Coalfields: KESC to generate power from Thar

KESC inked a JDA for coal based power generation by utilising readily available indigenous coal reserves in Thar

KARACHI: Karachi Electric Supply Company (KESC) is aiming to bridge the prevailing power demand- supply gap, but also has the object to translate this benefit into lower tariffs for consumers as compared to power generation from furnace oil, 3.7 times more expensive than coal. KESC inked a Joint Development Agreement (JDA) for coal based power generation by utilising readily available indigenous coal reserves in Thar with Sindh Coal Energy Limited (SCEL) and Oracle Coalfields PLC, a KESC press release said on Monday. All parties expressed commitment to ensure successful implementation of JDA to and coordinate efforts to develop project. Integrated arrangement will enable KESC to secure a long-term fuel supply from SCEL at competitive prices. SCEL will own and operate the mine which will be integrated with KESC mine-mouth power plant. SCEL and Oracle completed coal-mine feasibility study and are carrying out an Environment & Social Impact Assessment.

Published in The Express Tribune, June 26^th, 2012.