SECMC Signs Agreement To Install 5 MW Solar Power Plant At Thar Coal
Mohammad Ali (@ChaudhryMAli88) Published February 21, 2018 | 07:02 PM
With an aim to limit Carbon emissions and, thereby, help protect the environment, Sindh Engro Coal Mining Company (SECMC) and Reon Energy Ltd entered an agreement to install 5 MW Solar Power plant at Thar Coal Block II on Wednesday.
ISLAMKOT (UrduPoint / Pakistan Point News - 21st Feb, 2018 ) :With an aim to limit Carbon emissions and, thereby, help protect the environment, Sindh Engro Coal Mining Company (SECMC) and Reon Energy Ltd entered an agreement to install 5 MW Solar Power plant at Thar Coal Block II on Wednesday.
This will be the largest solar energy project for captive utilization to date, in Pakistan, informed SECMC spokesman adding that the plant will provide considerable savings in energy-costs, along with an expected reduction of 3,150 Metric Tonnes in the annual carbon-emissions.
The SECMC will have the option to extend the contract during or after project completion, wherein Reon will operate it for the period of 15 years and then hand over the operations to SECMC. The agreement was signed by CEO of Reon Mujtaba Haider Khan and Chief Operating Officer (COO) of SECMC Syed Abul Fazl Rizvi.
The ceremony was attended by CEO of SECMC, Shamsuddin Shaikh and Director Site Operations, Syed Murtaza Azhar Rizvi. Speaking on the occasion, Syed Abul Fazl Rizvi said, the 5 MW solar energy system will contribute benefits equivalent to planting of about 220,000 trees and will be the largest private solar Power Purchase Agreement (PPA) in the country.
This is also the first-ever initiative by a mining company in Pakistan to install solar power plant for its mining operations, he added.
The CEO of Reon Energy Mujtaba Haider Khan said Pakistan enjoys a geo-strategic advantage for producing abundant amounts of solar energy.
Advancement in solar technology has not only improved solar's efficiency but has also led to a massive reduction in costs. This is a landmark project that'll significantly reduce the operating cost and carbon footprint, he added.
He said that it will provide dozens of skilled and unskilled jobs for the locals. "SECMC and Engro Energy are on a mission to transform the lives of ordinary Tharis and Reon Energy is proud to be partnering with them on that mission.
The spokesman informed that Reon Energy Limited part of the Dawood Hercules Co is the largest industrial solar solutions provider in Pakistan. Reon brings with it unparalleled partnership stories from local and international groups such as Unilever, Coca Cola, Abbott, and Servis, whereas, SECMC is working on Pakistan's first open-pit coal mine in the Thar Block II Islamkot, which is expected to start generating electricity through a mine-mouth powerplant constructed by the Engro Powergen Thar Limited (EPTL) at the end of the current year.
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