Business & Finance
Mega power project to be awarded to Chinese company
MUSHTAQ GHUMMAN%D%AISLAMABAD:The government is all set to award 600KV (4,000MW) HVDC (High Voltage Direct Current) 878-kilometres Matiari-Lahore Transmission Line Project of $2.
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An official on condition of anonymity told Business Recorder that most of the tariff related issues, etc, have been settled and it is hoped that project would be awarded to the Chinese company this week.
Unconfirmed sources told Business Recorder that the Chinese company has sought some additional amount for converter stations which the PPIB has agreed upon. In this regard a letter has been written to Nepra for inclusion of additional amount of converters in the tariff.