Pakistan and China signed a $4.8 billion deal on Tuesday to build a 1,200-megawatt nuclear power plant, Prime Minister Shehbaz Sharif said, hailing the investment by a country that Pakistan views as its most dependable ally.
Pakistan’s total nuclear energy production capacity rose to 1,400 mw, when the country’s sixth nuclear power plant opened two years ago.
It is unclear whether the new investment is part of the $65 billion that China has pledged in infrastructure building for Pakistan under its Belt and Road Initiative.
Instead, he said, the Chinese had disbursed an initial $104.53 million (30 billion Pakistani rupees) to start the project.
CNN has reached out to China National Nuclear Cooperation and the Chinese Ministry of Foreign Affairs for comment.
Persons:
Shehbaz Sharif, Sharif, ” Sharif
Organizations:
PTV, China National Nuclear Cooperation, Pakistan Atomic Energy Commission, “, Initiative, CNN, Chinese Ministry of Foreign Affairs
Locations:
Pakistan, China, Punjab, Karachi