Pakistan has approved a 1,400 MW coal-fired power plant to be set up by China's Shanghai Electric Group, a media report said today.
The project is among the "prioritised projects" under the China Pakistan Economic Corridor (CPEC) and is scheduled to start power generation in 2017-18.
The Dawn reported that a meeting of the board of directors of Private Power and Infrastructure Board (PPIB) approved the project.
The meeting was informed that Shanghai Electric would install four power units of 350MW each at Thar.
This is the second Thar coal-based power project in the independent power project (IPP) mode approved by the PPIB board, the first being the 660 MW Engro Power Project.
The development of Thar coal resources is expected to provide a major breakthrough to develop huge generation capacity using cheap local coal.
