Gadani Power Park
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Gadani Power Park (also known as Pakistan Power Park or Gadani Energy Park) was a proposed energy complex in Gadani, Balochistan, Pakistan. The project has been cancelled.
Location
The map below shows the location of Gadani, Lasbela district, Balochistan, the approximate location of Gadani Energy Park.
Background
The Pakistani Government announced in August 2013 that it planned to establish a large power complex with technical and financial assistance mostly from China.[1] According to the plan, China is providing debt financing to cover 85% of the project cost, while the rest of the finances will be arranged by the government of Pakistan. The total cost of the project is PKR 144.6 billion.[2]
Ten coal plants, each 660 megawatts (MW), will be constructed at Gadani Power Park. Of these, China has agreed to invest in six projects, two projects will be constructed by ANC Dubai, one project has been initiated by Government of Pakistan.[3] The Ciner Group of Turkey has agreed to immediately start work on a 660 MW coal power plant at Gadani.[4]
Out of the ten power plants, two are owned by ANC Holdings which are investing $2.5 billion, while the rest of 8 power plants are owned by Pakistan government and financed by the Chinese government.[5] The complex will be managed by Pakistan Power Park Management Company. The project will also have all the cooling plants, conveyer belts, storage facilities and ash disposal mechanism. The plan also envisages an advanced power supply system for connecting the plants with the national grid.[6]
January 2015: Project cancelled
According to the Daily Times, Prime Minister Nawaz Sharif approved the cancellation of the project due to lack of expressions of interest among potential bidders. The project had been envisaged to be included for Chinese technical and financial assistance as part of the Pak-China Economic Corridor programme. However, China excluded it from the list of corridor projects. The government has closed down the Pakistan Power Park Management Company and laid off the staff.[7]
February 2015: Four projects survive but placed on backburner
According to a Gadani Power Park Deputy CEO Zafar Nasrullah, the Gadani power project was reduced from 10 power plants to four due to financial and technical objections raised by China, and the entire project was moved to the low priority list. Nasrullah was called to provide an update to the National Assembly Standing Committee on Planning and Development. The project is part of US$45.6 billion in investments promised by China under the China-Pakistan Economic Corridor agreement, in return for access to the Gwadar Port. Overall, the Ministry of Planning envisions 10 power plants costing US$9 billion total, plus US$4.43 for transmission lines and US$1 billion for jetty and marine-related infrastructure. Under the China-Pakistan Economic Corridor agreement, the four remaining Gadani plants would be placed among seven projects in a second phase of development after 2018.[8]
September 2016: Project described as "abandoned"
In a September 2016 article, Hussain Ahmad Siddiqui, the ex-Chairman of the State Engineering Corporation, described Gadani Power Park as "abandoned."[9]
November 2016: Oil refinery
In November 2016 the federal government said it had decided to establish a new oil refinery on the land allotted for the 6,600-megawatt coal-based Gadani Power Park Project.[10]
May 2017: Official cancellation
In May 2017, Pakistan and China announced that this project was being dropped from the CPEC Energy Cooperation Project.[11]
Project Details
- Sponsor: ANC Holdings (two units); Pakistan government (eight units)
- Parent company:
- Location: Gadani, Lasbela district, Balochistan, Pakistan
- Coordinates: 25.119444, 66.731944 (approximate)
- Status: Cancelled
- Gross Capacity: 6600 MW (10 x 660 MW)
- Type:
- Projected in service:
- Coal Type:
- Coal Source:
- Source of financing:
Articles and resources
References
- ↑ "Government to develop 6,600 MW Gaddani energy park: Ahsan," PML-N, September 6, 2013
- ↑ CDWP clears 6,600 MW Pakistan Park Project costing Rs144.6b
- ↑ "MoU for 1,320MW coal-based plants at Gadani signed," Pakistan Renewable Energy Society, March 9, 2014
- ↑ "Turkish company agrees to build 660MW power plant in Gaddani," Express Tribune, February 15, 2014
- ↑ "PPIB, ANC sign memorandam for constructing coal-fired plants in Gadani," Express Tribune, March 5, 2014
- ↑ Amin Ahmed, "Master plan for Gadani Power Park unveiled," Dawn.com, March 8, 2014
- ↑ Ahmad Ahmadani, "Federal govt all set to abandon flagship 6,600MW Gadani Coal Power projects," Daily Times, January 17, 2015
- ↑ "Low priority: Govt puts Gadani power project on the back burner," Express Tribune, February 4, 2015
- ↑ "Power Matters," The International News magazine, September 29, 2016
- ↑ "Oil refinery to be set up in place of Gadani coal power project," Dawn, Nov 23, 2016
- ↑ Pakistan, China drop 5 CPEC energy projects, The Nation, 19 May 2017.
Related SourceWatch articles
Wikipedia also has an article on Gadani Energy Park. This article may use content from the Wikipedia article under the terms of the GFDL.
