Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Implementation agreement, power purchase accord for first power project based on Thar coal signs

byCustoms Today Report
05/05/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: Private Power and Infrastructure Board (PPIB), the National Transmission and Dispatch Company (NTDC) and Engro Powergen Limited (EPGL) signed an implementation agreement and a power purchase accord for the first power project based on Thar coal at the Ministry of Water and Power on Monday.

The implementation agreement was signed by PPIB Managing Director Shah Jahan Mirza and EPGL CEO Shamsuddin A Shaikh while the power purchase deal was inked by NTDC Managing Director Engineer Mohammad Arshad Chaudhry and EPGL CEO Shaikh.

You might also like

Geopolitical instability poses major threat to businesses and global economy: survey

27/10/2026

Chinese business delegation vows deeper trade, joint ventures with Pakistan

26/10/2026

According to details, Engro Powergen will develop a 660-megawatt project, having two plants of 330MW each, utilizing Thar lignite coal, which will be supplied by Sindh Engro Coal Mining Company, the lease holder of Thar block-II.

This is the pilot project that will utilize Thar coal for power generation and its development, will reduce Pakistan’s reliance on costly oil-based power production and save millions of dollars in oil imports. It is expected that the first unit of the project will start producing electricity by December 2017.

“The abundant coal reserves, largely unexploited to date, are estimated at around 186 billion tons, of which 175 billion tons are found in Thar alone,” said Abid Sher Ali, State Minister for Water and Power. “Thar coal will become the energy capital of Pakistan in the next few years.”

Related Stories

Geopolitical instability poses major threat to businesses and global economy: survey

byCT Report
27/10/2026

ISLAMABAD: Geopolitical tensions, rising energy prices and persistent inflation are emerging as major threats to global economic growth and business...

Chinese business delegation vows deeper trade, joint ventures with Pakistan

byCT Report
26/10/2026

BEIJING: A high-level Chinese business delegation visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Capital Office in...

Business community appreciates EXIM Bank Scheme

byQaisar Mansoor
23/10/2026

ISLAMABAD: Federal Minister for Commerce Jam Kamal Khan chaired a consultative meeting with leading exporters, industrialists and representatives of the...

Barrister Danyal invites women entrepreneurs to contribute as parliamentarians

byCT Report
22/10/2026

RAWALPINDI: Federal Parliamentary Secretary for Information and Broadcasting, Barrister Danyal Chaudhry on Wednesday formally inaugurated the The Rawalpindi Chamber of...

Next Post

Oil prices drifts lower

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.