LAHORE – National Transmission and Despatch Company Limited (NTDCL) has signed an agreement for the construction of New Lahore 500 Kv Grid Station as part of joint venture with Chinese companies. Chief Engineer EHV-I NTDCL Muhammad Amin Khalid on behalf of NTDCL and China National Electric Equipment Corporation (CNEEC) President Zhau Ruolin signed the agreement, during a ceremony held here on Tuesday.The New Lahore 500 Kv grid station will be constructed in Moza Kanogill, Tehsil Pattoki District Kasur near Bhai Pheru, opposite to existing 220 kV Substation Sarfraz Nagar. It would cover an area of approximately 1,156 kanals including facilities for residential area. It has been stated that bids for the said project was called on the basis of International Competitive Bidding (ICB) and were evaluated by the NESPAK, the consultant of the project. A joint venture of Chinese construction companies M/s CNEEC-FNEPCC was awarded the contract being lowest responsive bidder with the concurrence of funding agency JICA, said NTDCL spokesman. “The project will be completed in two years and its completion would bring tremendous benefits including enhancement of transmission capabilities to the existing power supply system of NTDCL to cater increased demand, improvement in the system voltage profile, reduction in system losses, improvement in the stability and reliability of the system.” Zhau Ruolin said that CNEEC was interested in investing thermal and hydle projects of Pakistan and took steps to work with NTDCL in various projects of transmission networking which would prove another corner stone in the Pak-China friendship, he added.Zia-ur-Rehman, Coordination and Monitoring (C&M) GM, while addressing the ceremony, said that this vital project worth Rs 4 billion, was the part of NTDCL`s overall power development programme proposed for strengthening of its transmission network to mitigate ongoing energy crisis and to provide smooth power to the consumers which will help in the socio-economic uplift of the area and will also increase employment opportunities, he added. Advisor NTDCL Muhammad Daud, Consultant NTDCL Muhammad Ismael, General Manager (GSC) Qamar Iqbal Bhatti, General Manager (Projects) Tahir Mahmood, Consultant NESPAK Shahid Mahmood, senior officials of NTDCL, Chinese engineers and senior officials of CNEEC were also present on the occasion.