Islamabad, 24 November 2022 (TDI): The General Manager of China Energy International Group Co. Ltd. Lyu Xiufeng, and his delegation visited the President of Pakistan, Dr. Arif Alvi.
During the meeting, both sides shed light on issues related to mutual interest. According to President Alvi, Chinese investments and contributions to Pakistan’s energy and power infrastructure have increased Pakistan’s capacity to diversify its energy mix.
Currently, it includes nuclear, hydel, solar, and wind energy. Chinese contribution has assisted the nation in meeting its constantly growing energy needs.
He suggested that in addition to utilizing effective and crucial technologies to reduce greenhouse gas emissions from coal and oil-based energy sources, Pakistan should concentrate on alternative and renewable energy sources like solar and wind.
Likewise, he was apprised about the status of the Karachi K2/K3, Bhikki Combined-Cycle Power Project, Jhimpir Wind Power Projects, and M-4 Motorway projects, during the meeting.
The President told the delegation that the friendship between Pakistan and China was deeper than the ocean and higher than the Himalayas and that it was growing stronger every day.
The Pakistan-China All-Weather Strategic Partnership is based on “warm relations between the leadership and people of Pakistan and China,” he said.
Dr. Arif Alvi reiterated that CPEC is a multifaceted project that is assisting the nation in improving its road, port, and communication networks in addition to fostering industrialization and supplying the nation’s energy and power needs.
In this vein, he asserted that prompt and efficient implementation of CPEC projects would guarantee that their full potential would be realized in the allotted time.
In addition, the President of Pakistan also thanked the Chinese government and people for supporting Pakistan following the recent devastating floods.
He also praised the China Energy International Group’s initiatives for helping to rehabilitate flood victims in the most severely affected regions of the nation.
While lauding the speed at which various power & communication-related projects are moving forward, the President emphasized the need to guarantee the projects’ safety, security, longevity, & soundness for them to fully benefit the nation’s citizens.
He also praised China Energy’s initiative for concentrating on and pursuing solar energy-based projects, which he claimed were affordable, simple to install and maintain, and providing clean and affordable energy.
Lyu Xiufeng, the General Manager of China Energy International Group on his part briefed the President and stated that China Energy has been present in Pakistan since the 1990s.
Ever since, it has been involved in 21 megaprojects worth a total of more than USD 12 billion. He stated that Azad Pattan 700.7 MW and Suki Kinari 870 MW were the results of USD 3.5 billion in investment by China Energy.
Furthermore, he claimed that the company was also committed to Pakistan’s citizens’ social progress, transportation connectivity, and energy security.