KESC, En­gro team up to build 600MW power plant at Thar

Enterprise - - News -

Karachi Elec­tric Sup­ply Com­pany and Sindh En­gro Coal Min­ing Com­pany (SECMC) have signed a me­moran­dum of un­der­stand­ing to con­struct a power gen­er­a­tion pro­ject ca­pa­ble of pro­duc­ing 600 megawatts (MW) at Thar coal field. The me­moran­dum was signed by KESC CEO Nayyer Hus­sain and SECMC CEO Sham­sud­din A Sheikh.

Ac­cord­ing to the MoU, SECMC – a joint-ven­ture be­tween En­gro Pow­er­gen and the Govern­ment of Sindh – will de­velop a 600MW Mine Mouth Power

Plant in Thar field’s block 2, whereas KESC will pur­chase power from the plant to meet the ris­ing power de­mand in Karachi and ad­join­ing ar­eas of Sindh and Balochis­tan.

Both the par­ties be­lieve that the agree­ment will serve as the base for a mu­tu­ally ben­e­fi­cial part­ner­ship for fu­ture progress and de­vel­op­ment of one of the largest coal re­serves in Pak­istan.

The two com­pa­nies ac­knowl­edged that coal from Thar had the po­ten­tial to ad­dress the coun­try’s se­vere power short­ages and bring en­ergy se­cu­rity which is in­dis­pens­able for eco­nomic growth.

The Thar Coal Power Pro­ject aims to pro­vide af­ford­able and sus­tain­able elec­tric­ity to con­sumers us­ing do­mes­tic re­sources. Re­liance on in­dige­nous fuel is likely to save bil­lions of dollars in for­eign ex­change cur­rently spent on im­port of the ex­pen­sive al­ter­na­tive fur­nace oil, cut­ting the over­all cost of power gen­er­a­tion.

Power gen­er­a­tion from coal­based plants at Thar will start a new era that will not only en­hance avail­abil­ity of elec­tric­ity but also make it eas­ier for in­dus­trial, agri­cul­tural and com­mer­cial sec­tors to boost pro­duc­tion. Ad­di­tion­ally, avail­abil­ity of Thar coal for coal­fired power gen­er­a­tion will help cre­ate new jobs and achieve en­ergy se­cu­rity.

Newspapers in English

Newspapers from Pakistan

© PressReader. All rights reserved.