Chinese coal operator threatens Thar extraction

Thar-extraction

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…

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LC Issue Strikes Thar Mining

thar-project

SECMC owes $60 million in payments to CMEC, a vendor of SECMC for coal mining in Thar Block II. SECMC has been unable to clear the dues since May 2022 due to LC restrictions. Even a letter from Sindh’s Power Minister Imtiaz Sheikh has failed to wake the policymakers on this critical matter, sources familiar with the matter revealed. Sources…

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Transmission Constraints Leave Thar Plants Underutilised

power-plants

Despite the full-page promotions to check the progressive authorizing of 2,400-megawatt coal power plants in Thar, the state-supported sole power purchaser can’t despatch more than 75% of the total limit. Just 1,800MW of the 2,400MW Thar power plants can be emptied at some random time inferable from transmission requirements. Postpones in the development of the subsequent transmission line among Thar…

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