Hubco Thar Block II minemouth power station

From SourceWatch
Jump to: navigation, search

This article is part of the Coal Issues portal on SourceWatch, a project of CoalSwarm and the Center for Media and Democracy. See here for help on adding material to CoalSwarm.

This article is part of the CoalSwarm coverage of Pakistan and coal.
Sub-articles:
Related articles:

Hubco Thar Block II minemouth power station is a proposed coal plant in Pakistan.

It is also known as unit 4 of the Thar Engro power station.

Location

The map below shows the location of Thar Block-II, the mining area where the plant will be built, in Sindh province.

Loading map...

Background: Phase I (Thar Engro)

Blocks in Thar coal field. Photo: Oracle Coalfields

The National Electric Power Regulatory Authority (Nepra) accepted a generation license application from Thar Energy Limited (TEL) for a 330 MW mine-mount plant located in Thar Block II. The project is estimated at US$497.7 million. It will be financed mainly by debt raised from Chinese financial institutions, with the remainder raised from Pakistani banks.[1] The project was permitted in May 2016.[2] The Private Power and Infrastructure Board issued a letter of support for the project in December 2016.[3]

In March 2017, Fauji Fertilizer Company, a subsidiary of the Fauji Foundation, took a 30% share in the project, and China Machinery Engineering Corporation, the project's engineering, procurement, and constructor (EPC) contractor, took another 10%. The construction schedule is 40 months, with completion thus planned for 2020. Initial groundwork on the project had already begun.[4][5]

In March 2018, Hubco, FFC, and CMEC signed the shareholders agreement. Financial close of the project is expected in June 2018, and commercial production in 2021.[6]

Project Details

  • Sponsor (Phase I): Thar Energy Limited (TEL)
  • Parent company (Phase I): Hub Power Company (Hubco) (60%), Fauji Foundation (30%), and China Machinery Engineering Corporation (10%)
  • Location: Thar Block-II, southeast of Singhara in Thatta district, Sindh province
  • Coordinates: 24.776, 70.4 (approximate)
  • Status: Construction
  • Gross Capacity: 330 MW
  • Type:
  • Projected in service: 2021
  • Coal Type: Lignite
  • Coal Source: Thar Block II
  • Source of financing: China Development Bank (CDB), Habib Bank[7]

Articles and resources

References

Related SourceWatch articles

External resources