STAFF REPORT ISB:The Private Power and Infrastructure Board (PPIB) approved the project to setup coal power plants in Thar. The project entails four units of coal power plants that will generate 350MW each and 1400MW accumulative. The project aims at utilization of coal resources to account for energy crisis in the country. The project will be established by Chinese company Shanghai Electric Group Company.
The approval was given in the 101st board meeting of the PPIB that was chaired by Federal Minister of Water and Power Khawaja Muhammad Asif. The minister directed the PPIB to start work on the projects to ensure their timely completion.
He emphasizing on the significance of cost effective energy and instructed PPIB to facilitate investors.