ISLAMABAD: A 330-megawatt coal-power project at Thar Block-II has achieved financial close, with the Private Power and Infrastructure Board (PPIB) Managing Director Shah Jahan Mirza and Thar Energy Limited Chief Executive Officer Saleemullah Memon signing and sealing the deal.
Minister for Power Omar Ayub Khan welcomed the potential of 330MW to the national grid that will enhance sustainability and reliability in the power sector.
The project worth $497 million is jointly sponsored by Hub Power Company, Fauji Fertiliser and China Machinery and Engineering Corporation under the China-Pakistan Economic Corridor (CPEC) framework. China Development Bank and HBL are the lead financiers.
The project will utilise Thar coal from Sindh Engro Coal Mining Company (SECMC).
For news and blogs visit Graana.com.
The Ittefaq Group of Industries' family members founded Ittefaq Hospital in Lahore. Mian Muhammad Sharif…
Tando Bago is a town in Pakistan that is tucked away in the center of…
Amidst the fertile plains of Punjab, Pakistan, lies Aminpur Bangla, a town brimming with potential…
Jhal Magsi District is a gem of a city located in the central region of…
About 90 kilometers south of Multan, Jalalpur Pirwala is a city and tehsil capital housing…
ISLAMABAD: Chaudhry Muhammad Ali Randhawa, the newly appointed Chief Commissioner of Islamabad, wasted no time…
Welcome to Graana Blog - Pakistan’s Smartest Property Portal!
For more than a decade our intention has been to revolutionise the real estate industry in Pakistan. The same belief drove the vision of our real estate team, Graana where quality beats quantity.
We have introduced an extremely transparent and purposeful portal where we will help you buy, rent or sell your property. A place where you can sit back relax and let us market your projects and listings. We believe we have set new standards for the future of real estate in Pakistan by providing the smartest property portal.
