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- China to invest in Pakistan's power sector (Free Available)
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China to invest in Pakistan's power sector
- China’s State Grid Corporation is set to build a $1.5-billion power line across Pakistan to enable the transmission of 4,000 megawatts of electricity from the country’s north to south.
- Pakistani and Chinese officials signed an investment agreement in Beijing to build the country’s first high-voltage, direct current line, according to a government statement.
- The power transmission line would link the national grid between the southern Pakistani town of Matiari and easternmost city of Lahore, some 1,000 km apart.
- Pakistan has been struggling to provide enough power to its nearly 200 million citizens, and Prime Minister Nawaz Sharif has vowed to solve the crisis by 2018.