Faisalabad Sitara Chemical power plant

From Global Energy Monitor

Faisalabad Sitara Chemical power plant is a 40-megawatt (MW) coal-fired power station in Punjab province, Pakistan.

Location

The satellite photo below shows the location of the project northeast of Faisalabad.

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Background

The 40 MW coal plant at Sitara Chemical Industries was inaugurated by Prime Minister Nawaz Sharif in September 2016. The project will supply the chemical facility with excess power provided to the grid.[1]

Funding

In June 2014, a financing agreement for the project was closed. US$12,478,000 in loans was provided by MCB Bank, United Bank Limited, Meezan Bank Limited. Meezan Bank Limited acted as financial adviser.[2]

Project Details

  • Sponsor: Sitara Chemical
  • Parent company:
  • Location: Faisalabad, Punjab province, Pakistan
  • Coordinates: 31.5229235, 73.3882226 (exact)
  • Status: Operating
  • Capacity: 40 MW (Units 1 & 2: 55 MW)
  • Type: circulating fluidized bed (CFB)
  • In service: 2016
  • Coal Type:
  • Coal Source:
  • Source of financing: US$12,478,000 in debt from MCB Bank, United Bank Limited, Meezan Bank Limited[2]

Articles and resources

References

  1. "PM inaugurates 40 MW coal-fired power plant in Faisalabad," DunyaNews.tv, September 3, 2016
  2. 2.0 2.1 "Sitara Chemicals to set up 35MW power plant at Faisalabad – Business Recorder". Retrieved 2020-12-11.

Related GEM.wiki articles

External resources