China has approved the conversion of three coal-fired power plants in Pakistan from imported coal to local coal, a significant move aimed at reducing energy costs.

Sources confirmed that Finance Minister Muhammad Aurangzeb and Energy Minister Owais Leghari, who are currently visiting China, played a key role in facilitating the agreement.

The plants affected by this decision include the 1,320 MW Sahiwal Coal Power Plant, the 1,320 MW Hub Power Plant, and the 1,320 MW Port Qasim Power Plant, all of which are known for producing some of Pakistan’s most expensive electricity.

The Chinese delegation responded positively to the re-profiling of these coal power plants, ensuring the transition to local coal.

The two countries also outlined the future steps needed to advance this conversion process.

Additionally, Chinese officials promised full support for Pakistan regarding Panda Bonds, further strengthening the cooperation between the two nations.

Meetings between Pakistani and Chinese

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