Gadani Energy Park

Gadani Energy Park
Country	Pakistan
Status	under-construction
Construction began	2014
Construction cost	PKR 144.6 billion USD 1.5 billion
Owner(s)	Government of Pakistan and Government of China
Thermal power station
Primary fuel	Coal Imported from Iran
Power generation
Units operational	10×660 MW

Gadani Energy Park (also known as Pakistan Power Park) is an under-construction energy complex in Gadani, Balochistan, Pakistan. Pakistani Government announced in August 2013 to establish 10 coal power plants of total capacity of 6,600 MW with technical and financial assistance mostly from China. China is providing with debt to cover 85% of the project cost, while the rest of the finances would be arranged by the government of Pakistan. The total cost of the project is PKR 144.6 billion.

10×660 MW coal based power plants at Gadani Energy Park will be constructed, while Chinese have agreed to invest in 6 projects, two projects will be constructed by ANC Dubai and one project has been initiated by Government of Pakistan. The Ciner Group of Turkey has agreed to immediately start work on a 660 MW coal power plant at Gadani.

Out of the ten power plants, two are under-construction and owned by ANC Holdings which are investing $2.5 billion, while the rest of 8 power plants are owned by Pakistan government while are financed by Chinese government. The complex will be managed by Pakistan Power Park Management Company, the project will also have all the cooling plants, conveyor belts, storage facilities and ash disposal mechanism. The plan also envisages an advanced power supply system for connecting the plants with the national grid.

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Wikipedia