Pakistan signs first public sector super critical coal fired power project
*JAMSHORO*: Pakistan has signed contract for first super critical coal fired power plant in public sector.
The management contract of Jamshoro Coal-Fired Power Project was signed between the Jamshoro Power Company Limited (GENCO) and Siemens Harbin Electric International on Friday in Islamabad.
It will be the first supercritical coal-fired power project in public sector to be installed at Jamshoro in Sindh.
The engineering, procurement and construction (EPC) contract for the first unit that has a capacity of 660MW was signed at a ceremony in Islamabad. A five-year operation and maintenance (O&M) contract was also signed.
“The EPC contract price for Lot-I (unit 1 of 660MW and balance of plant) signed today is $562 million. The EPC contract price of Lot-II (unit 2 of 660MW and expansion of balance of plant) is $313 million which will be signed in the next phase once the financing arrangement is finalised,” read a statement released on the occasion.
“The signed Lot is being funded by the Asian Development Bank, and each unit will be completed within 42 months”, the release added.