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CPEC projects to add 17,000 megawatts to national grid: Cabinet told


4/4/2018
The federal cabinet has been informed that energy projects under the China-Pakistan Economic Corridor (CPEC) project will contribute over 17,000mw to the national grid after completion. A presentation was made to the cabinet meeting, presided over by Prime Minister Shahid Khaqan Abbasi, on Tuesday by the Ministry of Planning, Development and Reforms on CPEC pursuant to cabinet''s decision of February 2018.
 
In a presentation, the cabinet was informed about various projects being undertaken in energy sector, infrastructure projects, industrial cooperation and development projects of Gwadar. The meeting was told that energy sector and infrastructure development constituted the major areas under the first phase of CPEC and completion of energy sector project will add 17,000mw to the system.
 
The Ministry of Planning stated that CPEC will significantly help towards ensuring inclusive development, especially the socio-economic development of the less-developed areas of the country by increasing GDP growth and strengthening various sectors of the economy. Annual report and audited financial statement of audit oversight board for the year 2017 were presented before the cabinet.
 
The cabinet approved signing of 07 memoranda of understanding with various countries aimed at enhancement of economic and strategic cooperation and carrying out a feasibility study of a project. The cabinet approved ''Prevention of Smuggling of Migrant Ordinance, 2018.''
 
The cabinet also assented to ceiling for allocation of grants-in-aid to bar councils and bar associations for 2017-18. Appointment of managing director Utility Stores Corporation was also approved by the cabinet. A proposal to grant additional charge of the post of chairman Port Qasim Authority Karachi to director general Ports & Shipping was also approved. The cabinet approved a summary regarding rationalization of the prices of Computerized National Identity Card (CNIC) and National Identity Cards for Overseas Pakistanis (NICOP).