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Power transmission lines

China to build power transmission lines in Pakistan

ISLAMABAD: China’s State Grid Corporation has signed a deal with Pakistan’s Ministry of Water and Power to invest in and build a power transmission line in Pakistan. This was announced by the state-owned Assets Supervision and Administration Commission in a statement on Wednesday. According to a report, Beijing’s state grid under the deal will invest some $1.5 billion in the 4,000 megawatt (MW) power transmission line. The project is part of the China Pakistan Economic Corridor (CPEC) initiative, which drew $55…