The Karachi Electric Supply Company has signed a Memorandum of Understanding with Sindh Engro Coal Mining Company (SECMC) to jointly pursue a generation project of up to 600 megawatts electricity as a mark of cooperation between the two companies on development of one of the largest coal reserves around the world in Thar.
By virtue of this MoU, SECMC, a joint venture company between Engro Powergen Limited (EPL) and the Government of Sindh, would develop a 600 MWs Mine Mouth Power Plant at Thar Block II whereas KESC would off take power from this plant to meet the rising power demand in its coverage zone in Karachi city and adjoining areas in the interior of Sindh and Baluchistan.
The memorandum was signed by Nayyer Hussain, CEO of KESC, and Shamsuddin A. Sheikh, CEO, SECMC. On this occasion, Nayyer Hussain said that the MoU is of strategic importance for the country as well as for both the companies. “We are keen to work together to realize the potential of Thar coal reserves which could be the major indigenous fossil fuel resource for Pakistan’s present and future energy needs. We are confident that together we would do the ground breaking work in coal exploration and coal-fired power generation in Thar region, paving the way for other developers to embark upon major infrastructure development projects.”