PM Shehbaz to inaugurate first CPEC hydropower project today
The 720-megawatts Karot hydropower project of CPEC has successfully passed the 168-hour long reliability test run and will start commercial operations from today. Prime Minister Shahbaz Sharif will inaugurate the landmark CPEC project today. In addition, Karot Power is a special-purpose vehicle incorporated in Pakistan for executing the project by China Three Gorges (CTG) South Asia Investment Ltd., a subsidiary of CTG.
ISLAMABAD – The 720-megawatts Karot hydropower project of China-Pakistan Economic Corridor (CPEC) has successfully passed the 168-hour long reliability test run and will start commercial operations from today, a testing engineer at Karot Power Company told Gwadar Pro on Tuesday.
Prime Minister Shahbaz Sharif will inaugurate the landmark CPEC project the same day, another official of Karot Power said.
Karot Power is a special-purpose vehicle incorporated in Pakistan for executing the project by China Three Gorges (CTG) South Asia Investment Ltd., a subsidiary of CTG.
The test run was launched on June 21 and concluded in the morning of June 28, the testing engineer said. During the period, all other necessary tests were also carried out, including the initial capacity test (ICT) meant to test all four units of the plant at a full capacity of 720MWs, he added.
All the tests were successful and the first hydropower plant under CPEC will achieve commercial operations date (COD) on June 29, he said.
Karot HPP has been completed at a cost of US$1.72 billion. The project will play a vital role in Pakistan’s energy security by providing clean and affordable electricity. The run-of-river facility has already contributed Rs4 billion worth of electricity to the national grid free of cost. The government has determined a tariff of 10 US cents per unit of electricity for Karot Power. “We will start charging electricity charges from June 29,” the official said.
The reliability test was witnessed by independent international engineers and officials of relevant government departments, the official said.
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