-fired power plants at Gadani Power Corridor in Balochistan: Nawaz

South Asian News Agency | China agreed to set up four coal-fired power plants at Gadani Power Corridor in Balochistan: Nawaz

Power park in Gaddani: Dubai group signs deal for two power plants
Power park in Gaddani: Dubai group signs deal for two power plants – The Express Tribune

Turkish group to invest in Gadani power park
Turkish group to invest in Gadani power park - DAWN.COM
 
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When actual work will start? What are the timelines?
 
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Three years through UAE two banks installment as mentioned in Express above link
 
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Credit: NESPAK

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