Iran to finance $300m power supply project in Pakistan

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Iran will finance a power supply project in Pakistan, valued at $300 million, ISNA quoted Iranian deputy energy minister Mohammad Behzad as saying.
A joint committee has been formed to study the feasibility of exporting 6,000MW of electricity to Pakistan, he added. The two governments have signed an MOU in this regard, he noted.
The project would cost $451 million, of which $300 million will be ensured by Iran, he said.Meanwhile IRNA reported that Iranian Energy Minister Majid Namjou had said that Iranian experts will construct a power plant soon on Iranian border with Pakistan to export electricity to Pakistan and India He said the plan is under negotiations between the two countries’ officials, and will be implemented upon a request made by the Pakistani President to his Iranian counterpart.
He said Pakistan has also asked Iran to construct small power plants which will be built by MAPNA company once a consensus is reached.

1 COMMENT

  1. Beggary is prohibited in Islam as it put some one always on the receiving end and never on the giving end. Same is the case with Pakistan. God has bestowed Pakistan with tremendous potential in the energy sources in the form of oil, gas and coal but the only problem with Pakistan is lack of will, commitment and action due to mismanagement and rampant corruption.

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