LPGCLLakhra Power Generation Company Ltd (Pakistan)
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According to LPGCL's estimate, a sum of $33.51 million or around Rs4.9 billion will be required for the rehabilitation of the plant, which has incurred losses of about Rs12 billion since its commissioning in 1996.
Sub-committee's member SenaAtor Agha Shahzaib Khan Durrani, Genco CEO Mohammad Imran, Senator Maula Bux Chandio, All Pakistan Wapda Hydro Electric WorAkers Union (CBA) president Abdul Latif Nizamani, Jamshoro Power Company limited (JPCL) CEO and LPGCL additional CEO Ghulam Qadir Memon, plant manager Ghulam Shabbir Jatoi, private coal suppliers and companies, and others were present.
Until 2017, LPGCL was purchasing the same coal at Rs4,062.
Earlier, while chairing the meeting the LPGCL's officials to brief the private companies interested in becoming a partner in the plant by informing them about the financial situation and taking them for a visit to the plant.
The LPGCL board of directors wrote a letter to the secretary ministry of energy narrating their financial woes and suggesting two viable business plans.
Ghulam Rasool Detho, general secretary of the union, said that the strength of the employees at LPGCL was 418 on July 20, 2017, besides 250 contractual staff.
According to LPGCL officials, the company is to enhance its present generation capacity from 30 to 60 MW by carrying out the rehabilitation work through essential major repairs of unit-2 only at a cost of Rs 34 million during the next four months.
In this regard an agreement was signed between M/s karkey and Lakhra Power Generation Company Limited (LPGCL).