Genco Holding, Siemens-HEI JV sign EPC contract for first unit

ISLAMABAD: Genco Holding Company Limited and Siemens-HEI (Harbin Electric International) Joint Venture on Thursday signed EPC contract for first unit having capacity of 660MW (out of two units of 660MW each) and 5 years O&M contract of 1320MW Jamshoro Coal Fired Power Project.

EPC contract price for Lot-I (unit 1 of 660MW and balance of plant) is US 562 million dollars. The EPC contract price of Lot-II (unit 2 of 660MW and expansion of balance of plant) is US 313 million dollars which will be signed in next phase once financing arrangement is finalized, says a press release issued here.

Published in Business Recorder, 30th March, 2018