AGL 5.51 Increased By ▲ 0.11 (2.04%)
ANL 8.49 Decreased By ▼ -0.30 (-3.41%)
AVN 75.73 Decreased By ▼ -0.43 (-0.56%)
BOP 5.21 Increased By ▲ 0.04 (0.77%)
CNERGY 4.42 Decreased By ▼ -0.06 (-1.34%)
EFERT 81.53 Increased By ▲ 0.43 (0.53%)
EPCL 49.54 Increased By ▲ 0.54 (1.1%)
FCCL 12.68 Decreased By ▼ -0.02 (-0.16%)
FFL 5.52 Decreased By ▼ -0.07 (-1.25%)
FLYNG 6.74 Decreased By ▼ -0.24 (-3.44%)
FNEL 4.64 Increased By ▲ 0.01 (0.22%)
GGGL 8.45 Decreased By ▼ -0.14 (-1.63%)
GGL 13.85 Decreased By ▼ -0.21 (-1.49%)
HUMNL 6.03 Increased By ▲ 0.53 (9.64%)
KEL 2.56 Decreased By ▼ -0.04 (-1.54%)
LOTCHEM 27.62 Decreased By ▼ -0.09 (-0.32%)
MLCF 23.75 Increased By ▲ 0.07 (0.3%)
OGDC 71.22 Decreased By ▼ -0.23 (-0.32%)
PAEL 15.16 Decreased By ▼ -0.04 (-0.26%)
PIBTL 4.87 Decreased By ▼ -0.04 (-0.81%)
PRL 15.86 Increased By ▲ 0.06 (0.38%)
SILK 1.09 Increased By ▲ 0.04 (3.81%)
TELE 8.84 Decreased By ▼ -0.15 (-1.67%)
TPL 7.08 Decreased By ▼ -0.08 (-1.12%)
TPLP 19.20 Decreased By ▼ -0.02 (-0.1%)
TREET 20.87 Decreased By ▼ -0.27 (-1.28%)
TRG 136.73 Decreased By ▼ -0.02 (-0.01%)
UNITY 16.54 Decreased By ▼ -0.26 (-1.55%)
WAVES 9.16 Increased By ▲ 0.06 (0.66%)
WTL 1.34 Decreased By ▼ -0.03 (-2.19%)
BR100 4,158 Decreased By -27.7 (-0.66%)
BR30 15,339 Decreased By -127.2 (-0.82%)
KSE100 41,652 Decreased By -167.7 (-0.4%)
KSE30 15,380 Decreased By -68.1 (-0.44%)
Follow us

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 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)

PIBT willing to supply Thar coal to Gwadar power plant

IATA says Pakistan has blocked $225mn in airline funds from repatriation

Pakistan seeking $4.2bn from Saudi Arabia: reports

Saudi lays on lavish welcome as China's Xi heralds 'new era' in relations

IHC bars FIA from arresting Suleman Shehbaz upon return from UK

Rupee continues to depreciate, settles at 224.37 against US dollar

Roshan Digital Account: monthly inflow lowest since Dec 2020, clocks in at $141mn in Nov

Saif-ur-Rehman appointed Karachi administrator

Another audio, purportedly of Bushra Bibi discussing ‘sale of watches’, surfaces

Will take action if terrorists regroup in Afghanistan: US State Department

Arshad Sharif killing: SC directs JIT to submit progress report every two weeks