Coal Archives - Page 4 of 5

Coal pricing mechanism: power plants, coal suppliers question Nepra’s proposed revision

September 22, 2023September 22, 2023 Admin

ISLAMABAD: Coal power plants and coal suppliers on Thursday raised questions on NEPRA’s proposed revision in coal pricing mechanism without taking them on board, making irrational deductions, and the exchange rate that is hitting them as their invoices are not being cleared by the concerned agency. The NEPRA Authority, comprising Chairman Waseem Mukhtar, Member (Tariff and Finance), Mathar Niaz Rana, (Balochistan) Member (Technical), Rafique Ahmad Shaikh, (Sindh) Member, Khyber Pakhtunkhwa, Maqsood Anwar Khan and Member (Law) Amin Ahmad(Punjab) officiated public hearing which was attended by the representatives of coal-fired plants,…

Chinese coal operator threatens Thar extraction

August 31, 2023August 31, 2023 Admin

KARACHI: China Machinery Engineering Corporation (CMEC), the operator of a Chinese coal mine in Thar block-II, has issued a warning that it will cease coal extraction activities unless its outstanding receivable of $50 million is settled by September 10, 2023. CMEC conveyed its concerns to Sindh Engro Coal Mining Company (SECMC) in a letter, revealing that it has not received any payments in August, and its overdue receivables reached $50 million at the end of July 2023. The timing of this payment ultimatum coincides with Thar coal emerging as a…

Groundwater Contamination By Coal Fired Power Plants Quite High In Thar

May 22, 2023May 22, 2023 Admin

Residents of Thar have expressed their concern over groundwater contamination being caused by coal-fired power plants in Thar is high. According to the statement of Peoples’ Tribunal on Thar local water table is going down due to dewatering of coal-mines while, on the other hand

Thar coal a promising solution to Pakistan’s energy woes

May 10, 2023May 10, 2023 Admin

Thar Coal Power project will help Pakistan generate energy at a much lower cost, and this would be a game-changer for the country’s overall development, said Shamsuddin Shaikh, former CEO of Sindh Engro Coal Mining Company, while talking to WealthPK.

Russia Has Enough Coal For 300 Years Confirms Energy Ministry

April 25, 2023April 25, 2023 Admin

Russia has enough coal reserves to last for centuries, deputy head of the country’s Energy Ministry, Sergey Mochalnikov, said on Friday during a board meeting of the Federal Subsoil Resources Management Agency.

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