久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Asia

History unfolding with assist from China

By Zubair Qureshi | China Daily | Updated: 2019-04-27 09:48
Share
Share - WeChat

The Karot Hydropower Project, the star of the Belt and Road Initiative in Pakistan, is making history.

It is the first hydropower investment project of the China-Pakistan Economic Corridor, or CPEC, and includes a dam, spillway, powerhouse, diversion tunnels, head race power tunnels, and tail race tunnel.

At a time when Pakistan's energy sector is facing enormous pressure due to increased demand and reduced supply, the Karot Power Project, connected to the national grid by a 5-km, 500 kV transmission line, will breathe new life into Pakistan's energy pipeline and enable the country to meet a much larger share of its energy needs.

With a total investment of about $1.74 billion, the project is being developed on a Build-Own-Operate-Transfer, or BOOT, basis, with a construction period of five years and a concession period of 30 years.

Completion is scheduled for the end of 2021, after which the company will run and maintain the project for 30 years and then transfer it to the Punjab government for one rupee.

The project is the first hydropower station constructed by a Chinese enterprise using Chinese techniques and following its own standards.

The developer, Karot Power Co (Private) Ltd, or KPCL, is sponsored by China Three Gorges South Asia Investment Ltd, or CSAIL, a subsidiary of China Three Gorges Corp, or CTG.

"KPCL is committed to building the 720MW Karot Hydropower Project, which will yield benefits to the existing energy mix of the country and provide nearly 3,000 local jobs during the peak construction period, as well as tax revenues and water use charges," said Lu Dongsheng, the company's chief executive officer.

"Development of this project is tremendously beneficial for the livelihood of the people, particularly in light of Pakistan's current energy shortages," Lu told China Daily.

The Karot Hydropower Station represents the first investment project of the $40 billion Silk Road Fund established in Beijing on Dec 29, 2014, by the State Administration of Foreign Exchange, China Investment Corp, China Development Bank and Export-Import Bank of China.

Mandated by a philosophy of openness, inclusiveness and mutual benefit, the fund primarily provides investment and financing support for trade and economic cooperation and connectivity under the framework of the Silk Road Economic Belt and the 21st Century Maritime Silk Road Initiative.

The Karot project was announced during Chinese President Xi Jinping's state visit to Pakistan in May 2015.

Silk Road Fund Co, the management arm of the fund, has signed a financing memo with CTG and the Pakistan Private Power and Infrastructure Board, or PPIB, allowing the fund to become a major shareholder in CSAIL, a subsidiary of the group and an investment arm of CTG in South Asia.

The project also draws investment from the International Finance Corp.

As per details of the Korat Power project, a Letter of Support was issued to the company by PPIB on Aug 29, 2013. The EPC contract was signed on Feb 16, 2015 and the owner's Engineer Contract was signed on May 26, 2016.

River closure at the dam site was completed on Sept 22, 2018.

The author is a journalist with The Pakistan Observer and the story is a special contribution to China Daily.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 亚洲视屏在线 | 美国毛片一级视频在线aa | 国产精品v在线播放观看 | 精品久久一区二区 | 美女被免费网站在线视频软件 | 国产成人经典三级在线观看 | 爽爽免费视频 | 欧美国产日韩在线 | 日韩三级黄色 | 香蕉超级碰碰碰97视频在线观看 | 久久成年人视频 | 97青娱国产盛宴精品视频 | 九九精品成人免费国产片 | 亚洲欧美日本在线观看 | 亚洲精品亚洲人成人网 | 真实偷清晰对白在线视频 | 91视频一88av | 岛国大片在线播放高清 | 成人午夜私人影院入口 | 国产精品亚洲二区在线 | 成人18免费 | 成人福利网站在线看视频 | 精品国产免费观看久久久 | 日韩三级免费观看 | 欧美精品一区二区精品久久 | 欧美国产日本精品一区二区三区 | 在线观看人成午夜影片 | 精品在线免费视频 | 精品视频 久久久 | 亚洲日本va | 日韩欧美在线观看一区 | 精品九九视频 | 国产成人三级 | www.操操| 伊人色综合久久天天人手人停 | 国产一级大片免费看 | 国内精品久久久久久 | 欧美在线视频不卡 | 亚洲综合黄色 | 一区二区三区四区在线视频 | 欧美日韩一区二区在线视频 |