China will help boost green, low-carbon and sustainable energy development to address power shortage in Pakistan, vowed a Chinese entrepreneur on Monday on the occasion as the two-day China-Pakistan Economic Corridor (CPEC) Summit and Expo are being held here.
"This is one of our core concepts when we implement the out-going strategy. We share our advancing technologies and experiments with the countries we invested in," Yan Zhiyong, chairman of the Power Construction Corporation of China, or Power China, told Xinhua on Monday.
"We are not coming only for big projects, we are here to help countries, such as Pakistan, to plan and design their future energy development blueprints so as to address problems they are facing and to bring them into realities," said Yan, who is fighting for a responsible image for Chinese enterprises that increasingly engaged in world arena.
Many China-involved projects overseas are questioned by western countries over ecological issues. However, for his part, Yan said all the projects by Power China will abide by local standards if the countries have higher environmental protection clauses than that of China, while, if their standards are less strict, it will follow as same as China's regulation.
The eye-catching Port Qasim coal-fired power project in Karachi in southern Pakistan is one of the best examples of Yan's concepts. The project adopts a costly method to lower the temperature of the seawater used to cool the generating units so as to prevent from heating up water temperature around the coast.
Abiding by local and World Bank's environmental protection regulations, the Qasim power plant, with a total installed capacity of 1,320 megawatt, will provide 9,000 gigawatt hour power to meet Karachi's electricity shortage in the southern Asia country.
Meanwhile, the Qasim project will also create over 3,000 jobs for the Pakistani people directly and will increase 500 jobs or training positions for locals every year after its operation.
Yan said that it is very important to train more local people to be qualified to operate the power plant and other utilities invested or constructed by Power China. "It's just like the proverb which says give a man a fish, he eats for a day. Teach him to fish, he will never go hungry."
The chairman also suggested the Pakistani government to develop hydropower and wind power as the country obtains abundant water-power and wind-power resources.
"On one hand, utilizing local power resources will decrease energy import costs so as to lower energy prices domestically. That will benefit the people here. On the other hand, it will ensure Pakistan's energy security by depending on its own resources," according to Yan, adding that "we must put a country's demands into our consideration when we are going to launch a project."
Yan said the CPEC is a part of Chinas Belt and Road Initiative which aims at optimizing regional resources and enhancing connectivity between involving countries so as to achieve the goal of common development, and Power China has the ability to fulfill its role in helping Pakistan shake off energy shortage.
Earlier the day, addressing the inaugural session of the CPEC summit, Pakistani Prime Minister Nawaz Sharif said that the CPEC would not only serve as a game-changer for Pakistan, but a fate-changer for entire region by helping it get rid of economic deprivation and attain peace and prosperity.
"The CPEC is a new concept of diplomacy based on shared goals of prosperity for Pakistan and the region, and a project to eliminate poverty, unemployment and underdevelopment. It will not only improve Pakistan's own infrastructure but will also provide it the much needed know-how, knowledge and expertise in new technologies," said the prime minister.