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Latest News - June 15, 2023

China Energy Group’s 700MW Azad Pattan hydropower project in Pakistan ready for construction

Wang Huihua, Managing Director of China Energy Int’l Group’s Pakistan Branch, announced at a conference in Islamabad that the Azad Pattan hydropower project, a 700-megawatt initiative led by Energy China, is prepared for construction after completing feasibility studies and acquiring land. Wang emphasized that the project would provide affordable and clean energy to Pakistan and urged the government to prioritize it within the China-Pakistan Economic Corridor (CPEC) for faster financial closure.

Wang Huihua, Managing Director of China Energy Int’l Group’s Pakistan Branch, announced that the 700-megawatt Azad Pattan hydropower project, run by Energy China, is ready for construction after the completion of a feasibility study and land acquisition.

Wang made these remarks at the ‘Pakistan Energy Sector Landscape: Challenges & Opportunities’ conference held at NUST University, Islamabad.

He explained that the project would provide cheap, clean energy to Pakistan. “We have been developing this project for six years. We hope the government will give it more priority in the China-Pakistan Economic Corridor (CPEC) initiative to expedite financial closure,” he said.

He further stated that Energy China believed that investing in renewable energy in Pakistan was financially viable. “We are committed to setting up our long-term operation in Pakistan and investing more,” he said.

He highlighted that China Energy Engineering Corp. (Energy China) has been present in Pakistan for the past 20 years. “Energy China considers Pakistan as its favored investment destination,” he added.

Wang also pointed out some of the challenges faced by foreign investors in Pakistan, underscoring the importance of resolving them quickly to foster win-win cooperation.

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