MITHI: In a move to utilise indigenous coal for power generation, Jamshoro Power Company Limited (JPCL) on Saturday signed a memorandum of understanding (MoU) with the Sindh Engro Coal Mining Company (SECMC) for procurement of lignite from deposits situated in Block-II of Thar Coalfield. JPCL Chief Executive Officer Muhammad Sabir Hanif and SECMC CEO Shamsuddin Ahmed Shaikh signed the MoU at the view point of Pakistan’s first open-pit coal mining in Thar Coal Block II.
GENCO Holding Company Limited (GHCL) is the executing agency while JPCL is the implementing agency of the project. The project will be funded with a loan from the Asian Development Bank and Islamic Development Bank.
Courtesy : Dawn News