Chinese IPPs step up pressure for payment of dues
ISLAMABAD: As Prime Minister Shehbaz Sharif is leaving for China on a four-day (June 4-8) official visit on Tuesday...
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ISLAMABAD: As Prime Minister Shehbaz Sharif is leaving for China on a four-day (June 4-8) official visit on Tuesday...
Billions of dollars can be saved if power plants shift from imported to local coal
In Sindh, the 330-megawatt Thar Energy Limited Power Project Block-II is being completed under China-Pakistan Economic Corridor or CPEC. According to an official, the power plant would supply electricity to the national grid under a 30-year power purchase agreement. According to APP news agency, the power plant is a 330MW mine-mouth lignite-fired power project being built by Thar Energy, which is owned by the Hub Power Company or Hubco, China Machinery Engineering Corporation or CMEC and Fauji Fertilizer Company or FFC. Similarly, two more coal-fired power plants, Engro Thar Block II power pla...