ISLAMABAD- The Finance Minister Senator Mohammad Ishaq Dar today stressed the use of ultra super technology for Gadani power project’s timely completion. Minister gave these directions while chairing a special meeting at Ministry for Finance to review the issues pertaining to the Gaddani power project.
During the meeting, Economic affairs division secretary, Ms. Nargis Sethi gave a detailed briefing to the participants on the broad framework of the project. Sethi informed the site of the park is ideal as it converges with the available industrial infrastructure and is very close to Karachi. She was of the view that the park would include ten coal based power projects, ash disposal units, residential area and schools. She added that NESPAK was preparing PC-I for the whole project which would include construction of jetty and related infrastructure.
Dar emphasized that ultra super technology should be used and detailed study from independent sources should be carried out. He said that the resource envelope was limited. He appreciated that this was the least cost energy generation model which would meet country’s short to medium term energy requirements.