Pak­istan and Iran to sign 3,000 MW power sup­ply deal

The Pak Banker - - NATIONAL -

Pak­istan and Iran are all set to sign an agree­ment for the sup­ply of 3,000 Megawatt of elec­tric­ity to meet the in­creas­ing en­ergy de­mand of Pak­istan. The deal is ex­pected to take place dur­ing the Ira­nian Pres­i­dent Hasan Rouhani's visit to Is­lam­abad.

"Three power im­port deals are ex­pected to be linked by the two coun­tries in­clud­ing sup­ply of 100 MW, 75 MW and 1,000 MW," a diplo­matic source stated while talk­ing to the me­dia. Cur­rently, 73 MW of elec­tric­ity is be­ing im­ported by Pak­istan from the neigh­bour­ing Iran for Gawadar area. How­ever pay­ments for the im­port of elec­tric­ity have not been made to Iran since 2011.

The two coun­tries are ex­pected to dis­cuss all ar­eas of mu­tual in­ter­est and bi­lat­eral as­sis­tance in the field of en­ergy, trade, busi­ness and de­fence. At the same time, Min­is­ter of Wa­ter and Power Kh­waja Asif ex­pressed that Pak­istan was look­ing for­ward to the visit of Ira­nian pres­i­dent with great sig­nif­i­cance in the view that it would lead to fur­ther deep­en­ing of bi­lat­eral ties.

With re­gard to the in­creas­ing en­ergy de­mand in the coun­try, Min­is­ter of State for Wa­ter and Power Chaudhry Abid Sher Ali has stated that Tar­bela 4th and 5th ex­ten­sion power projects will add 2820 Mega Watt (MW) low cost hy­del elec­tric­ity to the na­tional grid sys­tem.

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