Jamshoro plant’s low cost shows power of competition
ISLAMABAD: Recently, the Power Division secretary signed an engineering, procurement and construction (EPC) contract in Islamabad for the Jamshoro coal power plant.
The plant with 1,320-megawatt power generation capacity is being built in two phases of 660MW each. The EPC contract has been signed at an extraordinary low price, almost half that of China-Pakistan Economic Corridor (CPEC) projects.
This is the power of competition. CPEC projects are being built without holding competition while Jamshoro power plant is being built under the Asian Development Bank (ADB) financing and it is necessary to hold competitive bids.
Published in The Express Tribune, 7th May, 2018