KARACHI: Engro Powergen Thar (Private) Limited on Wednesday started commercial operation of its 660 Megawatts Coal-Fired power generation complex at Thar Block-II, District Tharparkar, Sindh.
In a notice to Pakistan Stock Exchange (PSX), Engro Corp said that a power purchase agreement on May 04, 2015 was entered into between Engro Energy Limited (EEL’s) subsidiary EPTL and the National Transmission and Dispatch Company Limited, through its Central Power Purchasing Agency on behalf of ex-WAPDA Distribution Companies, in relation to EPTL’s 660 MW (Gross) coal fired power generation complex at Thar Block-II, District Tharparkar, Province of Sindh, Pakistan.
It said that pursuant to the terms of PPA, EPTL has declared the commercial operation date of the project with effect from July 10, 2019.
Furthermore, EEL’s associated company, namely, Sindh Engro Coal Mining Company Limited (a joint venture between Sindh government, EEL, Thal Limited, Hub Power Company Limited, Habib Bank Limited, CMEC Thar Mining Investment Limited and Houlinhe Open Pit Coal Investment Company) (SECMC) has also declared its commercial operation on the COD date and SECMC shall start the supply of Thar coal to EPTL for its project.
The company said that the projects would usher in a new era of energy security and prosperity for Pakistan which would not have been possible without the support extended by the provincial and federal governments and all other private stakeholders.