ISLAMABAD, Sept 6: An implementation agreement for setting up of a 225-mw thermal power plant at Balloki was signed here on Wednesday between Orient Power Company and the government of Pakistan.

The chief executive officer Nadeem Babar signed the agreement on behalf of Orient Power Company and Private Power and Infrastructure Board (PPIB) managing director Khalid I. Rehman signed it on behalf of the government of Pakistan.

The signing ceremony was witnessed by Water and Power Minister Liaquat Ali Jatoi and senior officials of the ministry, PPIB and Orient Power Company.

The power purchase agreement and the gas supply agreement were earlier initiated by National Transmission and Dispatch Company and Sui Northern Gas Pipeline, respectively.

Orient Power was the first independent power producer to initial the agreements under the Policy for Power Generation Projects, 2002. This project would be capable of operating on dual-fuel, based on combined cycle technology, would use gas as fuel, and would be established at an estimated cost of $170 million.

The power plant was expected to provide electricity by 2008.

Mr Jatoi on the occasion said the government was making all efforts to induct power into the system to support rapid economic development in the country.

He said due to economic and investment-friendly policies, the private sector had expressed its interest in investing in the country, particularly in the power sector to secure investment.

Mr Jatoi said recently the PPIB advertised seven raw site hydropower projects internationally, soliciting proposals for these projects.

Opinion

Is it child abuse?
24 Sep 2021

Is it child abuse?

The SNC’s language mix doesn’t address our children’s emotional needs.
The gathering storm
Updated 24 Sep 2021

The gathering storm

The growing US-China rivalry has transformed the geopolitical scene, in particular the Asian strategic landscape.
New realities and challenges
Updated 23 Sep 2021

New realities and challenges

Will the Afghan Taliban entrust to the UN the responsibility of receiving and disbursing all aid?

Editorial

24 Sep 2021

Costs of growth

IS Pakistan’s growth party over? Not yet. But both the State Bank and government are now cutting down on the items...
Smear campaign
Updated 24 Sep 2021

Smear campaign

It is commendable that the government has taken the matter as seriously as it has, and delved deep into cyber investigations.
24 Sep 2021

Rising dengue cases

THE dengue monster is once again rearing its head in different cities of Punjab. More than 820 cases have surfaced ...
Dialogue, at last
Updated 23 Sep 2021

Dialogue, at last

The govt has attempted to make the ECP controversial at a time when its input is critical for the poll reforms
AUKUS controversy
Updated 23 Sep 2021

AUKUS controversy

Instead of flexing its military muscle, the Western bloc needs to engage China at the negotiating table.
Provocative act
Updated 23 Sep 2021

Provocative act

Afghan Taliban flags have been found hoisted at Jamia Hafsa seminary three times since Aug 21.