13th August, 2015 - SECMC says financial close to be achieved in two months

Sindh Engro Coal Mining Company (SECMC) has announced that financial close of mining and power projects would be achieved within two months. CEO SECMC Shamsuddin Shaikh said that entire financing for Thar coal mining and power project was available from China and local banks, adding that first coal-fired project of 660 MW will be available in 2018 followed by another project of an identical capacity in 2019.