Engro realizes indigenous power production – Thar coal mining starts Commercial operations from July 9

Engro Powergen Thar (Private) Limited (EPTL) – a majority owned Company of Engro Energy – and Sindh Engro Coal Mining Company (SECMC) – a joint venture of Engro Energy with the Government of Sindh and other corporate partners –successfully started the Commercial Operations Date (COD) of the first phase of the Thar coal project from today (July 9).
SECMC successfully unearthed the first layer of coal in June 2018 and completed the 60-day testing period of steady state production of on-specification coal. This culminated the first phase of the mining project. On the other hand, Engro Powergen Thar Private Limited – the Company tasked to construct 2×330 MW mine mouth power plants also declared it’s Commercial Operations Date (COD) as July 9. The EPTL plant demonstrated the proof of concept earlier by synchronizing both the power units in March and April respectively. The Company had since been involved in extensive testing of both the power units and successfully completed all relevant inspections and commissioning of the plant thereby achieving COD.
The COD milestone of both the mining and the power projects is a significant achievement given that the Thar dream has been an elusive reality for millions of Pakistanis for over 27 years. The mining project of SECMC and the EPTL power plant began approximately 3 years ago in 2016 – after the financial close of the project – led by Engro Energy and in collaboration with other commercial partners including Government of Sindh; Thal Limited; HBL; HUBCO; SPIC and China Machinery Engineering Corporation (CMEC) for the mine project; and HBL, CMEC and Liberty for the power plant. Developed in a record time, the Thar Coal projects are part of the early harvest component of the China Pakistan Economic Corridor (CPEC) framework – making it truly a project of national and strategic significance.
Commenting on the occasion, Ghias Khan – President, Engro Corporation – said: “The declaration of the Commercial Operations Date (COD) of the Thar coals mine and power projects are a monumental achievement. This showcases not just the ability of Engro to deliver on mega projects that are good for Pakistan but also underscores the success of public-private partnership models to deploy inclusive development in the country.”
Ahsan Zafar Syed – the Chief Executive Officer of Engro Energy and EPTL said: “Today the Thar coal project has come full circle as we fulfill the promise to the nation of providing indigenous electricity.”
Syed Abul Fazal Rizvi – the CEO of SECMC congratulated the nation on the achievement and said: “The successful culmination of phase one of the mining project – ahead of schedule, well within projected costs and with a stellar safety record – is indeed a remarkable feat., We are now working diligently to pursue phase two of the mining activity as per our expansion plans where we intend to economize the mine and double the production capacity to 7.6 million tons per annum (MPTA) for the additional 2x330MW power plant scheduled to come online in 2021.”

Leave a Reply

Your email address will not be published.