UK Based Oracle Power Company build a 700MW coal-fired power plant in Pakistan
The UK Based Oracle Company:
The Pakistani government give permission to UK based Oracle Company to construct a seven hundred 700MW mega watt coal-fired power plant on its land.
Approval received by Pakistani government was officially contracted by Pakistan Private Power and Infrastructure Board (PPIB) will be facilitate Oracle and its followers to construct a seven hundred mega watt (700MW) coal-fired power plant in Thar desert, situated in south-east of Sindh. The ‘notice to proceed’ along with a ‘letter of intent’ are also being issued in this regard. This seven hundred mega watt (700MW) plant is a component of a huge venture that would add a total of fourteen hundred mega watt (1,400MW ) to the public network when completed.
UK based Oracle Power Company and its Chinese partners , followers particularly, Power China Industrial Group and Sichuan Provincial Investment Group had submitted an application to construct a power plant on said site in November previous year.
The CEO of Oracle company Shahrukh Khan said, “It is an important and essential pace in the rigid method in Pakistan, confirming the reciprocal commitments of Oracle power company and its consortium followers and the Government of Pakistan to this main power project.” The power plant is one of the various projects that are being fulfilled under the popular China Pakistan Economic Corridor.
With the financial worth as much as $46 billion, the China Pakistan profitable passageway is one of the biggest profitable projects that Pakistan has ever witnessed. The project consists of construction of a chain of road transportation, power projects and other power technology projects that are being construct equally by Pakistan and China.
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