- PPIB extends date for EOIs for Gadani Power Park following poor response from investors due to political situation
The government is taking all possible steps to bridge the gap between demand and supply of electricity in order to accelerate the socio economic growth of the country and bring relief to the people, said Federal Minister for Water and Power Khawaja Muhammad Asif while chairing 97th meeting of the Board of PPIB held Wednesday.
The minister said the government was optimizing the available resource base for upcoming power generation projects while at the same time it was making the existing power generation and distribution facilities efficient and also controlling line losses.
Ongoing private power sector projects were discussed in the meeting in the context with the overall electricity situation in the country. The minister advised that while remaining within legal bounds, we should provide maximum facilitation to the projects so that maximum megawatts are materialized.
The board was briefed that Expressions of Interest (EOIs) were invited through local/international press for establishing coal fired power plants at the 6,600 MW Gadani Power Park.
However due to prevailing situation in the country, the expected response could not be achieved and many prominent investors have requested extension of date in submission of EOIs. The board approved the extension in closing date by September 29, 2014 so that a healthy competition is generated.
Great Leaders Alama Janab Qadri Sahib, Janab Imran Khan Sahib Allah's Gift to the Muslims Pakistanis & world of Islam, Pakistan Muslims & all compatriots Victory is Ours time has come great pakistanis dicides & take inhand their own Destiny local feudals & english secular zionists are Out forever inshaAllah
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