Comment by Riaz Haq on June 20, 2023 at 11:17am

#Pakistan and #China sign $4.8 billion 1200 MW #nuclear #power plant deal. Work on Chashma 5 project would begin immediately. China's support will help Pakistan make the transition away from reliance on #FossilFuels . #nuclearenergy #electricity
https://www.reuters.com/business/energy/pakistan-china-sign-48-bln-...

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.

Work on the Chashma 5 project would begin immediately, Sharif said on state-run news channel PTV following the signing of the memorandum of understanding (MOU) between China National Nuclear Cooperation and Pakistan Atomic Energy Commission.

"Investment from China in this project to the tune of $4.8 billion sends a message loud and clear that Pakistan is a place where Chinese companies and investors continue to show their trust and faith," Sharif said.

The Chashma 5 project will be built in the central province of Punjab. China's support will help Pakistan make the transition away from reliance on fossil fuels.

Pakistan's total nuclear energy production capacity rose to 1,400 mw, when the country's sixth nuclear power plant opened two years ago. Located in the southern port city of Karachi, that 1,100 mw plant was also constructed with Chinese assistance.

Sharif, whose government is desperately struggling to stave off a balance of payments crisis, thanked the Chinese partners for offering a $100-million discount for the latest project.

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.

The new project was originally planned to start a couple of years ago, and Sharif expressed thanks to the Chinese side for not rescheduling costs despite the long delay. Instead, he said, the Chinese had disbursed an initial 30 billion Pakistani rupees ($104.53 million) to start the project.

Comment by Riaz Haq on June 20, 2023 at 4:24pm

Pakistan Expanding Nuclear Plant With New Hualong One Reactor

https://www.powermag.com/pakistan-expanding-nuclear-plant-with-new-...


By Darrell Proctor is a senior associate editor for POWER (@POWERmagazine).

China continues to be a world leader in exporting its nuclear power technology. Chinese officials in Pakistan on June 20 signed a memorandum of understanding (MOU) for a $4.8 billion deal with Pakistan’s nuclear energy agency for construction of a new 1,200-MW reactor at the Chashma power complex.

The new unit will be China’s Hualong One, or HPR1000, pressurized water reactor technology.

Pakistan Prime Minister Shehbaz Sharif on Tuesday said the country considers China its “most dependable ally.” Sharif, whose country is in the midst of an economic crisis and looking for outside investment in its energy sector, said construction of the Chashma 5 project, located in Punjab province, would begin immediately.

The Chashma complex has four CNP-300 reactors currently in operation, each with 325 MW of generation capacity. The units were developed by China National Nuclear Corp. (CNNC). The first unit came online in 1991; the other units entered commercial operation in 2011, 2016, and 2017, respectively.

Chashma 5 will be built by CNNC subsidiary CNNC China Zhongyuan Engineering Corp., the company said.

Chinese officials recently announced that an HPR1000 has also been proposed for construction at the Bradwell site in the UK. Britain’s Office for Nuclear Regulation and the Environment Agency said they have started a second, technical, phase of the assessment program for the HPR1000.

Chinese Investment
Sharif, speaking Tuesday on Pakistan’s state-run news channel PTV after the signing of the MOU between the Pakistan Atomic Energy Commission and Chinese officials, said, “Investment from China in this project to the tune of $4.8 billion sends a message loud and clear that Pakistan is a place where Chinese companies and investors continue to show their trust and faith.”

The prime minister originally brokered the project during his time as chief minister of Punjab, an office he held three times, most recently from 2013 to 2018. He was elected as Pakistan’s prime minister in April 2022.

Sharif has supported nuclear power as a way to move Pakistan away from fossil fuels. Its most recent nuclear facility, the 2,200-MW Karachi Nuclear Power Plant, also known as KANUPP, in the southern port city of Karachi, commissioned its two reactors in 2021 and 2022, respectively. That facility, featuring two Hualong One Generation III pressurized water reactors, also was built with financial backing from China.

Sharif on Tuesday said the Chashma 5 project was originally planned to start in 2021. He said Chinese officials did not raise the cost of the project from original estimates despite the delay. Officials on Tuesday said China has to date disbursed 30 billion Pakistani rupees ($104.53 million) to start the project.

“We are deeply obliged to [China] President Xi Jinping, and the Chinese leadership for their generous help to Pakistan,” Sharif said. He also recognized Saudi Arabia, United Arab Emirates and Qatar for extending financial support to Pakistan’s government.

Pakistan for years has contended with power outages. Two of the worst incidents occurred in January 2021, and again in January of this year. In 2021, a fault at a power plant brought down the national grid, leading to calls for a massive overhaul of the country’s electricity transmission infrastructure.

A nationwide power outage on Jan. 30 of this year impacted all of Pakistan’s major cities and left millions of people without electricity.

Comment by Riaz Haq on June 20, 2023 at 5:18pm

Pakistan Signs $4.8 Billion Nuclear Power Plant Deal With China

https://www.voanews.com/a/pakistan-signs-4-8-billion-nuclear-power-...


Pakistan and China signed a $4.8 billion deal Tuesday to build what would be the seventh Chinese nuclear power plant in the South Asian nation.

The 1,200-megawatt project will be installed in the central Pakistani city of Chashma, where Beijing already has built four nuclear power generation units with a collective output of nearly 1,230 megawatts.

Prime Minister Shehbaz Sharif oversaw Tuesday's signing of the memorandum of understanding between China National Nuclear Cooperation and the Pakistan Atomic Energy Commission.

According to the agreement, the Chinese company will employ its HPR 1000 technology, known as HPR1000 or Hualong One, to construct the nuclear power unit. It will be the third facility in Pakistan to feature the HPR 1000, or pressurized water reactor technology.

"Investment from China in this project to the tune of $4.8 billion sends a loud and clear message that Pakistan is a place where Chinese companies and investors continue to show their trust and faith," Sharif said.

He thanked Beijing for offering a more than $100 million discount for what is named the Chashma 5 power plant. The work on the project was initially planned to start a couple of years ago, but Sharif said the Chinese partners had not rescheduled costs despite the long delay.

"This project is part of our energy security plan to diversify the energy mix with a focus on ensuring the provision of cheap electricity to the industry & relief to the common man,” the Pakistani prime minister wrote on Twitter after the ceremony.

Sharif's coalition government is struggling to deal with unprecedented economic challenges facing Pakistan, including a balance of payments crisis.

China has recently also constructed two nuclear power plants in the southern port city of Karachi, each with a 1,100-megawatt generation capacity.

Pakistani officials say the two Chinese-supplied third-generation Hualong One reactors, known as K2 and K3, cost roughly $10 billion. They are equipped with "advanced safety and foolproof security features" and have enhanced Pakistan's nuclear energy production to more than 3,500 megawatts.

"K2 and K3 are fully functional and supply 2,200 megawatts of electricity to the national grid. Similarly, nuclear power plants at Chashma are contributing more than 1,300 megawatts," a PAEC spokesman told VOA on Tuesday.

Canada helped Pakistan build its first nuclear power plant in 1972 in Karachi, producing about 80 megawatts of electricity. It is expected to be shut down soon after having served its purpose for about the full extent of the planned operation.

China maintains close defense and economic relations with staunch ally Pakistan. It has invested more than $20 billion in building road networks, power plants, and ports over the past decade under what is known as the China-Pakistan Economic Corridor, or CPEC.

Officials in both countries say the collaboration, an extension of Beijing's global Belt and Road infrastructure initiative, has created tens of thousands of jobs and ended Pakistan's crippling energy crisis.

Comment by Riaz Haq on July 14, 2023 at 7:20am

Pakistan’s PM Shehbaz Sharif launches US$3.5 billion Chinese-designed nuclear energy project

https://www.scmp.com/news/asia/south-asia/article/3227776/pakistans...

The two countries had already signed an agreement to construct a state-of-the-art Hualong One reactor
China also gave US$5 billion loan to Pakistan to help it unlock a bailout from the IMF



Pakistan’s Prime Minister Shehbaz Sharif on Friday launched the construction of a 1,200-megawatt Chinese-designed nuclear energy project, which will be built at a cost of US$3.5 billion as part of the government efforts to generate more clean energy in the Islamic nation.
The ceremony to mark the project’s start comes less than a month after Pakistan signed an agreement with China’s National Nuclear Corporation Overseas in the capital, Islamabad, to construct a Hualong One reactor – a third-generation nuclear reactor and is considered safer because of the latest security features.
Pakistan and China are long-time allies. Pakistan’s relations with Beijing are so close that its leadership calls China their “Iron Brother.” China is also building roads, bridges, power plants, and railways to link its far west with the Chinese-built port of Gwadar on the Indian Ocean.

Comment by Riaz Haq on July 14, 2023 at 12:44pm

China Begins Construction of Pakistan's Largest Nuclear Power Plant

https://www.voanews.com/a/china-begins-construction-of-pakistan-s-l...


Pakistan held a groundbreaking ceremony Friday for what will be its largest civil nuclear power plant — constructed by China — that will contribute 1,200 megawatts of electricity daily to the national grid and is estimated to cost at least $3.5 billion.

Prime Minister Shehbaz Sharif and senior Chinese officials attended the televised event in the central city of Chashma, dubbed the birthplace of China-Pakistan nuclear energy cooperation.

Over the past 30 years, Beijing has installed four nuclear power generation units in Chashma, collectively generating about 1,300 megawatts, with China providing enriched uranium for fuel.

"This mutual cooperation to promote clean, efficient, and comparatively cheaper energy is a gift of friendship between the two countries and a model for other countries to emulate," Sharif said at the ceremony.

The plant, known as Chashma-5, or C-5, will feature what China says is its domestically developed third-generation pressurized water nuclear technology, the Hualong One or HPR1000, with "advanced safety and foolproof security features."

Raja Ali Raza, the head of the Pakistan Atomic Energy Commission, said the nuclear plant project will be completed by 2030.

"C-5 will be Pakistan's largest generation-III plus nuclear power project," Raza said. "This project has brought PAEC one step closer to its envisaged goal of production of 8,800 megawatts electric cheap and clean energy."

Beijing has previously supplied the HPR1000 technology for two nuclear power stations, each with a 1,100-megawatt generation capacity, built and operationalized in the last couple of years in the southern port city of Karachi, enhancing Pakistan's nuclear energy production to more than 3,500 megawatts a day.

Analysts see China's accelerated civil nuclear cooperation with Pakistan as part of efforts to globally find more lucrative buyers for its HPR1000 reactors developed by state-owned China National Nuclear Corporation or CNNC, the country's second-largest nuclear power producer company.


"HPR1000 is a homegrown nuclear technology of CNNC and a flagship of China's advanced equipment manufacturing," Yu Jianfeng, the CNNC chairman, told the ceremony. He noted that more than 17 units of HPR1000 are currently under construction in China.

"Today's groundbreaking for the C-5 project is a significant milestone for HPR1000's global journey and a new start for the China-Pakistan nuclear energy cooperation," Yu stated. "Our cooperation in nuclear energy has become an integral part of the China-Pakistan all-weather strategic cooperative partnership and a shining example of international nuclear energy cooperation."

Under its global Belt and Road Initiative, Beijing also has built and put into commercial operation 14 mostly coal-fired power plants in Pakistan in the last 10 years, with a total installed capacity of 8,000 megawatts daily.

The projects are part of the China-Pakistan Economic Corridor, or CPEC, which has also built road networks, highways, ports, and industrial zones with direct Chinese investment and "soft loans," expected to increase to about $62 billion by 2030 when the mega undertaking is due to be complete.

Critics blame CPEC for contributing to Pakistan's deepening economic troubles and depleting foreign exchange reserves, making it difficult for the country to catch up with its foreign debt repayments.

Pakistan owes more than $1.3 billion (350 billion rupees) to Chinese power plants. The amount keeps growing, and China has refused to defer or restructure the payment and CPEC debt repayments.

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