Accord for 134MW power project

Published September 28, 2007

ISLAMABAD, Sept 27: The Private Power and Infrastructure Board (PPIB) on Thursday signed an Implementation Agreement (IA) with a subsidiary of UAE’s Al-Ghurair Group for setting up of a 134 MW Star Power Project in Dharki, district Ghotki in Sindh, according to a press release.

Acting managing director of PPIB Mohammad Yousuf Memon signed the agreement on behalf of the government while Musarrat Zuberi, CEO of Star Power Project signed the agreement on behalf of the company.

The power plant will use Low BTU gas from Mari Deep reserves and run on combined cycle technology.

The sponsors of the project are ETA-ASCON (Al-Ghurair Group, UAE) and the power plant will be set up with an estimated cost of more than $100 million. It is expected that the power complex will start supplying power to the national grid by July 2010.

Opinion

Editorial

Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...
Islamabad protest
Updated 20 Nov, 2024

Islamabad protest

As Nov 24 draws nearer, both the PTI and the Islamabad administration must remain wary and keep within the limits of reason and the law.
PIA uncertainty
20 Nov, 2024

PIA uncertainty

THE failed attempt to privatise the national flag carrier late last month has led to a fierce debate around the...
T20 disappointment
20 Nov, 2024

T20 disappointment

AFTER experiencing the historic high of the One-day International series triumph against Australia, Pakistan came...