Recently, China Communications Industrial Investment Pakistan Power Co., Ltd. completed the signing of the Implementation Agreement (IA), the Additional Agreement and the Power Purchase Agreement (PPA) in Islamabad.

Since its establishment, the project team has overcome various difficulties under the leadership of China Communications Group, China Communications Industrial Investment and Tianjin Energy Investment Group, and has successively completed government approval, site selection, environmental assessment, approval of electricity prices and power generation certificates, and project land use under complicated circumstances. Work such as leasing. The signing of the three major agreements of the project presents a gift for the 70th anniversary of the establishment of diplomatic relations between China and Pakistan. After the completion of the project, it is of great significance to further deepen the traditional friendship between China and Pakistan, promote cooperation between the two countries in the energy field, and promote the economic development of the Gwadar region.

China Communications Industry and Investment Power Company will unswervingly implement the China Communications Group’s long-term goal of "building a world-class enterprise with global competitiveness in technology, management, and quality", and coordinate and balance epidemic prevention and control with production and operation. “The beginning is the climax, the start is the sprint”, speed up the implementation of the project, strive to build the “exquisite project” of China Communications Group, present the party’s centennial birthday with outstanding performance, and contribute to the “14th Five-Year Plan” of China Communications Group!

Keywords: One Belt One Road, overseas projects, engineering construction

The project adopts the "independent power producer model" (IPP model) for investment and development. The power company is responsible for the investment, construction and operation of the power plant. The total investment is US$500 million. The construction period is 30 months and the operation period is 30 years. Editor/Tian Zengpeng