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The 1,320 megawatt Pakistan Port Qasim Power Project comprises two 660 megawatt supercritical coal power plants, one of which was inaugurated in December 2016 as part of the China–Pakistan Economic Corridor. The $2.09 billion project is located on 330.7 acres at Port Qasim, 37 kilometers east of Karachi in Sindh Province. The project is part of a group of 14 energy projects which fall under the fast-tracked "Early Harvest" program of the $46 billion China Pakistan Economic Corridor project. The plants were built on a "Build-Own-Operate" basis,[5] and were constructed and will be operated by the Port Qasim Energy Holding,[6] a firm jointly financed by Qatar's Al-Mirqab Capital and China's Power Construction Corporation, a subsidiary of Sinohydro Resources Limited.