Shanghai Electric Celebrates 27 Years of commitment in Pakistan

Anniversary reveals six historical milestone in energy cooperation representing the strong business tie between two countries SHANGHAI, May 23, 2020 /PRNewswire/ -- Shanghai Electric is now celebrating the 27th anniversary of its entering Pakistan markets since 1993. Yesterday was itself a related anniversary, making 69 years since China established diplomatic relations with Pakistan. Shanghai Electric, representing the first batch of Chinese companies entering the market, has generated a string of milestone projects in categories that include thermal power, nuclear power, and Power Transmission and Distribution under the umbrella of the China-Pakistan Economic Corridor (the "CPEC").  Thermal power Muzaffarnagarh thermal power plant project -- The Muzaffarnagarh thermal power plant is Shanghai Electric's first overseas EPC project since the Company entering Pakistan in 1993, and the project facilitated 320MW steam turbines provided by Shanghai Electric started operating in July 1997. Thar Integrated Coal Mine-Power Project -- Shanghai Electric signed the EPC contract for a block coal-fired power station project in Thar Coalfield, Pakistan, in December 2016. In April 2019 Shanghai Electric signed another EPC contract for Thar Block-1 Integrated Coal Mine-Power Project with an installed capacity of 2 x 660MW and a coalmine with an annual coal production capacity of 7.8 million tons. The post Shanghai Electric Celebrates 27 Years of commitment in Pakistan appeared first on Asset Management - How To Asset Manage. Seoul, Korea
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