logo-loader
viewOracle Power PLC

Oracle Coalfields CEO on compelling coal/power project in Pakistan

Shahrukh Khan, chief executive of Oracle Coalfields (LON:ORCP), gives Proactive an update on developing Pakistan's "largest private sector project in mining and power."

The country is now looking at alternative power solutions such as coal to alleviate the chronic shortfall in electricity generation and is supportive of Oracle’s mine-mouth power station project  in the Thar Coalfield in south-eastern Pakistan.

With consortium partner Shangdong Electric Power Corporation of China (SEPCO), Oracle aims to start developing the project in 2016 and anticipates the mine will be brought into production within two to three years.

Quick facts: Oracle Power PLC

Price: 0.295 GBX

AIM:ORCP
Market: AIM
Market Cap: £4.31 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Oracle Power PLC named herein, including the promotion by the Company of Oracle Power PLC in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Oracle Power hails funding MoU with two chinese state-owned enterprises

Shahrukh Khan, chief executive of Oracle Power PLC (LON:ORCP), discusses with Proactive their memorandum of understanding (MoU) with two China state-owned companies to advance their lignite coal mine and power station project in Pakistan. The UK energy developer said the MoU with Sichuan...

on 22/11/17

2 min read