China and Pakistan signed a $4.8 billion contract on June 20 specifying that China will build its seventh nuclear power plant in Pakistan. This 1,200-megawatt project, named “Chashma 5,” is between the China National Nuclear Corporation and the Pakistan Atomic Energy Commission (PAEC). It will be located in the central Pakistani city of Chashma, where Beijing has already built four nuclear units, generating a total of 1,230 megawatts of power.
Pakistani Prime Minister Shehbaz Sharif attended the signing of a memorandum of understanding. He praised China for offering a $100 million discount on the project.
Source: Voice of America, June 21, 2023