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Asad Umar for expediting work on CPEC projects

ISLAMABAD: The Pak-China Relations Steering Committee directed finalisation of a uniform policy framework within a month for extension in commercial operation dates (CODs) of five power projects of about 3,600 megawatts being set up under China-Pakistan Economic Corridor (CPEC).

The meeting presided over by Planning Minister Asad Umar also directed the Power Division to ensure availability of sufficient power for operationalisation of 660kV transmission line from Matiari to Lahore from Sept 1. The committee also directed National Electric Power Regulatory Authority (Nepra) to finalise tariff for the project during the testing stage.

A number of projects under the CPEC, including those in the power sector, are currently facing delays for various reasons including the ongoing pandemic and surplus generation capacity. The multi-billion dollar economic cooperation had not been able over the last three years to maintain the impetus that delivered a series of power plants and other infrastructure projects in the first phase of the CPEC implementation.

The meeting discussed in detail the “ongoing projects under CPEC and the issues facing their investors,” said a statement after the second meeting of the recently created steering committee, mostly represented by federal secretaries and chairman of CPEC Authority besides military and intelligence agencies.

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