Tag: Coal

Sharp Decline in Coal Imports from Afghanistan via Torkham Border

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Torkham-Border

KHYBER: The import of coal from Afghanistan through the Torkham border has significantly decreased following the Afghan Taliban’s decision to increase taxes on coal mines and export duties. This situation has been further exacerbated by Pakistani industrialists shifting to cheaper local coal sources. Custom clearing agents in Torkham revealed that the suspension of trade through the Kharlachi border crossing in the Kurram tribal district, due to security concerns, has compounded the difficulties faced by local coal importers. The additional duties and taxes imposed by the Afghan Taliban since their rise…

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Methane Gas Kills 11 in Balochistan Coal Mine Tragedy

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coal

QUETTA: Tragedy struck in the Sanjdi area, about 50 km from Quetta, as at least 11 individuals died from methane gas inhalation inside a coal mine on Monday. The victims included nine coal miners, a coal company manager, and a contractor. The incident occurred approximately 1,500 feet deep inside the mine when methane gas erupted and rapidly spread, rendering all the workers unconscious. Abdul Ghani Shahwani, Chief Inspector of Mines in Balochistan, reported that the workers, along with a contractor and manager, entered the mine at around 5 PM. After…

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Coal procurement process: Lucky Commodities lodges complaint with minister

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coal

ISLAMABAD: M/s Lucky Commodities is said to have lodged a complaint with caretaker Minister for Power and Petroleum, Muhammad Ali on coal procurement process for Sahiwal imported coal-fired power plant, In a letter to caretaker Minister, the company referred to a bidding document dated November, 2023, floated by Huaneng Shandong Ruyi (Pakistan) Energy (Private) Limited for procurement of coal for its coal-fired power plant in Sahiwal, with a bid deadline set for November 29, 2023. The company argued that it seems this tender may be inclined to favor a single…

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GCIL to set up coal power plant

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thar-coal-power

KARACHI: Ghani Chemical Industries Limited (GCIL), a manufacturer of medical and industrial gases and chemicals, said on Monday it will set up a $5-5.5 million coal power plant to reduce its electricity costs and gain a competitive edge. The company in a filing to the Pakistan Stock Exchange (PSX) said that it has decided to set up a 7 megawatt (MW) coal power plant based on a mix of local and imported coal at Port Qasim or any other nearby suitable location. The plant is expected to save 45 percent…

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Plants accused of overcharging for low-quality coal

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coal

ISLAMABAD: Shocking revelations emerged during a public hearing on coal pricing mechanisms, indicating that coal power plants in Pakistan are manipulating coal prices by importing lower-quality coal for their operations. In a significant disclosure, it was revealed that the Sahiwal coal power plant had procured coal at a time when coal prices were high and maintained an inventory that was ultimately unused due to merit order. What raised concerns among the authorities was that these power plants were not claiming capacity payments, which should have been recovered from power consumers.…

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