The Pakistan Government has announced that it had entered into a 10-year contract with a Chinese firm for operation and maintenance of the controversial Nandipur power project.
According to a statement issued by the Water And Power Ministry, the agreement for a long-term operation and maintenance (O&M) of the 425 MW plant was signed between the Northern Power Generation Company Limited (NPGCL) and the Hydro Electric Power System Engineering Company (HEPSEC) of China, reports the Dawn.
The contract price was not disclosed.
According to an official, HEPSEC was confirmed the lowest bidder at a total cost of USD 185 million, followed by USD 227.2 million offered by TNB Repair and Maintenance of Malaysia. Read More…