Pakistan: Attock Cement signs agreement for coal-fired plant

Attock Cement Ltd and K-Electric have agreed to establish a 40MW coal-fired plant, enough to power the  cement producer’s Pakistan-based plant while surplus electricity will be sold back to the grid.

“Attock Cement has signed Memorandum of Understanding (MoU) with K-Electric for the installation of 40MW coal fired plant at its factory in Hub, Balochistan for its own utilisation and sell surplus power to K-Electric at a mutually agreed term and condition,” the cement manufacturer said in a bourse filing.

Attock Cement has already been engaged in discussing various aspects of its planned coal-fired project with suppliers of plant and machinery.