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Chinese firms to invest $15bn in Pakistani coal-fired power

May 4, 2017

By Paul Homewood

 

From PEI:

 

 

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Officials at the Pakistani water and power ministry have said Chinese companies are expected to spend around $15bn over the next 15 years to build close to a dozen coal-fired power plants of varying sizes around the country.
Reuters reports that Mohammed Younus Dagha, the former federal secretary for water and power, who became commerce secretary at the end of March, is emphasising that the coal plants are part of a larger plan.

That is the $54bn China-Pakistan Economic Corridor (CPEC), which includes spending of about $33bn on a total of 19 energy projects, including coal-fired and renewable power plants, transmission lines, and other infrastructure.
“Hefty investment under the CPEC project has held out hopes of significantly spiking domestic
power generation (by) around 6,000 MW by the end of 2018,” Dagha said.
Combined, the projects will eventually generate 16,000 MW of electricity, which the government says is urgently needed.
Coal power will, according to these projections, account for 75 per cent of the newly generated power, which the government says will be installed with the latest in pollution-minimizing equipment.

http://www.powerengineeringint.com/articles/2017/05/chinese-firms-to-invest-15bn-in-pakistani-coal-fired-power.html

 

Quite apart from politico-strategic considerations, China will be hoping to sell much of this coal. Currently, according to BP, Pakistan only produces about a third of the coal it uses.

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5 Comments
  1. martinbrumby permalink
    May 4, 2017 9:21 am

    Meanwhile, the British Taxpayer is still happily sending wads of cash ‘aid’ to both China & Pakistan. (And let’s not forget North Korea!)
    Something to contemplate, now we have destroyed the British coal industry, are trying to prevent shale gas from happening and keeping on subsidising whirligigs and sunbeam catchers.
    You know it makes sense!

    • Graeme No.3 permalink
      May 4, 2017 10:13 am

      Couldn’t they just burn the banknotes? Would (in a better organised country) help keep old pensioners warm, and not add further to the CO2 levels.
      Even better directed than burning down tropical rain forests and planting oil palms. Cuts out the particulate problem as Borneo, Sumatra and Columbian forests are burnt “to reduce CO2 emissions.

    • Jack Broughton permalink
      May 4, 2017 6:43 pm

      I was led to believe that Preti Patel was moved to DFID to sort out the madness of funding the rapid growth of our competitors. However, as with most policy matters (CCA and health notably) the government has fought shy of changing any of the policies that are wrong.

      However, our establishment-owned press will ensure that these matters are not brought to the attention of the electorate, at least before the election: they enjoy lampooning jezzer too much!

  2. AndyG55 permalink
    May 4, 2017 9:47 am

    Sweet.. Let the atmospheric CO2 rise continue. 🙂

  3. May 4, 2017 10:57 am

    I am surprised that no mention has been made here of the nuclear potential, where advances in the technology offer the prospect of very safe generation with the likelihood of costs less than that of coal.
    The Thorium based Denatured Molten Salt Reactor being a case in point.
    However R&D investment in this area to develop small commercially viable modular units appears sadly lacking.
    Robert Hargreaves’ book “Thorium- Cheaper than Coal” is worth a read.

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