Karachi Electric Supply Company signs Rs4 billion deal with Slovakian Company for Efficiency Enhancement of Generation Plants

Karachi, November 13, 2012 (PPI-OT): Karachi Electric Supply Company has signed up two additional strategic contracts with international vendors, for its generation fleet. These service agreements are aimed at augmenting the generation capacity and enhancing the efficiency of KESC’s CCP Plant at Korangi. The agreement also ensures the provision of OEM maintenance spares for its plants in SITE and Korangi.

KESC has signed a contract for the efficiency and capacity improvement project, with the Slovakian based, Istroenergo Group (IEG), which is well known for providing worldwide professional, technical and scientific services in the field of power generation.

According to the details of this contract, KESC will be converting two open cycle gas turbines at its CCPP-II Korangi, into combined cycle operation. IEG is the same company which had earlier designed the Phase-I of engineering, procurement and construction work of this power plant and would now be executing the current, strategically important closing cycle project at a cost of PKR 4 Billion in a period of 18 months.

The project would add 27 megawatts of electricity generation capacity to the Combined Cycle Power Plant at Korangi; enhancing its total capacity from 220 MWs to 247 MWs and at the same time increasing the complex efficiency from 42 to 45 per cent.

Simultaneously, KESC has also signed a 5-year Maintenance Spares Supply Agreement (MSA) with OES General Electric Jenbacher for its GEJB gas engines plants at Korangi and SITE areas. KESC has made strategic investments to secure these agreements with the core objective to increase efficiencies and availability of its generation fleet.

For more information, contact:
Adil Murtaza
Assistant Manager, Media and PR
Karachi Electric Supply Company Limited (KESC)
2nd Floor, State Life Building No 11,
Abdullah Haroon Road, Saddar,
Tel: +9221 9920 7163
Cell: +92346 822 3641
Email: adil.murtaza@kesc.com.pk

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