MoU signed for 600 MW coal plant

Karachi: Sindh Coal Authority and Sindh Corbon Energy (Pvt) Ltd signed a memorandum of understand (MoU) on Friday for setting up a 600 MW coal-powered plant in Thar area. Director Shah Rukh signed the MoU on behalf of Corbon Energy Ltd while Sindh Coal Authority was represented by DG Mines Syed Abbas Ali Shah.

In a briefing to the minister on the occasion, it was informed that in the first phase, Sindh Corbon Ltd would set up a 300 MW coal-powered plant in Block-VI at a cost of $350 million while $250 million would be spent on the second phase of 300 MW plant.

Talking to the company officers, Minister for Mines Irfanullah Khan Marwat welcomed them and asked them to start work and said the government will extend them all cooperation.

He said this plant would greatly help overcome the power crisis besides flow of large-scale investment into Sindh Province and availability of employment to jobless while the Tharis would be the higher beneficiaries.

Mr Marwat said the signing of agreements for installation of coal power plant would bring a major revolution in the country and a new Thar will emerge.

He said the foremost effort of the government is that all coal plants start operations on their schedule.