NewswireToday - /newswire/ -
Paris, Ile de France, France, 2014/04/25 - GDF SUEZ inaugurated the 375 MW Uch II gas-fired power plant today following successful achievement of commercial operation earlier this month - GDFSUEZ.com. FR0010 208488
Located in Pakistan’s southwestern province of Balochistan, Uch II is an extension to the existing 551 MW Uch plant. GDF SUEZ has majority ownership in both Uch and Uch II power plants.
The electricity generated from Uch II will be sold through a 25-year Power Purchase Agreement with the National Transmission and Despatch Company, a State-owned entity. Uch and Uch II together generate 926 MW of electricity using indigenous gas, which is economically viable for Pakistan in tackling the country’s power generation shortfall.
Pakistan has an installed electricity generation capacity of 23,663 MW with natural gas meeting nearly 47% of total energy requirements in the country.
About GDF SUEZ
GDF SUEZ (gdfsuez.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 147,200 people worldwide and achieved revenues of €81,3 billion in 2013. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).
Investor Relations contact:
T: +33(0)1 44 22 66 29 - E: ir[.]gdfsuez.com.