KUNMING: China Southern Power Grid Yunnan International is willing to cooperate in power grid and power infrastructure development in Pakistan in wake of investment opportunities offered under China-Pakistan Economic Corridor (CPEC) framework, said Chief Engineer, Zhang Yunhu.
There are good examples for the cooperation in power sector mostly in power plants under CPEC flagship project.
“For us, if we have opportunity to participate in the cooperation in power grid and power infrastructure development in Pakistan, we will be very pleased and we will do our best to cooperate if there is any opportunity in the future,” he said while talking to media.
He said, some other Chinese companies have done well for the power plant and power sources development and cooperation in foreign countries and his company is focusing on power grid development in South China and has also cooperation in neighbouring countries. Zhang Yunhu informed that his company is the subsidiary of China Southern Power Grid Co., Ltd. (CSG) and serves as its platform to carry out international power cooperation in South Asia and Southeast Asia.
It has established international power cooperation in grid interconnection, cross-border power trade, overseas investment, overseas project contracting, management and technical consulting and cultural and people to people exchanges with neighbouring countries such as Bangladesh, Myanmar, Vietnam, Laos, Thailand and Cambodia for 10 years, he said. He said, since the beginning of grid interconnection and international power trade in 2004, the electricity volume traded by CSG and its cross-border counterparts has exceeded 66TWh.
In the power trade with neighbouring countries, the proportion of clean energy exceeds 90 percent, which promotes optimal allocation of clean energy across regions and injects green power into regional economic and social development. – Agencies