22/02/2013
Taking an initiative for low cost power generation, Burj Power Corp (Burj) is developing the first phase of a 500 MW (4x125) power plant to be located at Port Qasim, Karachi. The agreement was signed in a ceremony at the Marriot Hotel, Karachi. Chairman, Port Qasim Authority, Vice Admiral Muhammad Shafi, was the chief guest at the occasion.
Burj Power is a UAE-based power project development and advisory firm developing projects in key markets of Middle East, Asia, and Africa. It is also developing three wind power projects in Pakistan. The company is part of the Burj Capital group, which is also involved in investment banking, retail, agriculture, and oil and gas sectors.
The agreement included the formal engagement of Harbin Electric International Co Ltd (Harbin) by Burj as the technical partner in the development of the project. Harbin is one of the biggest power engineering, manufacturing and construction groups in China and has a proven track record of EPC and related supplies/ manufacturing for thermal and renewable power plants internationally. Harbin has an established base of over 30,000 MWs of thermal power plants and was also the EPC contractor of recently completed Bin Qasim CCPP that is producing 560 MWs for KESC.-PR