ISLAMABAD: Iran and Pakistan have signed a Memorandum of Understanding (MOU) to supply 100MW of electricity to Gwadar. The agreement was finalized during the recent visit of Pakistan’s Energy Minister, Khurram Dastgir Khan, to Iran.
Pakistan’s Energy Minister, Khurram Dastgir Khan, recently visited Iran from March 10 to 13, during which he met with his Iranian counterpart, Ali Akber Mehrabian. The discussions during the meetings focused on enhancing cooperation between the two nations in the energy sector, with both ministers expressing a desire to initiate new joint ventures.
Mr. Khurram’s primary objective for a visit was to finalize an agreement regarding the power supply to Gwadar, initially proposed during his previous visit to Iran in June 2022. In just nine months, an electricity transmission line has been laid from Iran to Gwadar, and technical teams held three extensive discussions to reach a final agreement.
As a result of these meetings, an agreement was signed with Iran for the supply of 100MW to Gwadar. The project is expected to significantly address the electricity shortage in Gwadar, which has been hindering regional industrial growth. The project will ensure an uninterrupted power supply, thus establishing the foundation for a prosperous Gwadar.
This MOU is a vital step in enhancing cooperation between Pakistan and Iran in the energy sector, and it is expected to positively impact both nations’ economies. The successful implementation of this project will lay the foundation for further collaboration in the energy field.
It is pertinent to mention that Pakistan’s state-run National Transmission & Despatch Company (NTDC) has already completed and tested a 29km long double-circuit transmission line from Polan, Iran, to Gwadar to ensure the supply of additional electricity to various parts of Balochistan. For the latest Real Estate News and Blogs, visit Realtors blogs.