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International Chinese coal projects

959 bytes added, 00:24, 16 February 2018
In October 2016 Abraaj Group agreed to sell its stake in K-Electric for US$1.77 billion to Shanghai Electric Power (SEP) of China. SEP will acquire a 66.4 per cent stake in K-Electric.<ref>[http://www.atimes.com/article/shanghai-electric-pay-us1-77b-pakistans-k-electric/ "Shanghai Electric to pay US$1.77b for Pakistan’s K-Electric,"] Asia Times, Oct 31, 2016</ref><ref>{{Cite news|url=http://www.bloomberg.com/news/articles/2016-10-30/abraaj-to-sell-stake-in-pakistani-utility-for-1-77-billion|title=Shanghai Electric to Pay $1.8 Billion for Stake in K-Electric|last=Crofts|first=Dale|date=2016-10-30|newspaper=Bloomberg.com|access-date=2016-11-06}}</ref>
 
===[[Port Qasim EPC power station]]===
The Port Qasim EPC power station comprises two units of 660 MW each. It will be set up by Port Qasim Electric Power Company, a joint venture of [[PowerChina]] (51%) and [[Al Mirqab Capital]] (49%), put together by former Ehtesab Bureau chief Saifur Rehman.<ref>[http://www.powerengineeringint.com/articles/2015/04/chinese-and-qatari-firms-to-build-coal-power-plant-in-pakistan.html "Chinese and Qatari firms to build coal power plant in Pakistan,"] Power Engineering, Apr 9, 2015</ref> In May 2015, Dongfang Electric Company (DEC), including Dongfang Turbin, Dongfang Electric Machinery, and SEPCO III signed an equipment supply agreement for the construction of the plant, as part of the China-Pakistan Economic Corridor project.<ref>[http://www.dec-ltd.cn/en/index.php/asnews/detail/?subCategory=News&nid=277# "DEC Signed Pakistan QASIM 2x660MW Coal-fired Power Project with SEPCO III,"] DEC website 2015-05-22</ref>
===Port Qasim SSRL power station===
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