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FFBL Power Company Limited

FFBL Power Company Limited (“FPCL” or the “Company”) is an unlisted public limited company incorporated by the Sponsor as a special purpose vehicle in June 2014 for setting up a coal power plant (CPP) capable of generating power at two different frequencies i.e. 50 Hz and 60 Hz, to meet its clients power and operational requirements as under:

  1. Fauji Fertilizer Bin Qasim Limited (FFBL) ‐ 60 Hz
  2. K‐Electric (formally known as Karachi Electric Supply Corporation); and/or Bulk power consumers ‐ 50 Hz

The CPP will be located at Port Qasim, Karachi in the province of Sindh, on approximately 50 acres of land within the existing Fauji Fertilizer Bin Qasim (FFBL) Fertilizer Complex on the south side. The Project will be capable of generating 500 Tons Per Hour (TPH) steam through two (02) equal capacity Circulating Fluidized Bed (CFB) high‐pressure coal‐fired boilers which are a proven technology for efficient burning of a wide range of coal. The Installed capacity of the Project shall be 118 MW, of which ~ 52 – 60 MW of power shall be sold to K‐Electric.

The CPP will be located at Port Qasim, Karachi in the province of Sindh, on approximately 50 acres of land within the existing Fauji Fertilizer Bin Qasim (FFBL) Fertilizer Complex on the south side. The Project will be capable of generating 500 Tons Per Hour (TPH) steam through two (02) equal capacity Circulating Fluidized Bed (CFB) high‐pressure coal‐fired boilers which are a proven technology for efficient burning of a wide range of coal. The Installed capacity of the Project shall be 118 MW, of which ~ 52 – 60 MW of power shall be sold to K‐Electric.

Mission

“FFBL Power Company Limited is committed to remaining amongst the best companies by maintaining the spirit of excellence through sustained growth rate in all activities, competitive price, quality product and providing safe and conducive working environment for the employees.”

Vision

“To be the foremost organization in energy sector focused on quality and growth, leading to enhanced stakeholders value.”

As per requirements under the NEPRA Act, FPCL is approaching the National Electric Power Regulatory Authority (“NEPRA”) for award of generation license for the Project. The Plant configuration consists of 2 x 250 TPH, 92 bar and 515°C high pressure/temperature Circulating Fluidized Bed (CFB) boilers that are being procured from Hyundai Heavy Industries (HHI) – Korea following a recently executed contract. CFB Technology for boilers is being employed due to its ability to provide improved thermal efficiency and its excellent ability to burn a wide range of coals from international to local
as well as bituminous to sub‐bituminous coal through the same boiler.

  • Elimination of separate De Sox system requirement as desulphurization take place within boiler
  • Low NOx generation due to boiler operation at low temperature i.e. 850 – 900 °C
  • Low Furnace Temperature
  • Good Turn Down Factor (40 to 100 % Operation)
  • No Ash Slagging
  • Simple Bottom Ash Removal System

The Company has shortlisted world renowned companies like Siemens, Alstom, Elliott and General Electric as the potential suppliers for supply of two (02 x 24 MW) condensing steam turbine generators (STGs) and one (01 x 10 MW) back pressure STG for captive power use at 60 Hz as well as one (01 x 60 MW) condensing STG for power export to KElectric / Bulk Power Consumers at 50 Hz. Currently, bids evaluation is in progress and the contract is expected to be awarded in October 2014.