Engro Energy Limited   has entered into definitive agreements with Liberty Power Holding  for the sale of its entire:  68.9% shareholding in Engro Powergen Qadirpur Limited, 50.1% shareholding in Engro Powergen Thar,  11.9% shareholding in Sindh Engro Coal Mining Company Limited .   the consortium acquiring  thermal assets  is made by  Liberty Mills Limited, Soorty Enterprises and Procon Engineering through Master Group of Industries.d to Rs66 billion versus Rs46 billion last year.     EPQL is an independent power plant (IPP) that operates a 217 MW permeate gas-based plant in Qadirpur, Ghotki.     The plant is a combined cycle plant, with 1+1+1 configuration including one gas turbine, one heat recovery system generator (HRSG), and one steam turbine.    Engro Powergen Thar Private Limited  was formed in 2014 to set up a 2x330MW power project in Thar Block II, Sindh, Pakistan.   The company is a joint venture between Engro Powergen Ltd , China Machinery Engineering Corporation , Habib Bank Ltd , and Liberty Mills Limited.      Meanwhile, Sindh Engro Coal Mining Company is Pakistan’s leading coal producer operating the country’s first open-pit lignite mine in Block II of Tharparkar area in Sindh province of Pakistan. With a current annual mining capacity of 7.6 million tons, it provides lignite quality coal to power producers in Pakistan. (ICE ISLAMABAD)

Fonte notizia: business recorder