MITHI: In a move to utilise indigenous coal for power generation, Jamshoro Power Company Limited (JPCL) on Saturday signed a memorandum of understanding (MoU) with the Sindh Engro Coal Mining Company (SECMC) for procurement of lignite from deposits situated in Block-II of Thar Coalfield. JPCL Chief Executive Officer Muhammad Sabir Hanif and SECMC CEO Shamsuddin Ahmed Shaikh signed the MoU at the view point of Pakistan’s first open-pit coal mining in Thar Coal Block II.

JPCL is a state-owned corporate entity which intends to build a 1,320 MW super critical coal-based power plant within the existing premises of Thermal Power Station at Jamshoro with the objective to add capacity with highly efficient and environmental friendly technology.

GENCO Holding Company Limited (GHCL) is the executing agency while JPCL is the implementing agency of the project. The project will be funded with a loan from the Asian Development Bank and Islamic Development Bank.

Mott MacDonald Limited – in a joint venture with MM Pakistan (Pvt) Ltd – is the project implementation consultant. JPCL will procure up to 20 per cent of the total coal requirement from SECMC for its proposed coal-fired power plant, which will require up to 800,000 tonnes annually as per JPCL’s preliminary feasibility study of its project and the directives of the Council of Common Interests (CCI).

Published in Dawn, April 2nd, 2017

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

Opinion

A state of chaos

A state of chaos

The establishment’s increasingly intrusive role has further diminished the credibility of the political dispensation.

Editorial

Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...
Iranian tragedy
Updated 21 May, 2024

Iranian tragedy

Due to Iran’s regional and geopolitical influence, the world will be watching the power transition carefully.
Circular debt woes
21 May, 2024

Circular debt woes

THE alleged corruption and ineptitude of the country’s power bureaucracy is proving very costly. New official data...
Reproductive health
21 May, 2024

Reproductive health

IT is naïve to imagine that reproductive healthcare counts in Pakistan, where women from low-income groups and ...