ISLAMABAD: Jamshoro Power Company Limited (JPCL) Monday 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.
The JPCL Chief Executive Officer (CEO) Muhammad Sabir Hanif and CEO SECMC Shamsuddin Ahmed Shaikh signed the agreement, a press release said. The agreement would help to utilize indigenous coal for power generation to fulfill the power demands in the country.
The 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.
The project would be funded by the Asian Development Bank and Islamic Development Bank, where as GENCO Holding Company Limited (GHCL) is the executing agency while the JPCL is the implementing agency of the project.
Mott MacDonald Limited in a joint venture with MM Pakistan Private Limited is the project implementation consultant. The JPCL would procure up to 20 percent of the total coal requirement from SECMC for its proposed coal-fired power plant, which will require up to 800,000 tonnes annually.