Pak govt to set up two nuclear power plants

Islamabad: The government has decided to set up two nuclear power plants, worth of Rs 139 billion, to overcome the power crisis the country is facing, official sources said.

President Asif Ali Zardari will discuss the acquisition of the fuel technology for the two new nuclear plants with the Chinese leadership during his forthcoming visit to Beijing, the sources said.

In its meeting at the Planning Commission today, the Central Working Development Party will approve the plan for C-3 and C-4 projects.

The projects will be completed in eight years. Once completed, they will produce electricity at Rs 6.06 per unit. The two plants will generate 4,467 million kilowatt hours of electricity per annum.

In view of the future requirements of nuclear fuel, a Nuclear Fuel Power Complex, consisting of a chemical processing plant, an enrichment plant, a seamless tube plant and a fuel fabrication plant will be set up, costing Rs 51.298 billion.