Thar Coal Block-1 Power Plant Construction Project

Objective

Description

The Thar Block-1 project is a1320 MW supercritical indigenous coal-fired generation facility/thermal power plant at at the Thar Block-1 coalfield. The Thar Block-1 covers approximately 122 km2 in the southern part of the Thar coalfield area in the Thar Desert in the Sindh province of Pakistan, approximately 380km east of Karachi. The Thar coalfield area covers approximately 9,000 km2 and is bounded by the Pakistan-India border to the north, east, and south. The 1.3GW coal-fired power plant being developed as part of the integrated project is located approximately 5km away from the pithead of the Thar Block-1 coal mine. It is being implemented as an Independent Power Project — as part of the CPEC initiative — and financed according to a debt-to-equity ratio of 75:25.