AGL 38.02 ▲ 0.08 (0.21%)

AIRLINK 197.36 ▲ 3.45 (1.78%)

BOP 9.54 ▲ 0.22 (2.36%)

CNERGY 5.91 ▲ 0.07 (1.2%)

DCL 8.82 ▲ 0.14 (1.61%)

DFML 35.74 ▼ -0.72 (-1.97%)

DGKC 96.86 ▲ 4.32 (4.67%)

FCCL 35.25 ▲ 1.28 (3.77%)

FFBL 88.94 ▲ 6.64 (8.07%)

FFL 13.17 ▲ 0.42 (3.29%)

HUBC 127.55 ▲ 6.94 (5.75%)

HUMNL 13.50 ▼ -0.10 (-0.74%)

KEL 5.32 ▲ 0.10 (1.92%)

KOSM 7.00 ▲ 0.48 (7.36%)

MLCF 44.70 ▲ 2.59 (6.15%)

NBP 61.42 ▲ 1.61 (2.69%)

OGDC 214.67 ▲ 3.50 (1.66%)

PAEL 38.79 ▲ 1.21 (3.22%)

PIBTL 8.25 ▲ 0.18 (2.23%)

PPL 193.08 ▲ 2.76 (1.45%)

PRL 38.66 ▲ 0.49 (1.28%)

PTC 25.80 ▲ 2.35 (10.02%)

SEARL 103.60 ▲ 5.66 (5.78%)

TELE 8.30 ▲ 0.08 (0.97%)

TOMCL 35.00 ▼ -0.03 (-0.09%)

TPLP 13.30 ▼ -0.25 (-1.85%)

TREET 22.16 ▼ -0.57 (-2.51%)

TRG 55.59 ▲ 2.72 (5.14%)

UNITY 32.97 ▲ 0.01 (0.03%)

WTL 1.60 ▲ 0.08 (5.26%)

BR100 11,727 342.7 (3.01%)

BR30 36,377 1165.1 (3.31%)

KSE100 109,513 3238.2 (3.05%)

KSE30 34,513 1160.1 (3.48%)

اردو

Dec 22, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Print Print 2024-08-14

New coal-fired power plant starts operations today

Press Release Published August 14, 2024

LAHORE: In a significant milestone for Pakistan’s energy sector, a new 660 MW coal-fired power plant in Jamshoro is set to commence operations on August 14, Pakistan’s Independence Day. This project marks a landmark achievement in the country’s energy infrastructure.

The plant, owned by the Government of Pakistan and funded by the Asian Development Bank, features advanced supercritical technology and is designed to enhance energy efficiency and stabilize the national grid. Its strategic location will benefit the industrial hub of Karachi and the southern region.

Coal-fired power plant: ADB sets August 15 deadline for KE, JCPL and GHCL to ink PPA

The plant’s commissioning is a technological advancement and a strategic asset for Pakistan’s energy sector, expected to improve power stability and reliability. K-Electric has expressed plans to acquire the plant in the future, reflecting its anticipated value and impact.

Pakistan ADB energy sector National Grid coal fired power plant Jamshoro coal fired power plant Pakistan energy sector

Comments

Comments are closed.

Zia Ullah Khan Aug 14, 2024 09:33am

Another power plant with 80% imported coal component will further add to miseries of consumers.

Recommended (0)

M Anwar Khan Aug 14, 2024 05:40pm

@Zia Ullah Khan , and pollution

Recommended (0)

Az_Iz Aug 14, 2024 06:29pm

The country already had a lot of idle capacity. What is going on.

Recommended (0)

Az_Iz Aug 14, 2024 06:30pm

Looks like the idle capacity that the country already had was not enough.

Recommended (0)

Ashiq khan Aug 14, 2024 09:12pm

Capacity payment burden will be exceeded

Recommended (0)

Faisal Aug 14, 2024 10:01pm

@Zia Ullah Khan , currently at 10p% imported oal

Recommended (0)

Faisal Aug 14, 2024 10:01pm

@Zia Ullah Khan , currently at 10p% imported coal

Recommended (0)

Fouzi. Aug 15, 2024 12:07am

it will be privatized soon and until than this 660 MW will be used free of cost(theft)

Recommended (0)

Jan Aug 15, 2024 12:07am

Is it another IPP under government to add woes to the people of Pakistan?

Recommended (0)

Tariq Mehmud Satti Aug 15, 2024 10:25am

This is again a imported coal fired plant which will further burden the foreign exchange reserves.

Recommended (0)

AAN Aug 15, 2024 01:12pm

Luckily it is government based plant and government may waiver the capacity payment

Recommended (0)

M.amin malik Aug 15, 2024 02:26pm

Any sensible government will build another coal power plant when Pakistan already have twice the electricity production capacity than needed, neither we have power transmission capacity.

Recommended (0)

ishrat salim Aug 15, 2024 05:57pm

the news does not say, whether it is based on thar coal or imported coal, like Sahiwal coal power plant.

Recommended (0)

Saleem Zia Aug 15, 2024 07:50pm

@Az_Iz , Only Elite Classes Corruption And Greed Is Destroying Economy of Pakistan??

Recommended (0)

Saleem Zia Aug 15, 2024 07:53pm

@AAN, No Dont Expect Good From These **Thieves Crooks and Gamblers in The Elite Class Controled Gov't of Any Dirty Political Leaderships??

Recommended (0)

Tahir Aug 16, 2024 03:55pm

@ishrat salim , their is no sufficient thar coal in pakistan,this plant will run only on imported coal untill or unless the third pit in thar gives up grapes.

Recommended (0)

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72