Since 2014, CMEC has developed a series of coal mines and power plants in Thar, Pakistan, with the Thar Programme launched. The total investment in the programme exceeds USD200 million, while the EPC contract amount is about USD2 billion. The programme has become a typical project of CMEC’s “investment-led EPC” and “integration of investment, financing, construction and operation”.
　　The Thar programme, a priority project for the China-Pakistan Economic Corridor along the Belt and Road, is of high political significance as the signing was witnessed top leaders of both countries. CMEC has creatively integrated the financial resources of China and Pakistan in advancing the project and completed its financing closure in less than a year.
　　Up to now, the Thar phase-I project has been up and running, while the phase-II is scheduled to be completed in 2022. The Thar Programme has been successfully implemented, setting an exemplar for local energy development in Pakistan. It has provided new ideas for Pakistan’s energy security, contributing to the successful construction of the China-Pakistan Economic Corridor.