The Siddiqsons Port Qasim Power Plant is 330MW coal fired power project. It is planned in Sindh, Pakistan. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in July 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 330 | – | 330 | Permitting | Sindh, Pakistan | Siddiqsons Energy |
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Description
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The project is being developed and currently owned by Siddiqsons Energy. The company has a stake of 100%.
It is a steam turbine power plant. The power plant can run on dual-fuel. The primary fuel being used to power the plant will be lignite. In case of shortage of lignite the plant will run on Light Diesel Oil. The fuel will be procured from Sindh Engro Coal Mining Company.
The project cost is expected to be around $410.19m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by July 2023.
Power Purchase Agreement
The power generated from the project will be sold to National Transmission & Despatch under a power purchase agreement for a period of 30 years. The offtake capacity is expected to be 330MW.
Contractors Involved
China Energy Engineering and Jiangsu Power Design Institute are expected to render EPC services for the coal fired power project.
About Siddiqsons Energy
Siddiqsons Energy Pvt Ltd (Siddiqsons Energy) is a power producer company which construct, own and operate the hydroelectric project. The company is located in Pakistan.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
