BEIJING, Nov. 25 (INP): China National Nuclear Corporation (CNNC) and the Pakistan Atomic Energy Commission (PAEC) have signed an agreement to construct a nuclear reactor in Punjab province to meet power shortages. It will be the seventh nuclear power unit that China will be exporting to Pakistan and the third HPR1000. Chashma nuclear plant already has "four Chinese-built CNP-300 units", while "two HPR1000 units are under construction at Pakistan's Karachi nuclear power plant." PAEC chairman Muhammad Naeem said in an interview that PAEC was in the final stages of awarding contracts for Chasma, which would take Pakistan's nuclear capacity to about 5,000 MW when it is finished. Pakistan wanted to build at least 3-4 more big nuclear reactors by 2030. China and Pakistan have already inked six pacts worth $50 billion to secure China-Pakistan Economic Corridor(CPEC), including one on building an airport at the strategic Gwadar port city. The pacts deal with the increasing bilateral cooperation within the framework of China's ambitious One Belt, One Road(OBOR) initiative. China is also set to upgrade the main railway track between Karachi and Peshawar - referred to as ML-1 or Main Line-1. China and Pakistan have also signed an MoU to establish a dry port in Havelian in Abbottabad district. INP/J/AH