<div><span style="font-size: 1rem;"><b>China and Pakistan have signed an MoU to construct a 1,200 MW nuclear power plant in Punjab province.</b></span><br></div><div><br></div><div>The "Chashma V (C-5)" facility will be built with Chinese investment of $3.48 billion, and the project will not incur additional costs despite inflation since the deal was signed in 2017.</div><div><br></div><div>The plant is part of Pakistan's "energy security plan" to diversify its energy mix and provide cheap electricity. The China-Pakistan Economic Corridor (CPEC), connecting Xinjiang to Gwadar, is a flagship project under the Belt and Road Initiative. Source: sputniknewsindia</div><div><br></div><div>bnbd24/fas</div>