Shangai Electric to invest $4bn in Thar coal power plants

10:12 PM | 21 Oct, 2019
Shangai Electric to invest $4bn in Thar coal power plants
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BEIJING – A Chinese Company Shanghai Electric will invest an amount of four billion dollars at Thar Coal block one and will establish two power plants of 1320 megawatt of electricity there, according to the Radio Pakistan .

A seven-member delegation of Shanghai Electric called on Sindh Chief Minister Syed Murad Ali Shah at Chief Minister's House on Monday to discuss the project.

Shanghai Electric is carrying out mining in that part of Sindh and will establish two power projects at Thar coal block one.

CM Shah has said financial close of the project will be undertaken by the end of this year.