Govt fa­cil­i­tates Power China for com­ple­tion of 1320-MGW power plant

Pakistan Observer - - EONOMIC WATCH -

MIAN ARSHAD ISLAMABAD—Fed­eral Min­is­ter of Plan­ning, De­vel­op­ment & Re­form Ah­san Iqbal, Thurs­day, said that Fed­eral gov­ern­ment was fa­cil­i­tat­ing Power China to meet the dead­line for com­ple­tion of 1320-MGW Im­ported Coal Based Power Plant at Port Qasim Karachi un­der China-Pak­istan Eco­nomic Cor­ri­dor (CPEC).

While talk­ing to a del­e­ga­tion of Power China led by its Pres­i­dent Du Chun­gou here he said that that power plant was a flag­ship project of CPEC and su­per crit­i­cal tech­nol­ogy was be­ing used to con­struct this power plant. The meet­ing reviewed the progress of 1320 MGW power plant at Bin Qasim and ex­pressed sat­is­fac­tion over the pace of work on it. Du Chun­gou com­mended the ef­forts of gov­ern­ment to fa­cil­i­tate Power China to com­plete the project and said that this power plant would be com­pleted in record time. Ah­san Iqbal said that com­ple­tion of this project would be part of ef­forts to gen­er­ate 10,000 MGW by 2018 to end the en­ergy cri­sis in the coun­try. Pre­sid­ing over the 58th meet­ing of the Na­tional Lo­gis­tic Board (NLB) here, he ap­pre­ci­ated the per­for­mance of NLC and its over­all con­tri­bu­tions in the na­tion building process.

Quar­ter Mas­ter Gen­eral Pak­istan Army / Of­fi­cer In­charge of NLC Lieu­tenant Gen­eral Javed Mah­mood Bukhari and Di­rec­tor Gen­eral NLC Ma­jor Gen­eral Mush­taq Ahmed Faisal briefed the par­tic­i­pants about the op­er­a­tional, ad­min­is­tra­tive and fi­nan­cial mat­ters with spe­cial ref­er­ence to the ac­com­plished tasks and future de­vel­op­ment plans of NLC.

The Board af­ter thor­ough de­lib­er­a­tions ap­proved the Au­dited Fi­nan­cial State­ments for FY 2013/14 and FY 2014/ 15. Ap­point­ment of ex­ter­nal au­di­tors of NLC for FY 2015/16 was also rat­i­fied by NLB. While giv­ing pol­icy guide­lines to NLC, Ah­san Iqbal said that CPEC was bound to open new vis­tas of un­lim­ited op­por­tu­ni­ties for the in­dus­trial sec­tor in gen­eral and lo­gis­tics sec­tor in par­tic­u­lar. It was im­per­a­tive that the pro­gres­sive out­look and fu­tur­is­tic plans of the or­ga­ni­za­tion be specif­i­cally aligned in ac­cor­dance with trans­porta­tion needs of the CPEC project, he said.

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