14th October: The Karachi Electric Supply Company (KESC) is planning to generate at least 300 megawatts from Thar Coal. The company which is facing a shortage of fuel especially gas of over 80 MMCFD, has also planned to convert one of its existing dual fuel power generating units of 200 MW into a coal fired plant to minimise the cost of electricity.
The CEO of KESC Tabish Gauhar recently disclosed in an interview with a local daily that KESC has signed an MoU with a British company Oracle Coalfields (primarily engaged in coal drilling, exploration, mining and production) to set up a major coal-fired power plant at mine-mouth fueled by coal to be mined at Thar coalfields in Sindh. According to the MoU, Oracle Coalfields will own and operate the mine.
