Punjab Thermal Power (Private) Limited (PTPL) is a private limited company incorporated under the Companies Act, 2017. It is wholly owned by the Government of Punjab through Energy Department. The main objective of the Company is to establish and operate a 1263 MW thermal power plant based on RLNG at Haveli Bahadur Shah near Trimmu Barrage, District Jhang in Punjab.

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With a staunch commitment to eliminate the menace of load shedding from the country, the Government of Punjab under the able leadership of the Chief Minister Punjab has taken the initiative of establishing a 1180 Mega Watt Power Plant in Bhikki, District Sheikhupura. The project is being established under the Power Policy 2015 of the Government of Pakistan and is being conceived as one of the leading initiatives with most efficient machines and lowest project cost.The Project is proceeding on a very fast track to meet its compressed completion timelines. The Bhikki plant is scheduled to start simple cycle operations by providing 800 MW of electricity before summer 2017 while the operations on combined cycle mode will commence from winter 2017 which will enhance the production to 1180 MW.The Bhikki Project shall use RLNG as its primary fuel and shall employ the highest efficiency machines to keep the cost of electricity to the end consumer at its bare minimum. The project has negotiated an un-matchably low EPC cost as compared to other like-wise projects in the country. The EPC Contract of the project has been awarded to M/s Harbin Electrical International Company of the People's Republic of China at a total cost of US$ 539,260,000. The EPC Contractor shall install the most efficient H-series gas turbines at the plant manufactured and guaranteed by the General Electric of USA. At present, no other power plant in the country claims to have so high thermal efficiency and such a low EPC cost. The Long Term Service Agreement (LTSA) is being signed separately between the Project Company and General Electric USA to take care of the operations & maintenance of the gas turbines after the commissioning of the project. The Steam Turbine and all other balance of plant / auxiliary equipment shall also comply with the international standards to ensure sustained quality and efficiency of the project throughout its operational life.

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Korea Electric Power Corporation, better known as KEPCO, is the largest electric utility in South Korea and responsible for the generation, transmission and distribution of electricity and the development of electric power projects including those in nuclear power, wind power and coal. KEPCO is responsible for 93% of Korea's electricity generation. The Korean government owns a 51% share of KEPCO, and together with its affiliates and subsidiaries, KEPCO has an installed capacity of 65,383 MW. On the 2011 Fortune Global 500 ranking of the world's largest companies, KEPCO was ranked 271. KEPCO is a member of the World Energy Council, the World Nuclear Association and the World Association of Nuclear Operators. KEPCO was listed on the Korea Composite Stock Price Index (KOSPI) on August 10, 1989 and later in 1994 on the New York Stock Exchange. Following a push by the Korean government to restructure Korea's power industry which began in the mid-1990s, the Act on the Promotion of Restructuring the Electric Power Industry was proclaimed on December 23, 2000, after which the electricity generation business was split up into Korea Hydro & Nuclear Power, a subsidiary responsible for nuclear & hydro power generation, and five thermal power generation companies: Korea South-East Power, Korea Midland Power, Korea Western Power, Korea Southern Power, and Korea East-West Power.

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