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KESC, Hong Kong firm sign MoU for coal-fired power

As part of its drive to enhance electricity power generation capacity, the Karachi Electric Supply Company on Friday signed a Memorandum of Understanding for setting up coal power plants up to 1, 000 MWs with Bright Eagle Enterprise Group Limited— a Hong Kong based company sponsored by Chinese and Korean investors.

As per the memo, coal-based power plants from China would be established, commissioned and energised in Karachi on a fast-track basis. KESC Executive Director Syed Naveed Ahmad and Bright Eagle Enterprises Chairman Chen Ping signed the memo on behalf of their companies in Hong Kong.

The enterprise is also collaborating for the conversion of KESC’s 1, 260 MW Bin Qasim Power Plant-I from residual fuel oil to coal under a joint development agreement. The power company is also actively pursuing Thar-coal-reserves based power generation, under a joint development agreement with Oracle Coalfields of UK and Sindh Carbon Energy.

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