AIRLINK 79.41 Increased By ▲ 1.02 (1.3%)
BOP 5.33 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.38 Increased By ▲ 0.05 (1.15%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 76.87 Decreased By ▼ -1.64 (-2.09%)
FCCL 20.53 Decreased By ▼ -0.05 (-0.24%)
FFBL 31.40 Decreased By ▼ -0.90 (-2.79%)
FFL 9.85 Decreased By ▼ -0.37 (-3.62%)
GGL 10.25 Decreased By ▼ -0.04 (-0.39%)
HBL 117.93 Decreased By ▼ -0.57 (-0.48%)
HUBC 134.10 Decreased By ▼ -1.00 (-0.74%)
HUMNL 7.00 Increased By ▲ 0.13 (1.89%)
KEL 4.67 Increased By ▲ 0.50 (11.99%)
KOSM 4.74 Increased By ▲ 0.01 (0.21%)
MLCF 37.44 Decreased By ▼ -1.23 (-3.18%)
OGDC 136.70 Increased By ▲ 1.85 (1.37%)
PAEL 23.15 Decreased By ▼ -0.25 (-1.07%)
PIAA 26.55 Decreased By ▼ -0.09 (-0.34%)
PIBTL 7.00 Decreased By ▼ -0.02 (-0.28%)
PPL 113.75 Increased By ▲ 0.30 (0.26%)
PRL 27.52 Decreased By ▼ -0.21 (-0.76%)
PTC 14.75 Increased By ▲ 0.15 (1.03%)
SEARL 57.20 Increased By ▲ 0.70 (1.24%)
SNGP 67.50 Increased By ▲ 1.20 (1.81%)
SSGC 11.09 Increased By ▲ 0.15 (1.37%)
TELE 9.23 Increased By ▲ 0.08 (0.87%)
TPLP 11.56 Decreased By ▼ -0.11 (-0.94%)
TRG 72.10 Increased By ▲ 0.67 (0.94%)
UNITY 24.82 Increased By ▲ 0.31 (1.26%)
WTL 1.40 Increased By ▲ 0.07 (5.26%)
BR100 7,526 Increased By 32.9 (0.44%)
BR30 24,650 Increased By 91.4 (0.37%)
KSE100 71,971 Decreased By -80.5 (-0.11%)
KSE30 23,749 Decreased By -58.8 (-0.25%)

ISLAMABAD: Pakistan International Bulk Terminal Limited (PIBT) has expressed willingness to supply Thar coal to 300-MW Gwadar Port through barges/ ships as the government intends to shift imported coal project to local coal, well informed sources told Business Recorder.

Pakistan International Bulk Terminal Limited is the only terminal at Port Qasim from where Thar coal can be transported for the coal project.

According to Secretary, PQA, Tipu Sufian Shaikh, PIBT has urged PPIB to consider all aspects but not limited to following while preparing the feasibility study for coal transportation by sea from PIBT (Port Qasim) to Gwadar through barges as per best industry practice: (i) barges/ vessels movement/ operation in the PQA Navigation Channel and its berthing at PIBT requires technical navigation/ simulation study; (ii) if feasible, port charges should be in accordance with Gazetted notified PQA tariff available on PQA website; and (iii) tariff of coal storage and handling at PIBT as per provisions of Implementation Agreement signed between PQA& PIBT.

PQA has requested Ministry of Maritime Affairs (MoMA) to approach Ministry of Energy (Power Division)/ PPIB.

300MW Gwadar plant: CPPCL unwilling to shift to Thar coal

Two meetings were held with PIBT on this matter on October 19 and October 26, 2022, where PIBT stated that PPIB also contacted them through a letter and they are capable to load coal on barges/ vessels for the project. Moreover, PIBT requested PPIB for a meeting to discuss the possibilities and options of coal transportation by sea from PIBT (Port Qasim) to Gwadar.

‘PIBTL has ample coal handling capacity’ 14

In September 2022, Managing Director PPIB, in a letter to Chairman PQA, noted that 300-MW imported coal based power project at Gwadar - Balochistan is included in the list of prioritized projects under China Pakistan Economic Corridor (CPEC) Agreement signed between the Governments of China and Pakistan in November 2014. M/C CCCC Industrial Investment Holding Company Pak Power Company Limited (CPPCL) has been actively pursuing development of the power project and is in process to achieve financial close.

Copyright Business Recorder, 2022

Comments

Comments are closed.

Muhammed Nov 19, 2022 01:16pm
Project is not at all feasible & can be cancelled even if included in CPEC. Instead, a transmission of 132kv can easily be laid from Kanupp 2-3 to Gwadar at a fraction of cost within shortest possible time which will cater the need of whole coastal area of Baluchistan. This will have double benefit. Utilizing surplus power. No liability on GOP for next 25-30 years to make payments to CCCC/CPPCL.
thumb_up Recommended (0)