Sindh Engro Coal Mining Company

Company type| Unlisted public company
Industry| Coal
Founded| 2009; 16 years ago (2009)
Headquarters|

Karachi

Pakistan

Area served

| Sind

Key people

| Amir Iqbal (CEO)
Revenue|  Rs. 109.407 billion (US$380 million) (2023)

Net income

|  Rs. 29.160 billion (US$100 million) (2023)
Total assets|  Rs. 232.904 billion (US$810 million) (2023)
Total equity|  Rs. 81.490 billion (US$280 million) (2023)
Owners| Government of Sindh (54.70%)
Thal Limited (11.90%)
Liberty Textile (11.90%)
Hubco (8%)
Habib Bank Limited (9.5%)
Huolinhe Open Pit Coal Investment (8.5%)
CMEC Thar Mining Investments (4%)
Parent| Government of Sindh
Website| secmc.com.pk
Footnotes / references
Financials as of 31 December 2023[update] [1]

Sindh Engro Coal Mining Company (SECMC) is a Pakistani coal mining company based in Karachi. It is a subsidiary of the Government of Sindh.[2]

## History

[edit]

Sindh Engro Coal Mining Company was established in 2009 as a joint venture between the Government of Sindh and Engro Corporation to mine and establish power projects from the Block II of the Thar coalfield in Tharparkar.

## Projects

[edit]

SECMC projects include's under construction 660MW of power plant when completed in 2017. Its flagship project is based on 75:25 debt to equity ratio. The company raised $900 million from Chinese banks, $300 million from a Pakistani banking consortium and the remaining $400 million from sponsors.[3][4] SECMC is establishing another 600MV plant in partnership with State Power Investment Corporation.[5]

It would in total produce 3,960MW of electricity, in six phases, from the coal in Block II of the project. The first phase of 660MW would be completed within three and a half years, while a new unit of 660MW each would be added subsequently. A sum of $1.6 billion with $800 million component for the open pit mining and $800 million for the power plant have been invested in the project.[6]

## References

[edit]

1. ^ "Sindh Engro Coal Mining Company Annual Report 2023". Retrieved 2 November 2024.
2. ^ Qureshi, Shujauddin; Shaukat, Zeenia. "Thar Coal Project and Local Community. Documenting Views and Experiences of Stakeholders" (PDF). Boell Stiftung. Boell Foundation. Retrieved 21 August 2021.
3. ^ Hasan, Saad (30 January 2014). "Work on Thar coal project finally starts It is not just talk this time, says SECMC CEO". Express Tribune. Retrieved 21 August 2021.
4. ^ "Nawaz, Zardari launch Thar Coal power project". The Nation. 1 February 2014. Retrieved 21 August 2021.
5. ^ "Sindh Engro Coal Mining Company and China Power International signed MoU to set up 6,000 MW Power Plants -". Retrieved 2016-08-28.
6. ^ Ali, Z (1 February 2014). "Power woes: Nawaz, Zardari launch Thar coal project". Express Tribune. Retrieved 21 August 2021.

* v
* t
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Engro

People|

| Board of directors|

* Hussain Dawood
* Abdul Samad Dawood
* Sabrina Dawood
* Shabbir Hussain Hashmi
* Rizwan Diwan
* Sultan Mohammad Parvez Ghias
* Samar Masoor
* Ahsan Zafar Syed

|

Chief executives|

* Asad Umar (2004–2012)
* Ali Ansari (2012–2015)
* Khalid Siraj Subhani (2015–2016)
* Ghias Khan (2016–2024)
* Ahsan Zafar Syed (2024–present)

Subsidiaries|

* Engro Fertilizers
* Engro Polymer & Chemicals

Associates|

* FrieslandCampina Engro

Philanthropy|

* Engro Foundation

Former|

* Avanceon
* Engro Powergen Thar
* Sindh Engro Coal Mining Company

* Pakistan portal
* Energy portal

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