Financial close of Thar Block-2 Power Plant in Sept end: Asim Saleem Bajwa
Project to be executed by Thal Nova and HUBCO was launched recently with an investment $500 million.
ISLAMABAD (Dunya News) – Special Assistant to the Prime Minister on Information and Broadcasting Lt. Gen (r) Asim Saleem Bajwa on Tuesday said that the financial closes of 330 Megawatts (MW) Thar Block-2 power plant was expected in September end.
The project to be executed by Thal Nova and HUBCO was launched recently with an Investment $500 million.
Update:Thar Block-2,another 330 MW Power Plant,Thal Nova-HUBCO launched recently,Investment $ 500 M, local jobs 305 so far,financial close expected end September-project being pushed by Company’s own equity to prevent time loss. #cpec #CPECMakingProgress #pakistanmakingprogress pic.twitter.com/BGBXEHKqjL— Asim Saleem Bajwa (@AsimSBajwa) August 4, 2020
In a tweet, Bajwa said that it has created 305 local jobs so far, adding that the project was being pushed by company s own equity to prevent time loss.