Energy Projects...Updates
- Thread starter ghazi52
- Start date
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Turkish firm to develop two solar power plants in Pakistan
ANKARA (NNI): Turkey’s Zorlu Energy Electricity Generation Company announced on Tuesday that they have received approval for building two solar power plants in Pakistan, the Turkish media reported. The development came after the necessary pre-licenses were provided to the company. The power plants will each have a 100 megawatts capacity and will be developed through the subsidiaries of Zorlu Energy, Zorlu Sun Power Limited and Zorlu Renewable Pakistan Limited. The agreement was signed between Punjab government and Zorlu Energy in February this year however; the completion date is still to be announced. In January, Zorlu and Pakistan agreed to a 100-megawatt solar project, Quaid-e-Azam. The company previously announced plans to finish its first 100-megawatt Quaid-e-Azam solar project within the year. The latest 200MW project will mount up the solar capacity in Pakistan to 300 megawatts.
ANKARA (NNI): Turkey’s Zorlu Energy Electricity Generation Company announced on Tuesday that they have received approval for building two solar power plants in Pakistan, the Turkish media reported. The development came after the necessary pre-licenses were provided to the company. The power plants will each have a 100 megawatts capacity and will be developed through the subsidiaries of Zorlu Energy, Zorlu Sun Power Limited and Zorlu Renewable Pakistan Limited. The agreement was signed between Punjab government and Zorlu Energy in February this year however; the completion date is still to be announced. In January, Zorlu and Pakistan agreed to a 100-megawatt solar project, Quaid-e-Azam. The company previously announced plans to finish its first 100-megawatt Quaid-e-Azam solar project within the year. The latest 200MW project will mount up the solar capacity in Pakistan to 300 megawatts.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
NTDC connects 147MW Patrind plant with national grid
http://nation.com.pk/business/14-Jun...-national-grid
LAHORE - The National Transmission and Despatch Company Ltd (NTDC) has connected the Patrind hydropower plant to Muzaffarabad-II grid station through 132 kV double circuit transmission line, in Azad Jamu Kashmir.
One unit of the plant has started power generation on Tuesday and was connected with national grid, whereas with the completion of testing process, power generation will be increased to its optimal level. The 147MW Patrind hydropower plant will benefit the areas of Hazara and AJK. A separate transmission line will also be connected with 220 kV Mansehra grid station, which will improve the voltage level and help in reducing the loadshedding in AJK and Hazara Division.
The NTDC spokesman said that the government is committed to eradicate loadshedding from the country and the NTDC has already provided transmission interconnection facilities to many power generation projects with their total installed capacity of 6,164MW. These projects include Bhikki 1200MW, Haveli Bahadur Shah 1200MW, Balloki 1200MW, Sahiwal 1320MW, Chashma C3 and C4 680MW, Quaid-e-Azam 400MW (For the remaining 600 MW, a 220 kV transmission line and associated substation is already complete) and Renolia 17MW.
During the current financial year, several 500 kV and 220 kV transmission line projects are at their advanced stages of construction. For instance, out of the total 1123 km of 500 kV transmission lines of various projects, construction progress varies between from 60-90 percent. These lines include Neelum–Jhelum to Domeli, 3rd Circuit Jamshoro-Moro-Dadu-Rahim Yar Khan, Balloki to New Lahore, Haveli Bahadur Shah of 2nd interconnection and Port Qasim to the connection point at NKI to Jamshoro line. Transmission line to interconnect Neelum Jhelum Hydro power project is 90 percent complete and it will be energised well before the CoD of the power house.
Similarly, out of the total 614km of 220 kV transmission lines of multiple projects, construction progress ranges from 62-98 percent. These projects include Lal Suhanra, Jhimpir-TM Khan, Uch-Sibbi and Gharo-Jhimpir. The replacement of existing 220 kV transmission line to evacuate Tarbela Ext-4 (1410MW) power is currently under progress and shall be completed well before completion of the power plant extension project.
The NTDC has substantially reinforced its network with 2000 MVA transformation capacity through additions of power transformers in newly constructed 220 kV Chishtian and 220 kV Gujrat substations along with augmentation of three 250 MVA transformers each at 500 kV Shiekh Muhammadi, 220 kV Burhan and 220 kV Ludewala substations. All these additions and expansions have greatly contributed to alleviate the existing transmission system constraints and provided adequate room for serving additional demand on the system.
http://nation.com.pk/business/14-Jun...-national-grid
LAHORE - The National Transmission and Despatch Company Ltd (NTDC) has connected the Patrind hydropower plant to Muzaffarabad-II grid station through 132 kV double circuit transmission line, in Azad Jamu Kashmir.
One unit of the plant has started power generation on Tuesday and was connected with national grid, whereas with the completion of testing process, power generation will be increased to its optimal level. The 147MW Patrind hydropower plant will benefit the areas of Hazara and AJK. A separate transmission line will also be connected with 220 kV Mansehra grid station, which will improve the voltage level and help in reducing the loadshedding in AJK and Hazara Division.
The NTDC spokesman said that the government is committed to eradicate loadshedding from the country and the NTDC has already provided transmission interconnection facilities to many power generation projects with their total installed capacity of 6,164MW. These projects include Bhikki 1200MW, Haveli Bahadur Shah 1200MW, Balloki 1200MW, Sahiwal 1320MW, Chashma C3 and C4 680MW, Quaid-e-Azam 400MW (For the remaining 600 MW, a 220 kV transmission line and associated substation is already complete) and Renolia 17MW.
During the current financial year, several 500 kV and 220 kV transmission line projects are at their advanced stages of construction. For instance, out of the total 1123 km of 500 kV transmission lines of various projects, construction progress varies between from 60-90 percent. These lines include Neelum–Jhelum to Domeli, 3rd Circuit Jamshoro-Moro-Dadu-Rahim Yar Khan, Balloki to New Lahore, Haveli Bahadur Shah of 2nd interconnection and Port Qasim to the connection point at NKI to Jamshoro line. Transmission line to interconnect Neelum Jhelum Hydro power project is 90 percent complete and it will be energised well before the CoD of the power house.
Similarly, out of the total 614km of 220 kV transmission lines of multiple projects, construction progress ranges from 62-98 percent. These projects include Lal Suhanra, Jhimpir-TM Khan, Uch-Sibbi and Gharo-Jhimpir. The replacement of existing 220 kV transmission line to evacuate Tarbela Ext-4 (1410MW) power is currently under progress and shall be completed well before completion of the power plant extension project.
The NTDC has substantially reinforced its network with 2000 MVA transformation capacity through additions of power transformers in newly constructed 220 kV Chishtian and 220 kV Gujrat substations along with augmentation of three 250 MVA transformers each at 500 kV Shiekh Muhammadi, 220 kV Burhan and 220 kV Ludewala substations. All these additions and expansions have greatly contributed to alleviate the existing transmission system constraints and provided adequate room for serving additional demand on the system.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Suki Kinnari Hydropower project in KP
In Khyber Pakhtunkhwa, work on the construction of Suki Kinari hydropower project has been started.
According to official sources, the project is being constructed under China Pakistan Economic Corridor (CPEC) at a cost of over one point and eight billion dollars. It will be completed by 2022.
On completion, the power station will generate eight hundred and seventy Megawatts electricity.
In Khyber Pakhtunkhwa, work on the construction of Suki Kinari hydropower project has been started.
According to official sources, the project is being constructed under China Pakistan Economic Corridor (CPEC) at a cost of over one point and eight billion dollars. It will be completed by 2022.
On completion, the power station will generate eight hundred and seventy Megawatts electricity.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Thar coal projects to begin operations by June 2019
The first phase of Thar coal-fired power projects is likely to begin commercial operations by June 2019, about four months ahead of its deadline.
This was stated in a briefing to the media visiting the site to witness progress.
Speaking at the briefing, Sindh Engro Coal Mining Company (SECMC) Media and Communications Manager Mohsin Babar, and Planning and Contracts Manager Muhammad Idrees said that the commercial production of the project would begin by June 2019 instead of October 2019.
While spelling out the detail of the progress that has so far been achieved, Idrees said the financial close of the project was achieved on April 4, 2016 and since then 14.2% of the total work had been completed. He said that work on the power plant and coal mining was going on simultaneously.
Idrees said that this is the first coal-fired power project in Thar, and it is one of the leading energy projects of the China-Pakistan Economic Corridor (CPEC).
He informed that under the second phase, two more power plants (330MW each) would be completed by December2019, as the SECMC has committed to off-take coal for phase II (7.6million ton per acre) to Thal Limited and Hubco for setting up plants at block II.
The SECMC also planned to add additional capacity of 11.4 million tonne per acre coal beyond phase II by December 2021. “Five more coal-fired power plants would be set up in block II of Thar by December 2021, expanding the total production capacity of Thar coal-based electricity to around 3,000MW.”
The cost of coal mining project was $845 million, which would be on the basis of 75:25 debt to equity ratio and would consist of 31.5% foreign, and 68.5% local debt, Idrees added.
Following completion of power plants, the consumers would be able to have access to cheap electricity as Engro’s generation would be linked to the national grid at the rate of Rs6 to Rs7 per unit.
The first phase of Thar coal-fired power projects is likely to begin commercial operations by June 2019, about four months ahead of its deadline.
This was stated in a briefing to the media visiting the site to witness progress.
Speaking at the briefing, Sindh Engro Coal Mining Company (SECMC) Media and Communications Manager Mohsin Babar, and Planning and Contracts Manager Muhammad Idrees said that the commercial production of the project would begin by June 2019 instead of October 2019.
While spelling out the detail of the progress that has so far been achieved, Idrees said the financial close of the project was achieved on April 4, 2016 and since then 14.2% of the total work had been completed. He said that work on the power plant and coal mining was going on simultaneously.
Idrees said that this is the first coal-fired power project in Thar, and it is one of the leading energy projects of the China-Pakistan Economic Corridor (CPEC).
He informed that under the second phase, two more power plants (330MW each) would be completed by December2019, as the SECMC has committed to off-take coal for phase II (7.6million ton per acre) to Thal Limited and Hubco for setting up plants at block II.
The SECMC also planned to add additional capacity of 11.4 million tonne per acre coal beyond phase II by December 2021. “Five more coal-fired power plants would be set up in block II of Thar by December 2021, expanding the total production capacity of Thar coal-based electricity to around 3,000MW.”
The cost of coal mining project was $845 million, which would be on the basis of 75:25 debt to equity ratio and would consist of 31.5% foreign, and 68.5% local debt, Idrees added.
Following completion of power plants, the consumers would be able to have access to cheap electricity as Engro’s generation would be linked to the national grid at the rate of Rs6 to Rs7 per unit.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
660MW project to be completed ahead of time: SECMC
HYDERABAD - The Sindh Engro Coal Mining Company (SECMC) has expressed hope that its 660 Megawatts coal power project in Tharparkar will be completed ahead of the scheduled time.
HYDERABAD - The Sindh Engro Coal Mining Company (SECMC) has expressed hope that its 660 Megawatts coal power project in Tharparkar will be completed ahead of the scheduled time.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Neelum-Jhelum project: First unit to start power production by Feb 2018
The Neelum-Jhelum hydroelectric power project comprises four generating units with a cumulative capacity of 969 megawatts.
LAHORE: The strategically important Neelum-Jhelum hydroelectric power project is fast heading towards completion and is scheduled to start electricity generation with the commissioning of the first production unit by February 2018.
The project’s board of management briefed Water and Power Development Authority (Wapda) Chairman Lieutenant General (Retired) Muzammil Hussain about the progress during a meeting. Board Chairman Peter Mason and its members attended the meeting, says a statement issued on Friday.
Speaking on the occasion, the Wapda chairman expressed satisfaction over the progress on the hydroelectric power project, adding despite the delay of years and cost overrun, the project would finally see the light of the day because of extraordinary commitment and professional excellence on the part of Wapda and project team members.
He directed the project management that the pace of work should continue with the same zeal in order to complete the project in accordance with the timeline.
Earlier, the meeting was briefed that the filling of water in the project reservoir would start in October, the waterway system under which tunnels would divert water from the dam to the power house would be completed by the end of December, pressurising of the waterway system would start in January 2018 while wet testing and commissioning of power generating units would commence in February 2018.
The Neelum-Jhelum hydroelectric power project comprises four generating units with a cumulative capacity of 969 megawatts.
The first unit will start electricity generation by February 2018, the second unit in mid-March 2018 whereas the third and fourth units will be completed in April 2018.
On its completion, the project will contribute about five billion units of electricity to the national grid every year. Annual revenue from the project is estimated at Rs45 billion.
The Neelum-Jhelum hydroelectric power project comprises four generating units with a cumulative capacity of 969 megawatts.
LAHORE: The strategically important Neelum-Jhelum hydroelectric power project is fast heading towards completion and is scheduled to start electricity generation with the commissioning of the first production unit by February 2018.
The project’s board of management briefed Water and Power Development Authority (Wapda) Chairman Lieutenant General (Retired) Muzammil Hussain about the progress during a meeting. Board Chairman Peter Mason and its members attended the meeting, says a statement issued on Friday.
Speaking on the occasion, the Wapda chairman expressed satisfaction over the progress on the hydroelectric power project, adding despite the delay of years and cost overrun, the project would finally see the light of the day because of extraordinary commitment and professional excellence on the part of Wapda and project team members.
He directed the project management that the pace of work should continue with the same zeal in order to complete the project in accordance with the timeline.
Earlier, the meeting was briefed that the filling of water in the project reservoir would start in October, the waterway system under which tunnels would divert water from the dam to the power house would be completed by the end of December, pressurising of the waterway system would start in January 2018 while wet testing and commissioning of power generating units would commence in February 2018.
The Neelum-Jhelum hydroelectric power project comprises four generating units with a cumulative capacity of 969 megawatts.
The first unit will start electricity generation by February 2018, the second unit in mid-March 2018 whereas the third and fourth units will be completed in April 2018.
On its completion, the project will contribute about five billion units of electricity to the national grid every year. Annual revenue from the project is estimated at Rs45 billion.
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Pakistan’s largest refinery to resume production this week
KARACHI: Pakistan’s largest oil refinery, which had caught fire two years ago shortly after inauguration and had been staying closed since then, is set to resume production later this week.
Byco Petroleum Limited, in a notification to the Pakistan Stock Exchange (PSX), said on Monday “the company will resume production at its 120,000-barrel-per-day refinery.” The refinery would start and supply products to the market by August 5, it said.
Byco is a listed company at the PSX. The announcement during an intra-day bull-run helped its share price rise around 3% to Rs20.73 with trading in 8.26 million shares.
The refinery, located at Hub, Balochistan, had caught fire just three months after its inauguration in 2015. Crude oil heater was said to be the cause of the fire.
Byco Secretary Majid Muqtadir said in the notification “new crude charge heater/ furnace…is much better in efficiency and equipped with modern safety and security controls.”
“Pre-commissioning and commissioning activities of the plant are in progress and utilities and offsite facilities have already been commissioned,” he said.
The refinery has been reconstructed at an estimated cost of around Rs2 billion, it was learnt. It will produce diesel, furnace oil, motor gasoline, jet fuel JP-1, kerosene oil and light diesel oil.
The addition would take oil production by the company to 155,000 barrels per day.
“The new refinery is an expansion of the existing facility of 35,000 barrels per day,” Byco Petroleum Vice President Commercial Asad Azhar Siddiqui told The Express Tribune.
“Byco would be meeting 40% of the total petroleum product demand that stands at 26 million tons per annum in Pakistan,” he said.
Siddiqui said his company had been supplying petroleum products to almost all the oil marketing companies, including state-owed Pakistan State Oil and private-run Shell Pakistan and Hascol.
The integrated company also operates an oil marketing company (OMC) with over 260 retail outlets across the country. At present, the OMC stands at the sixth or seventh position in the country.
“With the help of the largest refinery’s production, we may also become the fifth largest oil marketing company in the next 5-6 months,” he said.
The firm imports crude oil through the Single Point Mooring (SPM) facility, a floating jetty connected with storage tanks with a 15km-long pipeline, which allows ships to take and offload oil without coming to the shore.
The facility may help the company to win the market smoothly as ports are getting congested with increased demand, especially for oil due to low prices and smart recovery of the national economy.
Pakistan meets 75% of its oil needs through imports of crude and refined products.
KARACHI: Pakistan’s largest oil refinery, which had caught fire two years ago shortly after inauguration and had been staying closed since then, is set to resume production later this week.
Byco Petroleum Limited, in a notification to the Pakistan Stock Exchange (PSX), said on Monday “the company will resume production at its 120,000-barrel-per-day refinery.” The refinery would start and supply products to the market by August 5, it said.
Byco is a listed company at the PSX. The announcement during an intra-day bull-run helped its share price rise around 3% to Rs20.73 with trading in 8.26 million shares.
The refinery, located at Hub, Balochistan, had caught fire just three months after its inauguration in 2015. Crude oil heater was said to be the cause of the fire.
Byco Secretary Majid Muqtadir said in the notification “new crude charge heater/ furnace…is much better in efficiency and equipped with modern safety and security controls.”
“Pre-commissioning and commissioning activities of the plant are in progress and utilities and offsite facilities have already been commissioned,” he said.
The refinery has been reconstructed at an estimated cost of around Rs2 billion, it was learnt. It will produce diesel, furnace oil, motor gasoline, jet fuel JP-1, kerosene oil and light diesel oil.
The addition would take oil production by the company to 155,000 barrels per day.
“The new refinery is an expansion of the existing facility of 35,000 barrels per day,” Byco Petroleum Vice President Commercial Asad Azhar Siddiqui told The Express Tribune.
“Byco would be meeting 40% of the total petroleum product demand that stands at 26 million tons per annum in Pakistan,” he said.
Siddiqui said his company had been supplying petroleum products to almost all the oil marketing companies, including state-owed Pakistan State Oil and private-run Shell Pakistan and Hascol.
The integrated company also operates an oil marketing company (OMC) with over 260 retail outlets across the country. At present, the OMC stands at the sixth or seventh position in the country.
“With the help of the largest refinery’s production, we may also become the fifth largest oil marketing company in the next 5-6 months,” he said.
The firm imports crude oil through the Single Point Mooring (SPM) facility, a floating jetty connected with storage tanks with a 15km-long pipeline, which allows ships to take and offload oil without coming to the shore.
The facility may help the company to win the market smoothly as ports are getting congested with increased demand, especially for oil due to low prices and smart recovery of the national economy.
Pakistan meets 75% of its oil needs through imports of crude and refined products.
Introvert
FULL MEMBER
- Joined
- Dec 28, 2006
- Messages
- 1,056
- Reaction score
- 3
Chinese firm offers bid for CASA transmission line contract
ISLAMABAD: Pakistan has received a single bid from Chinese company Tebian Electric Apparatus (TBEA) that is interested in laying a power transmission line as part of the Central Asia-South Asia (Casa) 1,000 electricity supply project, say officials.
TBEA manufactures power transformers and other electrical equipment as well as develops transmission projects.
The transmission line is estimated to be spread over 750 km, 16% of which will pass through Tajikistan, 75% through Afghanistan and 9% through Pakistan.
According to officials, the bid was opened on May 11 and it was going through a technical evaluation process.
https://tribune.com.pk/story/1472575/chinese-firm-offers-bid-casa-transmission-line-contract/
TBEA manufactures power transformers and other electrical equipment as well as develops transmission projects.
The transmission line is estimated to be spread over 750 km, 16% of which will pass through Tajikistan, 75% through Afghanistan and 9% through Pakistan.
According to officials, the bid was opened on May 11 and it was going through a technical evaluation process.
https://tribune.com.pk/story/1472575/chinese-firm-offers-bid-casa-transmission-line-contract/
ghazi52
PDF THINK TANK: ANALYST
- Joined
- Mar 21, 2007
- Messages
- 102,921
- Reaction score
- 106
- Country
- Location
Another LNG terminal at Port Qasim in the pipeline
http://dailytimes.com.pk/business/05...n-the-pipeline
ISLAMABAD: Engro Elengy Terminal Limited (EETL) in collaboration with Shell and Fatima Group plans to construct another terminal at Port Qasim with a capacity to re-gasify up to 600 mmscfd.
This was announced at a briefing at the terminal by the CEO of EETL Jahangir Piracha. He was briefing the journalists on celebration of an upcoming milestone of the existing terminal, which is set to receive its 100th LNG tanker. This was an unthinkable scenario just a few years ago as despite the LNG policy being enacted in 2006 there had been no practical move to develop the LNG ecosystem.
This changed with the launch of the 100% self-financed Engro Elengy Terminal in 2015. Following successful operation of over two-and-half years, Pakistan's first and the only LNG import infrastructure has been a virtual natural gas lifeline for the country. With capacity to inject 600 mmscfd Re-gasified Liquefied Natural Gas (RLNG) in the system, Engro terminal emerges as the biggest gas source in Pakistan. The terminal has already handled 6.1 Million Tons of LNG since commissioning through 100 shipments, thereby bridging national natural gas deficit by 20-25 percent in the process.
The efficient operation of the terminal is key to accelerating national energy independence and economic revival. The terminal is providing round-the-clock supply of natural gas at a utilization rate of 100 percent for the Floating Storage and Regasification Unit (FSRU). This achievement makes it the only FSRU in the world that is operating at such high re-gas rates. With supply of RLNG, Pakistan is saving about USD 1.7 Billion Dollars each year due to fuel arbitrage savings between Diesel and LNG alone. Additionally, Engro is one of just fifteen companies in the world, which is operating such an advanced terminal Storage and regasification technology that enables such efficiencies.
The guaranteeing of gas has had profound economic impact nationally. Over 2,200MW power generation capacity has been brought online or switched from more expensive liquid fuels. RLNG also energized close to a dozen projects, generating billions of dollar economic activity in the country. More than 750 CNG stations started operating in Punjab for the first time with RLNG supplies, the first steps to an estimated $4.5 Billion industry. Revival of fertilizer industry is also made possible with substantial increase in production. This contributed significant savings to national exchequer and had direct contribution to GDP. The running of fertilizer plant at full capacity provides relief to farmers in terms of cheap and easily available urea fertilizer. It also brightens prospects of export of urea fertilizer in order to earn precious foreign exchange. Historically unavailability of gas to fertilizer plants has resulted in outflow of valuable foreign exchange as imports increase to meet demand.
http://dailytimes.com.pk/business/05...n-the-pipeline
ISLAMABAD: Engro Elengy Terminal Limited (EETL) in collaboration with Shell and Fatima Group plans to construct another terminal at Port Qasim with a capacity to re-gasify up to 600 mmscfd.
This was announced at a briefing at the terminal by the CEO of EETL Jahangir Piracha. He was briefing the journalists on celebration of an upcoming milestone of the existing terminal, which is set to receive its 100th LNG tanker. This was an unthinkable scenario just a few years ago as despite the LNG policy being enacted in 2006 there had been no practical move to develop the LNG ecosystem.
This changed with the launch of the 100% self-financed Engro Elengy Terminal in 2015. Following successful operation of over two-and-half years, Pakistan's first and the only LNG import infrastructure has been a virtual natural gas lifeline for the country. With capacity to inject 600 mmscfd Re-gasified Liquefied Natural Gas (RLNG) in the system, Engro terminal emerges as the biggest gas source in Pakistan. The terminal has already handled 6.1 Million Tons of LNG since commissioning through 100 shipments, thereby bridging national natural gas deficit by 20-25 percent in the process.
The efficient operation of the terminal is key to accelerating national energy independence and economic revival. The terminal is providing round-the-clock supply of natural gas at a utilization rate of 100 percent for the Floating Storage and Regasification Unit (FSRU). This achievement makes it the only FSRU in the world that is operating at such high re-gas rates. With supply of RLNG, Pakistan is saving about USD 1.7 Billion Dollars each year due to fuel arbitrage savings between Diesel and LNG alone. Additionally, Engro is one of just fifteen companies in the world, which is operating such an advanced terminal Storage and regasification technology that enables such efficiencies.
The guaranteeing of gas has had profound economic impact nationally. Over 2,200MW power generation capacity has been brought online or switched from more expensive liquid fuels. RLNG also energized close to a dozen projects, generating billions of dollar economic activity in the country. More than 750 CNG stations started operating in Punjab for the first time with RLNG supplies, the first steps to an estimated $4.5 Billion industry. Revival of fertilizer industry is also made possible with substantial increase in production. This contributed significant savings to national exchequer and had direct contribution to GDP. The running of fertilizer plant at full capacity provides relief to farmers in terms of cheap and easily available urea fertilizer. It also brightens prospects of export of urea fertilizer in order to earn precious foreign exchange. Historically unavailability of gas to fertilizer plants has resulted in outflow of valuable foreign exchange as imports increase to meet demand.
Similar threads
- Article
Latest posts
-
-
-
Bajwa calls Bushra's allegations against Saudi Arabia 'baseless'
- Latest: Novus ordu seclorum
-
Pakistan Affairs Latest Posts
-
Bajwa calls Bushra's allegations against Saudi Arabia 'baseless'
- Latest: Novus ordu seclorum
-
-
-
-
