IDB approves $220m for Jamshoro power project

E-Paper | March 15, 2026

ISLAMABAD: The Islamic Development Bank (IDB) has approved a loan of $220 million for the Jamshoro coal power plant, it was officially learnt on Saturday.

The loan was approved by IDB’s board of executive directors at its meeting which started on March 23. The IDB’s approvals were mainly in the energy sector with a total of $490m in Pakistan, Morocco, Senegal, Mauritania and Cameroon.

The Asian Development Bank has already approved $900m for the project, whereas $380m will be contributed by the government to meet the overall estimated project cost of $1.5 billion.

Chronic power shortages have often caused social unrest, and cost the country about 2 per cent of its gross domestic product growth each year.

The 600MW supercritical coal-fired power generation plant, using an 80/20 blend of imported sub-bituminous coal and domestic lignite when available, will be in accordance with international and national environmental standards.

Pakistan has been facing rising oil prices and declining gas reserves as well as tight foreign account situation, rendering the reliance on the import of oil to fuel power plants increasingly unaffordable.

The country spends more than $14bn per year on importing oil, a major part of which goes into power generation.

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Pakistan

ADB okays $900m for coal power plant

$900m sought for Jamshoro power plant

Salim mastan

Apr 01, 2014 11:09am

The answer is to grow Jatropha , for producing biodiesel, No matter what is imported it is paid for in Dollars , we can not only save the import bill of $14 billions , we can export jatropha worth $20Billion . All our domestic power plants can run on jatropha, we have grown Jatropha in Pakistan , we have put nearly 200 videos on YouTube on growing of Jatropha in Pakistan , crushing it to make oil and demonstrated it by running gensets to produce electricity, We have given presentations to Railways, Kesc, Wapda, and grown it all over Pakistan. No dirty coal, no sulphur emission , clean and local, Every 40x40 miles square will employ a million people , cheap diesel for truck, generator, tube well, train, and power plants Just Kesc can save $1/2 BILLION , by using it , We have grown it from Karachi to Attock. Pakistan can run Powerplants to produce 50,000 MW of electricity running on Jatropha , at rs 5 or less per unit Salim Mastan Tel 001 510 789 6486 Fremont , California.

Recommend 0

Branded Content

Chery Master Pakistan expands nationwide 3S dealership network: 10 operational, 20 planned by 2027

The nationwide dealership network includes 8 dealerships across six major cities, with two additional dealerships launching in the coming month, expanding the network to 10 dealerships nationwide.

Cardiogen and the molecular language of cardiac renewal: A speculative exploration

This article explores Cardiogen’s molecular characteristics, theorised mechanisms of action and its possible relevance across multiple research domains.

Master MoltyFoam’s Women’s Day initiative supports the next generation of female athletes

This year, Master MoltyFoam used the occasion to highlight the importance of support in sports by launching an initiative focused on encouraging young female athletes in Pakistan.