ISLAMABAD: K-Electric (KE) has urged the Power Division to reconstitute the committee responsible for overseeing the study on the conversion of the Jamshoro Power Plant to Thar coal, as a consultant has already been hired, sources told Newzshewz.
On March 12, 2025, the Power Division, in a letter to KE, sought an update on the onboarding of a consultant to conduct the Bankable Feasibility Study (BFS) for the conversion of the Jamshoro Power Plant.
In response to the Power Division’s letter, K-Electric’s Chief Executive Officer, Syed Moonis Abdullah Alvi, stated that, as apprised during the update meeting held on March 3, 2025, under the leadership of the Federal Minister for Power, KE remains fully committed to carrying out the study and is expeditiously working to onboard the consultant selected by the Power Division’s committee to oversee the study.
“I am pleased to share that KE has already issued the letter of award to the selected consultant. To proceed effectively, it is imperative that all necessary requirements for executing the contract with the consultant and issuing the notice to proceed are met. These prerequisites include obtaining approval from the State Bank of Pakistan (SBP) for foreign remittances related to the consultant’s remuneration and ensuring the availability of all requisite input data,” Alvi said, adding that the timeline for the consultant’s activities related to the study is contingent on the fulfillment of these prerequisites.
According to the CEO KE, in this regard the following letters that are already drafted by KE and shared with the Committee, to be duly signed and issued to the respective entities ;(i) Letter to Thar Coal Energy Board (“TCEB”) to solicit information regarding the prospective allocation of Thar Coal in relation to mine expansion, the Levelized and Year-Wise Tariff of Thar Coal, the earliest availability of Thar, Total Foreign Component of the Thar Coal Tariff and Total Cost of Mine Expansion ;(ii) Letter to Pakistan Railway Freight Transportation (“PRFTC”) to request for information regarding Railway track access, Railway tariff, Rail traffic/logistics study data, the environmental and social impact assessment pertaining to both new and existing railway tracks and No Objection Certificate (“NOC”) for the entire track ; and (iii) Letter to SBP to request for approval of foreign remittances required for the project.
Moreover, as agreed and discussed in the earlier meeting of the Committee and the progress review meetings held under the leadership of the Federal Minister for Power, KE has requested to take the necessary actions with regards to the following requirements, as this will ensure the proper documentation of the entire proceedings of the Committee that are carried out ;(i) issuance of official notifications for the reconstitution of the Committee incorporating the updated list of members ;(ii) issuance of final approval by the Chair of the Committee on the agreed minutes of the four meetings conducted by the Committee on November 21 2024, November 28, 2024, January 14 ,2025, and January 22 2025 and ;(ii) issuance of the official minutes of the review meeting held under the leadership of Federal Minister for Power on January 28 2025, for which the draft has already been circulated by KE.
Ends
