NWPGCL sign deal with Siemens on LNG power plant

State-owned North-West Power Generation Company Limited (NWPGCL) signed on Friday a joint development agreement (JDA) with Siemens of Germany to set up a 3600 MW LNG-based power plant in Payra, reports UNB.
The plant will be located adjacent to the existing 1320 MW coal-fired power plant.
Dipak Kumar Dhali of NWPGCL and Richard Reisig of Siemens signed the agreement at a function in the city.
As per the deal, in the first phase a 1200 MW plant will be set up by 2021 while the work on another 2400 MW will be completed in the second phase by 2024.
Power Secretary Dr Ahmad Kaikaus, NWPGCL's AM Khurshid Alam and Siemens Gas to Power President Richard Reisig spoke at the function.