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PM Shehbaz lauds CSAIL’s role in solving Pakistan’s energy crises

News Desk by News Desk
April 23, 2022
in China, CPEC, Pakistan
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PM Shehbaz lauds CSAIL’s role in solving Pakistan’s energy crises
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According to a media report, China Three Gorges South Asia Investment Ltd (CSAIL) received a letter from the Prime Minister’s Office, in which the office expressed its gratitude for its contribution to Pakistan’s energy security. Prime Minister Muhammad Shehbaz Sharif praised China Three Gorges Corporation’s CSAIL for its contribution to Pakistan’s energy security. China Three Gorges Corporation established CSAIL in 2011 to purchase, develop, build, own, and operate renewable energy generation facilities in South Asia, with a current concentration on Pakistan. In Pakistan, CSAIL is now operating and developing six power projects with a total installed capacity of over 2600 MW and a total investment of over US$ 6 billion.

Prime Minister Muhammad Shehbaz Sharif has “deeply appreciated” the role of China Three Gorges Corporation’s CSAIL in helping Pakistan become an “energy-secure” country.

“CSAIL received a letter from PM’s office in which the office on behalf of the PM deeply appreciated the role of CSAIL in helping Pakistan become energy-secure,” according to CTGI.

CSAIL is an investment holding company formed by China Three Gorges Corporation in 2011 to acquire, develop, build, own and operate renewable power generation projects in South Asia with current focus on Pakistan.

CSAIL is currently operating and developing 6 power projects in Pakistan, with a total installed capacity of over 2600 MW with more than US$ 6 billion of total investment. These Projects are 1124 MW Kohala Hydropower Project, 720 MW Karot Hydropower Project, 640 MW Mahl Hydropower Project, 49.5 MW TGF WPP, 49.5 MW TGS WPP and 49.5 MW TGT WPP.

All these projects are on fast track for implementation, and 4 of them are under China-Pakistan Economic Corridor (CPEC).

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