Oracle Power welcomes Pakistan's commitment to cleaner energy
"Coal to liquids and coal to gas technologies have become major technical and commercial drivers for the company's 1.4 bn tonne Thar Block VI Project."
Company
Oracle Power PLC
LON:ORCP
Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The company is focussed on delivering reliable power in high growth markets and unlocking the value of highly accretive natural resource assets in prospective regions.
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Oracle Power’s Thar project could double in size, with the potential addition of a gas-to-urea capability
Oracle Power's partner China Coal has significant expertise in coal-to-liquids
Oracle Power and partner agree not to pursue iron ore development opportunity in Guinea
The Office of His Highness Sheikh Ahmed Dalmook Al Maktoum owns an exploration licence in the Republic of Guinea but has agreed with Oracle not to develop it at this time
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Oracle Power kicks off Australian gold exploration
It comes only weeks after the company acquired the highly prospective gold project
Oracle Power acquires Australian gold projects
Oracle is also developing a major power project in Pakistan
Oracle Power CEO says Thar project remains a key part of Pakistan's future
The project has been enlarged to a coal to gas for urea plant, and coal to liquid facilities
Oracle Power optimistic over progress on Thar Block VI Project
The group said its board continues to assess other opportunities in the natural resources and power sectors and has a couple of irons in the fire
The convening of top-level government and business delegations to discuss the future of Thar bodes well for Oracle Power
The Thar project should deliver a significant boost to the Pakistani economy
Oracle Power and partners to meet with Pakistan power authority over Thar project
The purpose of the meeting is for the consortium formally to present the Thar Block VI project implementation plan,
Oracle Power consortium invited to meet Pakistan's Private Power and Infrastructure Board
The company said the meeting, scheduled for early September, forms part of the final stages of its application to secure a letter of intent for its Thar Block VI project
Oracle Power teams up with largest shareholder to explore new ventures in Africa
A new partnership with Sheikh Ahmed Dalmook Al Maktoum's HH Private Office will potentially start with an iron ore project in Guinea
Oracle Power PLC shareholder Q&A - Friday July 17
The company issued a Q&A statement following its AGM.
Oracle Power signs-up for £46.5mln of potential funding
"We believe that the execution of a funding facility with the Investors arranged by Riverfort on such a scale should prove to be a crucial element in unlocking the potential for Oracle's long term growth,” said chief executive Naheed Memon
Oracle Power posts final results, as progress at Thar continues
The company has entered into a consortium agreement to develop a lignite mine and a 1.3MW mine-mouth power station
Oracle Power making progress on Thar paperwork
Oracle has paid an evaluation fee in respect of a provisional agreement with the government of Pakistan
Oracle Power’s Thar project will benefit significantly as an important component of the China-Pakistan Economic Corridor
Oracle is at the centre of a major economic push in Pakistan
Oracle Power continues project planning despite coronavirus pandemic
The group said the Pakistani government is expected to approve a letter of intent for the Thar project in the current quarter
Oracle Power highlights “very constructive phase” for Thar project
It is prudent to expect possible delays because of the coronavirus pandemic, but, the company is confident they won't be significant to project timelines
Oracle Power receives “strong support” for Thar project in Pakistan
“The level of support now witnessed from these official channels is noteworthy and a testament to the quality of our work on the ground," said Oracle chief executive Naheed Memon.