BEIJING, The Matiari-Lahore transmission line project is another example of how China-Pakistan Economic Corridor (CPEC) has contributed to improvement of people\u2019s livelihood and economic development in Pakistan.<\/p>\n
\u201cThe project will offer local people access to stable and high quality electricity and it\u2019s of great significance to breaking bottleneck of South-North power transmission in Pakistan,\u201d Chinese Foreign Ministry\u2019s Spokesperson Wang Wenbin said during his regular briefing held here on Monday.<\/p>\n
According to media reports, the first power grid project on the CPEC, the Matiari-Lahore transmission line project contracted by the State Grid Corporation of China has started power transmission from June 25.<\/p>\n
This is the first direct current transmission line in Pakistan.
\nOn the vast desert in eastern Pakistan, a 900-kilometer line stretches from Matiari to Lahore, spanning most of the areas in Sindh and Punjab. This is the \u00c2\u00b1600 KV HVDC transmission line, a power project with the highest voltage and the only direct-current transmission in Pakistan. It is also the only key grid project under CPEC.<\/p>\n
The spokesperson said, as important pilot project of Belt and Road Initiative (BRI), the CPEC has made significant progress in various sectors including energy since its launch. This has not only boosted Pakistan\u2019s faster economic and social development but also played a positive role in promoting regional connectivity.<\/p>\n
He remarked that the Belt and Road Initiative (BRI) came from China but it created opportunities and good results for all and benefited the whole world.<\/p>\n
\u201cNow, up to 140 partner countries have signed BRI documents with China. Trade between China and BRI partners exceeded USD 9.2 trillion and the direct investment surpassed USD 130 billion,\u201d he added.<\/p>\n
He said, the BRI has become the world\u2019s broadest-based and the largest platform for international cooperation. They were ready to share more development opportunities and dividends with all.<\/p>\n
It may be mentioned here that Matiari to Lahore \u00c2\u00b1660kV HVDC Transmission Line Project is developed in the \u2018BOOT\u2019 (Build, Own, Operate, and Transfer) mode.<\/p>\n
With a total investment of US $ 1.6 billion, it will transfer the power in Southern Pakistan to the Load Center, providing electricity for the people in Punjab and the capital region and creating 5000-7000 jobs.<\/p>\n","protected":false},"excerpt":{"rendered":"
BEIJING, The Matiari-Lahore transmission line project is another example of how China-Pakistan Economic Corridor (CPEC) has contributed to improvement of people\u2019s livelihood and economic development in Pakistan. \u201cThe project will offer local people access to stable and high quality electricity and it\u2019s of great significance […]<\/p>\n
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