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State Minister Mahesh Malani inaugurates 330MW power project

State Minister Mahesh Malani inaugurates 330MW power project

State Minister Mahesh Malani inaugurates 330MW power project

State Minister Mahesh Malani inaugurates 330MW power project

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  • CEO of Hubco Group Kamran Kamal gave a briefing to State Minister.
  • CM said power plants like ThalNova that utilized local fuel .
  • He said the coal reserves could be used to generate 100,000 MW of electricity.
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ISLAMKOT: Minister for State Dr. Mahesh Malani inaugurated the synchronization of 330 MW of ThalNova with the national Grid by switching the button in the control room of the project on Friday.

Minister for State Dr. Mahesh Malani, on behalf of Sindh Chief Minister Syed Murad Ali Shah whose private flight was canceled due to bad weather in Thar, inaugurated the project.

The CEO of Hubco Group Kamran Kamal and CEO ThalNova Saleemullah Memon gave a detailed briefing to State Minister Dr Mahesh Malani about the project and lauded the efforts of Sindh Chief Minister Syed Murad Ali Shah for his support and encouragement to the investors for generating electricity from Thar Coal.

The Chief Minister in his message to the inauguration ceremony said that the addition of power plants like ThalNova that utilized local fuel would significantly support Pakistan in reducing its dependency on imported fuel. He added that ThalNova has also created hundreds of direct employment opportunities for locals.

He said that the coal reserves of Thar could be used to generate 100,000 MW of electricity for over 200 years. “The utilization of Thar coal would immensely impact Pakistan’s development, allowing the government to save up to $6 billion on fuel imports,” he said..

It may be noted that ThalNova Thar Power Limited is a 330 MW Coal Fired Power Project based on Thar Coal. It is part of China Pakistan Economic Corridor (CPEC). The Project is a joint venture among Hub Power Company Ltd (Hubco), Thal Engineering Ltd, Novatex Limited, and China Machinery Engineering Corporation (CMEC) which is also the EPC contractor.

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The Project started construction in March 2019 to ensure the earliest utilization of indigenous Thar Coal. The Project experienced delays due to COVID-19 pandemic. The Project has now been synchronised onized with the national grid.

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The Chief Minister said that ThalNova will utilise the indigenous coal from Phase 2 of Sindh Engro Coal Mining at Thar Block 2, and this will bring the cost of energy from Thar coal Block 2 to Rs 9/kw-hr versus the imported coal plants which cost around Rs 20-30/kw-hr.

 

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