LAHORE: General Electric on Monday announced a deal with China Machinery Engineering Corporation (CMEC) to supply two 330-megawatt boilers to Engro Powergen Thar (Private) Limited; CMEC’s joint venture with Pakistani companies for the Thar Block II Power Plant. The project will support Pakistan’s move to use its ample coal reserves in the Thar desert to meet power generation needs, spur economic development and bring energy security to the country, the company said in a statement. The Thar II project will be the country’s first project fired with lignite from the Thar coal field. It is expected to help reduce pressure on foreign exchange reserves, support energy independence and promote the country’s goal under Vision 2025 to increase the percentage of indigenous sources of power generation to over 50%.
Published in The Express Tribune, April 12th, 2016.
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