Over friendly? : Chinese company wins the Pakistan power project

Islamabad, Pakistan on Monday said that a consortium led by a Chinese company has won the bid for a Rs.82 billion power project in Punjab province.

To be set up near Lahore, the 1,000-1,200 MW combined cycle power project was offered for international bidding by the National Power Parks Management Company Ltd., a subsidiary of the ministry of water and power.

Six local and international pre-qualified parties submitted technical and financial bids by the July 31 deadline, Dawn reported.

Official records suggest that the consortium comprising Harbin Electric International and Habib Rafiq Ltd. offered electricity cost of 7.97 cents and was “ranked lowest-evaluated bidder”.