Thar Coal Block-1 Power Generation Company (PVT) Ltd.

Thar Block-1 Integrated Coal Mine Power Project is a key energy project in the "one belt and one road" energy field and also a core energy cooperation project in the “China-Pakistan Economic Corridor". On April 20, 2015, Chinese & Pakistan leaders signed the cooperation framework agreement, including: 2X660MW coal-fired power plant project plus 7.8 million tons annual output coal mine project, which are all developed by Shanghai electric. The plan is to help Pakistan develop indigenous coal resources, vigorously develop coal power industry, reduce energy imports, alleviate the current situation of power shortage in Pakistan. It is part of the effort by the Government of Pakistan to achieve energy security and reduce the average cost of power generation by moving from oil/import coal to local coal. The project would energize the national grid and further help with savings on foreign exchange consumption of fuel. Thar Coal Block -1 Power Generation Company(PVT) Ltd.,(TCB-1) as a subsidiary of the Shanghai Electric in Pakistan, is the owner of 2×660MW Coal Fired Power Plant in Thar Coal Block-1. Thar Block-I Integrated Coal Mine Power Project is capable of powering 4 million households in Pakistan with 1320 megawatts of indigenous, affordable and reliable electricity after COD. Shanghai Electric is playing a vital role in the development of the Thar Coalfield power station project which will bring the local community and the economic benefits, and willing to help bring the country its first large-scale, local coal-based electricity project.