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Port Qasim Power Project

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Coordinates: 24°47′07″N 67°22′10″E / 24.7854°N 67.3695°E / 24.7854; 67.3695
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Port Qasim Power Project
Map
Location of the Port Qasim Power Project in Sindh province.
CountryPakistan
LocationPort Qasim, Sindh
Coordinates24°47′07″N 67°22′10″E / 24.7854°N 67.3695°E / 24.7854; 67.3695
StatusUnder Construction
Construction beganMay 2015
Construction cost$2.09 billion USD
OwnersPort Qasim Energy Holding and Sinohydro Resources Limited
Thermal power station
Primary fuelBituminous coal
Power generation
Nameplate capacity1,320 MW
[edit on Wikidata]

The 1,320 megawatt Pakistan Port Qasim Power Project comprises two 660 megawatt supercritical coal power plants which have been under construction since May 2015 as part of the China–Pakistan Economic Corridor.[1] The $2.09 billion project will be located on 204 acres at Port Qasim, 37 kilometers east of Karachi in Sindh Province.[2][3] The project is to be part of a group of 14 energy projects which fall under the fast-tracked "Early Harvest" program of the $46 billion China Pakistan Economic Corridor project.[4]

The plants will be built on a "Build-Own-Operate" basis,[5] and is to be constructed and operated by the Port Qasim Energy Holding,[6] a firm jointly financed by Qatar's Al-Mirqab Capital and China's Power Construction Corporation, a subsidiary of Sinohydro Resources Limited.

Project Details

The project will consist not only of the power plants themselves, but also will include the construction of a jetty for exclusive use of the power plant for coal importation.[7] When both 660 MW plants are complete, the estimated annual coal consumption for the plants will be 4.66 million tons,[8] and enough annual power for an estimated 3-4 million households will be generated.[9]

The plants will each consist of one boiler, steam turbine and generator, and will be fueled by sub-bituminous coal which will be offloaded at the project's coal jetty.[10] Electricity will be connected to the electric grid network K-Electric via a 500 kilovolt AC transmission line.[11] The plant's gross efficiency will be equal to or greater than 41%, while the net efficiency will be equal to or greater than 38%.[12]

Additionally, living quarters for up to 700 full-time workers will be constructed at the site, with additional temporary housing facilities for 11,000 construction workers divided into a unit for 2,000 Chinese construction workers, and another unit for 9,000 Pakistani construction workers,[13] with all construction materials for living quarters to be provided by Chinese manufacturers.[14]

Coal Source

Most of the coal used for the power plant will be imported from Indonesia, with South Africa and Australia identified as suitable supplemental suppliers.[15] Indonesia is identified as a primary source for its high quality coal, reliable production, and short transit times to Pakistan.[16]

Coal from Pakistan's own Thar coalfield was found to contain excessive amounts of sulfur and lime, and was not deemed to be of high enough quality for the project.[17] The supply of reliable coal from the fields was also considered to be inadequate.[18] A mixture of Pakistani indigenous coal with imported coal was also deemed to be unsuitable as it would decrease heat production from coal, and would compromise safety of the boilers which are to be used in the project.[19]

Construction and Operation

Construction is expected to take 42 months.[20] The plants will be built on a "Build-Own-Operate" basis,[21] and is to be operated by the Port Qasim Energy Holding,[22] a firm jointly financed by Qatar's Al-Mirqab Capital and China's Power Construction Corporation, a subsidiary of Sinohydro Resources Limited.

Financing and Tariff

Al-Mirqab Capital will own a 49% stake in the project, and while Power Construction Corporation, which will own a 51% stake in the project.[23] The individual companies will invest $521 million, while the Exim Bank of China will lend those companies the remaining $1.56 billion required for construction.[24] The Government of Pakistan will be contractually obliged to purchase electricity from the plants for thirty years at a cost of 8.12 cents per unit.[25]

References

  1. ^ "Port Qasim Coal Fired Power Project Holds Ground Breaking Ceremony". China Electricity Council. 6 May 2015. Retrieved 18 December 2015.
  2. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 161. Retrieved 17 December 2015.
  3. ^ Dan, Zhang (15 June 2015). "Pakistan power shortages; China comes to the rescue". CCTV. Retrieved 17 December 2015.
  4. ^ "Work on free trade zone at Gwadar continues". The Express Tribune. 19 November 2015. Retrieved 17 December 2015.
  5. ^ "China, Qatar to build $2.09b coal-fired power plant at Karachi". The Nation (Pakistan). 11 April 2015. Retrieved 17 December 2015.
  6. ^ "General Licence Application of Port Qasim" (PDF). NEPRA. Retrieved 17 December 2015.
  7. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 37. Retrieved 17 December 2015.
  8. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 152. Retrieved 17 December 2015.
  9. ^ Abrad, Mian (7 March 2016). "Port Qasim Coal-fired Power Project: CPEC's first project witnesses emphatic progress on ground". Pakistan Today. Retrieved 8 May 2016.
  10. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 37. Retrieved 17 December 2015.
  11. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 46. Retrieved 17 December 2015.
  12. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 43. Retrieved 17 December 2015.
  13. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 76. Retrieved 17 December 2015.
  14. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 76. Retrieved 17 December 2015.
  15. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 152. Retrieved 17 December 2015.
  16. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 152. Retrieved 17 December 2015.
  17. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 156. Retrieved 17 December 2015.
  18. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 156. Retrieved 17 December 2015.
  19. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 157. Retrieved 17 December 2015.
  20. ^ Zhong, Haixang (13 August 2014). "General Licence Application of Port Qasim" (PDF). NEPRA. NEPRA. p. 80. Retrieved 17 December 2015.
  21. ^ "China, Qatar to build $2.09b coal-fired power plant at Karachi". The Nation (Pakistan). 11 April 2015. Retrieved 17 December 2015.
  22. ^ "General Licence Application of Port Qasim" (PDF). NEPRA. Retrieved 17 December 2015.
  23. ^ Shih, Toh Han (9 April 2015). "Chinese firm in US$2.09 billion Pakistan power plant deal". South China Morning Post. Retrieved 17 December 2015.
  24. ^ "China, Qatar to build $2.09b coal-fired power plant at Karachi". The Nation (Pakistan). 11 April 2015. Retrieved 17 December 2015.
  25. ^ Kiani, Khaleeq (14 February 2015). "Nepra approves upfront tariff for Port Qasim plant". Dawn. Retrieved 17 December 2015.
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