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660MW Jamshoro Coal Power Project: KE seeks cabinet approval for 100pc Thar coal conversion

Business Recorder • • 1 min read

660MW Jamshoro Coal Power Project: KE seeks cabinet approval for 100pc Thar coal conversion

K-Electric has asked the Power Division to include its proposals in a summary seeking Federal Cabinet approval to convert Unit-1 of the 660MW Jamshoro Coal Power Project to 100% Thar coal, Business Recorder reported. KE wants to manage the project without a consultancy fee and become its power purchaser after conversion.

The company has proposed Harbin Electric International as the conversion contractor, citing its role in building the unit’s boiler. A feasibility study puts EPC costs at $86.2 million and total project costs at $116.6 million; KE has offered to keep the project within that total and complete it within 18 months of financial close, while covering cost overruns caused by delays. The proposals still require relevant approvals, including a post-conversion tariff decision by NEPRA, and include a long-term coal supply agreement and transfer of JPCL’s power purchase agreement to KE.

At a glance

  • KE seeks cabinet approval for conversion of Jamshoro Unit-1 to 100% Thar coal.
  • KE proposes to manage the project and purchase its power after conversion.
  • The estimated total project cost is $116.6 million, with completion targeted within 18 months of financial close.

Stocks in this story

Sectors:Power Generation & Distribution

Originally reported by Business Recorder

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