Islamabad: Pakistan has planned to boost its power imports from Iran to 70 megawatts (MW) for the Gwadar Port. The nation had earlier intended to purchase extra electricity from Iran, but the plan had been put on hold owing to US sanctions against Iran.
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The decision to import more electricity was taken to fulfil Gwadar port’s immediate demands for the China-Pakistan Economic Corridor (CPEC). China, on the other side, is building a 300MW coal-fired power station in Gawadar. The new agreement between Pakistan and Iran, on the other hand, will serve as a safety net in the event that the Chinese coal-fired power project is delayed in commissioning.
The Cabinet Committee on CPEC made the decision to buy additional power from Iran (CCoCPEC). The CCoCPEC has instructed the Quetta Electric Deliver Company (Qesco) to finish the procurement process for establishing a transmission line to supply power to Gwadar by March 2023.
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Pakistan already imports some power from Iran, but due to US sanctions on Tehran, making formal payments for the import is difficult, forcing Pakistan to settle for a barter agreement.
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