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Saturday, November 26, 2022

China is Heavily Investing In Pakistan To Shift Energy Production From Coal To Green Resources - TechJuice

Last updated Friday, November 25, 2022 08:05 ET , Source: TopWireNews

China is fully motivated to shift the production of energy from coal to other green resources which would be more beneficial and safe for the country. Here we will discuss some of the recent advances made by China in space of green resources for the shift in Pakistan.
A wind power plant in Jhimpir, southern Pakistan. This region was dry, inhabited by nomadic tribes, and a barren stretch of land. But now the area is home to mammoth rotating blades in about two dozen wind farms.
Wind projects in this region have been one of several renewable energy projects to have received Chinese investment in recent years. Around 90 kilometers from Karachi, Jhimpir is the heartland of the country’s largest ‘Wind corridor’, which has the potential to produce 11,000 megawatts (MW) of energy from green resources.
One of the early investors includes a Chinese state-owned power company operating under an investment holding company name China Three Gorges South Asia Investment Limited. The company has taken part in the construction and funding of three wind projects with a combined capacity of nearly 150 MW. The construction of the first 3 projects began in 2012.
However, the latter two projects were completed in 2018 and were also funded under the China-Pakistan Economic Corridor (CPEC), an integral part of Beijing’s flagship multibillion-dollar Belt and Road Initiative (BRI).PM Shehbaz Sharif visited China at the start of the month and highlighted the importance of CPEC in the development of...



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