AGL 40.02 Decreased By ▼ -0.01 (-0.02%)
AIRLINK 127.99 Increased By ▲ 0.29 (0.23%)
BOP 6.66 Increased By ▲ 0.05 (0.76%)
CNERGY 4.44 Decreased By ▼ -0.16 (-3.48%)
DCL 8.75 Decreased By ▼ -0.04 (-0.46%)
DFML 41.24 Decreased By ▼ -0.34 (-0.82%)
DGKC 86.18 Increased By ▲ 0.39 (0.45%)
FCCL 32.40 Decreased By ▼ -0.09 (-0.28%)
FFBL 64.89 Increased By ▲ 0.86 (1.34%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.51 Increased By ▲ 1.74 (1.57%)
HUMNL 14.75 Decreased By ▼ -0.32 (-2.12%)
KEL 5.08 Increased By ▲ 0.20 (4.1%)
KOSM 7.38 Decreased By ▼ -0.07 (-0.94%)
MLCF 40.44 Decreased By ▼ -0.08 (-0.2%)
NBP 61.00 Decreased By ▼ -0.05 (-0.08%)
OGDC 193.60 Decreased By ▼ -1.27 (-0.65%)
PAEL 26.88 Decreased By ▼ -0.63 (-2.29%)
PIBTL 7.31 Decreased By ▼ -0.50 (-6.4%)
PPL 152.25 Decreased By ▼ -0.28 (-0.18%)
PRL 26.20 Decreased By ▼ -0.38 (-1.43%)
PTC 16.11 Decreased By ▼ -0.15 (-0.92%)
SEARL 85.50 Increased By ▲ 1.36 (1.62%)
TELE 7.70 Decreased By ▼ -0.26 (-3.27%)
TOMCL 36.95 Increased By ▲ 0.35 (0.96%)
TPLP 8.77 Increased By ▲ 0.11 (1.27%)
TREET 16.80 Decreased By ▼ -0.86 (-4.87%)
TRG 62.20 Increased By ▲ 3.58 (6.11%)
UNITY 28.07 Increased By ▲ 1.21 (4.5%)
WTL 1.32 Decreased By ▼ -0.06 (-4.35%)
BR100 10,081 Increased By 80.6 (0.81%)
BR30 31,142 Increased By 139.8 (0.45%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

Karachi Electric Supply Company (KESC) is going to have the electricity supply from its 560 megawatts Combined Cycle Power Plant (CCPP) project at Bin Qasim, by the mid of next year. As two more gas-based turbines has reached the city from France completing the three turbines of the plant, the supply from the important project would be started by June 2011, official sources in KESC said.
According to the sources first turbine and associated auxiliaries have already arrived while the installation of different parts of the plant would be started next month. They said that the project containing total four turbines out of which three was gas based while another one was steam turbine.
"The three gas turbines have been obtained from GE, France, and the steam turbine will come from HARBIN, China. After the completion of installation, the first turbine will start providing electricity to the KESC power network in June 2011, second in July, third in August on the open cycle the same year while the steam turbine from China will start in March 2012 in combined cycle mode," they added.
Through a statement Tabish Gauhar, CEO of KESC, said "With this unprecedented investment into the private energy sector of the country, we now stand vindicated in front of our valued consumers who can see that our commitment to enhance our generation capacity has come true. This is a great moment in KESC's history and this will open a new era in the private energy sector."
It is to mention here that, the World Bank had sanctioned at least Rs 27 billion for the project. Beside the utility had also loaned Rs 8 billion from a local banking consortium as mobilisation charges for the project.
Though the project was earlier planned to start electricity generation by 2010, it with the delay of almost one year was expected to start supplying power to the city by 2011. The agreement with the Chinese firm, for the project was signed by the previous management of KESC in June 2008.

Copyright Business Recorder, 2010

Comments

Comments are closed.