Home Latest News Financial close of Thar Block-II power plant under CPEC set to be achieved in September
Latest News - August 5, 2020

Financial close of Thar Block-II power plant under CPEC set to be achieved in September

Chairman CPEC authority Lt. General ® Asim Saleem Bajwa has informed that the financial close of Thar Block-II, 330 Megawatts (MW) power plant under CPEC, is expected by the end of September. The power project, with $ 500 million investment, is being executed by Thal Nova and HUBCO has created 305 local jobs. Government is committed to timely completion of projects under CPEC. Thar Block-II is being pushed by the company’s own equity to prevent time loss.

ISLAMABAD (Dunya News) – Special Assistant to the Prime Minister on Information and Broadcasting Lt. Gen (r) Asim Saleem Bajwa on Tuesday said that the financial closes of 330 Megawatts (MW) Thar Block-2 power plant was expected in September end.

The project to be executed by Thal Nova and HUBCO was launched recently with an Investment $500 million.

In a tweet, Bajwa said that it has created 305 local jobs so far, adding that the project was being pushed by company s own equity to prevent time loss.

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