PR88354

SHANGHAI, March 4, 2021 /PRNewswire=KYODO JBN/ --

Shanghai Electric (the "Company") (SEHK: 02727, SSE: 601727), the world's

leading manufacturer and supplier of electric power generation equipment,

industrial equipment and integration services, has received the Annual

Corporate Social Responsibility Award from the Karachi branch of the

All-Pakistan Chinese Enterprises' Association (APCEA). The award recognizes the

Company's contribution to the social development of the region in 2020, and its

active commitment to CSR.

video: https://mma.prnewswire.com/media/1449655/video.mp4

"We are truly honored to receive this recognition from the APCEA. Shanghai

Electric will continue to promote the development of the China-Pakistan

Economic Corridor in the future and strive to ensure the smooth construction

and operation of the Thar Block-1 Integrated Mining-Power project. At the same

time, we remain steadfastly committed to promoting the advancement of

Pakistan's energy projects, in order to benefit more people in the local

community," said Meng Donghai, CEO of Thar Coal Block-1 Power Generation

Company.

The Thar Block-1 Integrated Mining-Power project ("the Project") was impacted

by the COVID-19 pandemic last year, which in turn affected the local community

in Mithi City and the wider Sindh Province. As the project developer, Shanghai

Electric swiftly responded when the Pakistani government implemented lockdown

measures in March 2020, working closely with the Sindh Government to assist

locals during the challenging period.

In April, the Company donated essential supplies to Pakistan's 441 Infantry

Brigade to ensure the safety of the army. Shanghai Electric also donated

supplies to Mithi City, and distributed protective materials, grain and oil to

help local teams address food and clothing shortages in impoverished villages.

Later in July, Thar Coal Block-1 Power Generation Company together with the

Sino Sindh Resources Company on behalf of Shanghai Electric donated 6 million

rupees to Sindh Province to found Corona Virus Emergency Fund, which aims to

help the local government and community tackle the epidemic challenges.

At the same time, the Project is trying to overcome numerous difficulties and

accelerated implementation, whilst ensuring compliance with pandemic prevention

and control measures. The entry and opening of the main plant's steel structure

was completed in July 2020, laying a solid foundation for the on-time

completion of subsequent project nodes.

The national lockdown and travel restriction slowed down the construction

progress of the project at the height of the pandemic in Pakistan last year. To

swiftly respond to the emergency, Shanghai Electric arranged charter flights to

dispatch engineers and workers to accelerate the project progress

(https://en.prnasia.com/releases/apac/shanghai-electric-accelerates-the-progress

-of-thar-block-1-integrated-coal-mine-power-project-288968.shtml), alongside 4

tonnes of personal protective equipment, essential supplies, office supplies

and emergency medicine also to on-site employees.

Over the past year, Shanghai Electric has made continuous efforts to promote

local employment in Sindh Province. As of January 2021, the Project had more

than 5,000 employees working on the site - over 75% of whom are local staff.

Shanghai Electric organized dedicated pre-job training to help workers improve

their working skills, and brought senior Chinese technicians on board to pass

on their skills, knowledge and experience to locally hired workers. In October

2020, the power company held a soldering competition

(https://en.prnasia.com/releases/apac/shanghai-electric-is-welding-boiler-of-tha

r-coal-block-1-2x660mw-power-plant-project-while-empowering-local-welders-296379

.shtml) to encourage local welders to demonstrate their professional expertise

in the spirit of pursuing perfection.

The Thar Block-1 Integrated Mining-Power Project

(https://en.prnasia.com/releases/apac/shanghai-electric-achieves-financial-close

-for-coal-mine-project-of-thar-block-1-integrated-coal-mine-power-project-in-pak

istan-273812.shtml) was developed by Shanghai Electric under the Belt and Road

Initiative and a priority energy cooperation project under the China-Pakistan

Economic Corridor (CPEC). It is also part of an effort by the Government of

Pakistan to improve energy security and reduce the average cost of power

generation by moving from imported fuel to local coal.

The Project is developed with an annual production capacity of 7.8 million tons

of coal and features two 660-megawatt coal-fired power plants that can deliver

affordable and reliable electricity for approximately 4 million Pakistani

households with environment-friendly technology.

Logo: https://mma.prnewswire.com/media/1190744/Logo.jpg

Source: Shanghai Electric