ISLAMABAD - The National Electric Power Regulatory Authority (NEPRA) has declared 720MW Karot Power Project among the top performers.
This was announced at the NEPRA CSR (Corporate Social Responsibility) Awards Ceremony held in Islamabad. The ceremony was held under NEPRA’s ‘Power with Prosperity’ initiative to highlight and appreciate the achievements of Pakistan’s major power producers and their community development initiatives.
The Karot Power Company Limited, a subsidiary of China Three Gorges South Asian Investment Limited, was awarded the NEPRA CSR STALWART Award due to its unwavering commitment to community development. The award was received by Deputy CEO Lu Dongsheng of the Karot Power Company (Pvt) Limited. The NEPRA CSR team appreciated the KPCL’s contribution and welcomed its participation in the CSR Awards ceremony.
Chairman NEPRA Farooqi in his opening remarks presented his vision about NEPRA’s drive of “Power with Prosperity (PwP)” in addition to its two other drives “Power with Safety” and “Power with Security.” He elaborated that NEPRA through its PwP drive is making tremendous headways by encouraging its licensees to help and contribute to the development of the marginalized sections of the society living under abject poverty through framing and implementation of remarkable social policies and development programs.
The Deputy CEO KPCL Lu Dongsheng appreciated NEPRA for holding the CSR Awards Ceremony and mentioned the company’s steadfast commitment to community development, social awareness, and stakeholder participation for the Karot Project.
The Karot Power Company Limited is executing the First Hydropower Project under CPEC. The project has a total installed capacity of 720 MW, and will lead to an expected reduction of carbon dioxide emissions by 3.5 million tons per year and improve the proportion of clean energy and make a positive contribution towards optimization of the energy structure in Pakistan.