June 24, 2008	Tuesday	Jamadi-us-Sani 19, 1429

KARACHI, June 23: The tariff structure for Hubco’s 225MW power plant has been agreed with the National Electric Power Regulatory Authority.

An announcement to this effect was made by the Hub Power Company in a statement here on Monday.

It said the Letter of Support had also been received from the Private Power Infrastructure Board and all equipment supply and construction contracts had also been finalised.

The statement said that Hubco had received the government’s formal approval for setting up the combined cycle power plant at Narowal with an investment of $300 million.

It said the plant, which would be based on Reciprocating Engines Technology having an ISO-installed capacity of 225MW, would start supplying electricity to the National Grid from March 2010.

The statement said that the plant is powered by 11 of the largest, 18 cylinder, V configuration versions of the most powerful four-stroke engine of MAN Diesel’s stationary power generation programme.

The engines will burn residual fuel oil and will operate in a combined cycle arrangement with a total net electrical capacity of 213.60MW at site condition.

The output of the 11 generator sets is complemented by a steam turbine generator driven by steam produced from the engine exhaust gases.