JV Project between GOS-Engro Group Block II

BLOCK-II: Sindh Engro Coal Mining Company

  • Sindh Engro Coal Mining Company (SECMC), a Joint Venture between Govt. of Sindh & Engro Corp. of Pakistan. (JV: 54% GoS; 46% Engro+ affiliates) has acquired Mining Lease in Block-II of Thar Coalfield in 2011. Bankable Feasibility Study (BFS) for 6.5 Mt/a Mining Project was completed in 2010.
  • SECMC developed a revised execution strategy adopting phased approach for development of 7.6 Mt/a Mine where –
  • Phase I – 3.8 Mt/a mine capacity (COD by June, 2019)
  • Phase II – 7.6 Mt/a mine capacity (COD by December, 2019)
  • Phase-1 Projects of 3.8Mtpa mine and 2 x 330MW Power Projects has achieved financial close in April, 2016.
  • On June 10, 2018 SECMC unearthed the first layer of indigenous coal from its open-pit coal mine at a depth of 140 meters below the surface and First unit sync with Grid  on 18th March’2019
  • Coal Supply Agreement with Engro Power Thar Ltd. signed.
  • Funding for mine expansion to 7.6 mtpa and next 660 MW IPPs have been arranged under CPEC
  • The Project is covered with a Sovereign Guarantee of USD 700 Million provided by Govt. of Pakistan
  • Financial Close & Contract Stages Coal Tariff Approved by TCEB for 3.8Mtpa and 7.6 Mtpa mine respectively
  • 50 bn Agreements for Local Financing signed
  • Mining & Power EIA issued
  • Resettlement Action Plan has been approved
  • SECMC is contemplating to expand mine to 19Mtpa by 2022