Lucky Cement Limited (LUCK) has informed Pakistan Stock Exchange (PSX) today that Lucky Electric Power Company Limited (LEPCL), a wholly-owned subsidiary of Lucky Cement Limited (the Company), has completed commissioning of its 660 MW supercritical, lignite coal-based power plant at Deh Ghangiaro, Bin Qasim,  Karachi. The power plant was synchronized with the national grid towards the end of CY 2021. Since then has been involved in extensive testing and completing relevant inspections and commissioning, thereby achieving the Commercial Operations Date (COD) on March 21, 2022.

The power plant has been designed to operate on Thar Lignite Coal, subject to its availability; however, during the interim period, it will mainly work on Imported Lignite Coal till the completion of Phase III of Sindh Engro Coal Mining Company (SECMC), which is expected in the second quarter of CY 2023.

660 MW of electricity to the national grid will play a key role in increasing Pakistan’s energy security and prosperity. It will also reduce the cost of electricity and reliance on Imported fuel after completing Phase III SECMC.

With the completion of this project, Lucky Cement’s business portfolio has further diversified. It now consists of local and international cement operations, automobile, chemicals & Agri sciences, mobile phone assembling and energy (In addition to the captive power plants operated by the Company).

With Entrepreneurship as its core value, Lucky Cement is committed to increasing its portfolio of products and businesses, continuously enhancing the quality of its earnings and shareholders’ value.