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Pakistani President Zardari met with Shanghai Electric, securing agreement on resolving past K-Electric issues and signing a deal for Pakistan’s first coal gasification plant using domestic coal.
Pakistani President Asif Ali Zardari met with Shanghai Electric in Shanghai, assuring the company that outstanding issues from its terminated K-Electric acquisition would be resolved amicably.
He invited the Chinese firm to expand investments in Pakistan’s power sector, particularly in modernizing the country’s transmission and distribution network.
During the visit, a Memorandum of Understanding was signed for Pakistan’s first coal gasification and fertilizer plant in Thar, Sindh, using domestic coal to boost energy and agriculture.
Zardari praised Shanghai Electric’s role in energy development and job creation, while reaffirming Pakistan’s commitment to security and cooperation.
The meeting was part of a broader 10-day trip to strengthen economic ties and deepen China-Pakistan collaboration.
El presidente paquistaní Zardari se reunió con Shanghai Electric, logrando un acuerdo para resolver los problemas pasados de K-Electric y firmar un acuerdo para la primera planta de gasificación de carbón de Pakistán utilizando carbón nacional.