Karachi, August 30, 2023 – The China Machinery Engineering Corporation (CMEC) has issued a stern warning, indicating its intention to halt work at the Thar coal mines if outstanding payments are not cleared by September 10, 2023.
Restrictions on Letters of Credit (LC) are taking a toll on the economy, particularly on crucial needs such as power generation. The latest development is that coal mining from Thar Block II may be impacted by LC restrictions.
THARPARKER: Thar coal-fired power plants will generate about 1650 MW electricity, which was inaugurated by PM Sharif on Wednesday.
KARACHI: China Power Hub Generation Company (CPHGC) – a joint venture between The Hub Power Company Ltd. (HUBCO) and China Power International Holding – has declared the Commercial Operations Date (COD) of its 1320MW imported coal power plant and integrated jetty with coal transhipment capacity of 4.2 MTPA, a statement said on Sunday. Developed in […]
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 […]
ISLAMABAD: Federal Board of Revenue (FBR) has imposed restriction on selling the duty free imported goods for machinery and motor vehicles for Thar coal field. In order to impose restrictions the FBR on Saturday issued SRO 673(I)/2019 to amend SRO 268(I)/2015 dated April 02, 2015. The FBR allowed exemption from whole of customs duty on […]