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Engro successfully injects 330MW power into gird from Thar Coal Plants

11:38 PM | 19 Mar, 2019
Engro successfully injects 330MW power into gird from Thar Coal Plants
KARACHI - Engro Powergen Thar (Private) Limited (EPTL), realizing the nation's dream of producing electricity through Thar coal, has successfully tested and energized its first 330 MW coal-fired power unit in Thar Coalfield, and hooked it with the national gird.

This unit is a part of the combined 660MW power plant located in Thar coal field block-two in Islamkot. EPTL is the majority-owned company of Engro Energy Limited, said a press release here on Tuesday.

It was a defining moment when electricity from the first unit was successfully pumped into the national power supply system. On this occasion, senior officials of EPTL and from China Machinery Engineering Corporation - the Engro Pakistan Corporation's contractor of this project.

The injection of the electrons produced for the very first time from Thar coal - declared as the 7th largest coal reserve in the world with 175 billion tons of lignite coal - has redefined Pakistan's energy landscape. Also, it secured the country's energy future on an indigenous and native footing, which will eventually relinquish Pakistan's dependence on foreign fuel mix.

EPTL is one of the early harvest projects of the China-Pakistan Economic Corridor (CPEC). EPTL started construction of 660 MW power plants in Thar after the financial close of the project in April 2016. EPTL operates as a subsidiary of Engro Energy Limited along with other sponsors including Habib Bank Limited, Liberty and China Machinery Engineering Corporation.

The synchronization of the first unit of the power plant is a considerable achievement given that the project has been constructed in a record time of under 3 years as per schedule and projected costs, a feat in itself given the complexity of the project.

The EPTL power plant will utilize 3.8 MTPA of coal supplied by Sindh Engro Coal Mining Company. The dateline for commercial operation of both the projects - power plants and coal mining- is June 2019.

Together both the mining and power projects, managed by Engro Energy Limited, will help the country save foreign exchange up to dollars 1.6 billion per annum at average.

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency

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Pakistani rupee exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 26 April 2024 Forex Rates

Pakistani currency remains unchanged against US Dollar and other currencies on April 26, 2024 Friday in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro comes down to 294 for buying and 297 for selling while British Pound hovers at 342.5 for buying, and 346 for selling.

UAE Dirham AED was at 74.95 and Saudi Riyal's new rate was at 73.30.

Today’s currency exchange rates in Pakistan - 26 April 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.15 280.15
Euro EUR 294 297
UK Pound Sterling GBP 342.5 346
U.A.E Dirham AED 74.95 75.75
Saudi Riyal SAR 73.30 74
Australian Dollar AUD 178.5 180
Bahrain Dinar BHD 740.57 748.57
Canadian Dollar CAD 200.8 203
China Yuan CNY 38.45 38.85
Danish Krone DKK 39.93 40.33
Hong Kong Dollar HKD 35.55 35.9
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.86 1.94
Kuwaiti Dinar KWD 903.61 912.61
Malaysian Ringgit MYR 58.28 58.88
New Zealand Dollar NZD 164.22 166.22
Norwegians Krone NOK 25.46 25.76
Omani Riyal OMR 723.48 731.48
Qatari Riyal ‎QAR 76.52 77.22
Singapore Dollar SGD 204.5 206.5
Swedish Korona SEK 25.72 26.02
Swiss Franc CHF 305.43 307.93
Thai Bhat THB 7.51 7.66

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