Energy projects under CPEC to be completed on time

ISLAMABAD: Spokesman China Pakistan Economic Corridor (CPEC) on Wednesday said that all energy projects under CPEC would be completed by the given schedule and there was no confusion between Pakistan and China on this issue.

In a statement issued here, the spokesman said that the energy projects were initiated keeping in view the ongoing energy shortage in the country, out of which four projects had already been completed whereas work on other projects was underway according to the give time schedule.

Clarifying news item published in a newspaper, the spokesman said that during the sixth Joint Coordination Committee (JCC) on CPEC held in Beijing in December last year, the two countries decided to review the list of energy projects and to replace those projects which were not scientifically and technically unfit with the new ones.

By following this decision, the experts from the two countries held talks in February 2017 and signed an agreement, according to which it was decided that no change would made in installed capacity of 17,045 MW and the allocated funds of $34 billion.

It was also decided that after reviewing the energy projects' list, priority would be given to generate the electricity by initiating hydro power projects on river Sindh.

Spokesman further added that the revised list was prepared on the basis of scientific research and mutual agreement.

The spokesman said that working on any unfeasible project would be harmful for the country, therefore the revised list of energy projects was prepared on basis of mutual agreement.

It may be mentioned here that work on all projects under CPEC were underway according to the given time schedule and the two countries were committed that all projects of CPEC would be completed successfully at any cost.