Minister for Water and Power, Energy Ministers of Afghanistan, Kyrgyzstan and Tajikistan held meeting on CASA-1000 Project Agreement - AsiaNet-Pakistan

Minister for Water and Power, Energy Ministers of Afghanistan, Kyrgyzstan and Tajikistan held meeting on CASA-1000 Project Agreement

February 19, 2014 | Press Information Department | Share:

Islamabad, February 19, 2014 (PPI-OT): The Minister for Water and Power, Khawaja Muhammad Asif and the Energy Ministers of Afghanistan, Kyrgyzstan and Tajikistan held negotiations on CASA-1000 Project Agreement in Washington DC.

The meeting will prove to be a milestone in concluding the Project which is expected to be commissioned in 2018. The meeting was organized by the World Bank which is supporting the Project in addition to IDB and USAID.

The parties agreed in principle on the terms and conditions of the Power Purchase Agreement, conducted negotiations on the Master Agreement and at the same time initiated negotiations in electricity pricing.

The progress on the bidding for the EPC was also reviewed during the meeting with satisfaction. The negotiations round concluded today with the signing of a resolution approving, in principle, the terms and conditions of the power purchase between the parties.

For more information, contact:
Haji Ahmed Malik
Principal Information Officer
Press Information Department (PID)
Tel: +9251 925 2323 and +9251 925 2324
Fax: +9251 925 2325 and +9251 925 2326
Email: piopid@gmail.com

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