Displaying items by tag: Power Plant

India: JK Lakshmi Cement’s revenue rose by 9% year-on-year to US$160m in its first quarter to 30 June 2019 from US$147m in the same period in 2018. Notably, its expenses fell by 2% to US$146m due to decreasing logistics costs. Its net profit grew significantly to US$7.58m from US$0.44m. The cement producer also said that it had commissioned a 20MW captive power plant at its Durg cement plant in Chhattisgarh.

Pakistan: Lucky Cement has counteracted mounting costs with increased export sales. Its gross sales rose slightly to US$420m in its financial year to 30 June 2019. Its profit after tax fell by 14% year-on-year to US$65.2m from US$75.8m from the same period in 2018. Its cost of sales grew by 11% to US$190m from US$211m. Its cement sales volumes fell by 1.8% to 7.67Mt. However, its export sales increased by 60.9% to 1.82Mt.

The cement producer said that the first shipment of machinery from China’s Sinoma to its new 1.2Mt/yr integrated plant project at Samawah in Iraq. A power plant has also been ordered from Finland’s Wärtsilä. Commercial production at the site is planned for mid-2020.

Bangladesh: Bashundhara Industrial Complex will supply up to 45,000t of cement for the construction of a dual fuel-fired combined cycle power station at Meghnaghat in Narayanganj. It has signed a deal with China Energy Engineering Group Northeast No 1 Electric Power (NEPC) for the project. The power plant will have a net generation capacity of 590MW using regasified liquid natural gas or 541MW using high-speed diesel.

Pakistan: DG Khan has signed a deal with Sinoma Energy Conservation for upgrades at the integrated Hub cement plant in Baluchistan. The agreement includes a 10MW waste heat recovery (WHR) unit and a 30MW coal power plant. No cost of the project or date of completion has been disclosed.

Myanmar: June Cement Industry’s new 5000t/day plant is waiting for permission from the government to use 15MW of electricity generated from two coal power plants. The US$471m unit is based at PyarTaung, KawPaNaw Village, Kyaikmayaw Township in Mon State, according to the Mon News Agency. The plant will extract limestone from the Pyartaung Mountain area. Coal for the plant is expected to be delivered via the River Attran. Local residents have expressed concern that barges may cause flood damage along the river’s banks.

Pakistan: Lucky Cement’s revenue grew by 12% year-on-year to US$729m in the first nine months to 31 March 2019 from US$654m in the same period in 2018. Its local cement and clinker sales volumes dropped by 13% to 4.4Mt from 5.1Mt. Export sales more than doubled to 1.5Mt from 0.7Mt, Overall sales volumes rose to 6Mt. Its income fell by 18% to US$80m from US$97.3m. It said that its cost of sales rose by 14.1% due to rises in the cost of coal, packing material and other fuel prices.

The cement producer said that a 2.6Mt/yr expansion project in Khyber Pakhtunkhwa would be completed by the end of 2019. Contacting for a new 1.2Mt/yr plant in Samawah in Iraq has been finalised including a power plant from Finland’s Wärtsilä. Commercial production at the site is planned for mid-2020.

Iraq: Al Shumookh Lucky Investments, a subsidiary of Pakistan’s Lucky Cement, has ordered a power pant from Finland’s Wärtsilä for its Najmat Al-Samawa cement plant. The equipment is scheduled for delivery towards the end of 2019, and the plant is expected to become fully operational during the third quarter of 2020. No price for the order has been disclosed.

The power plant will operate on two Wärtsilä 32 engines running on locally-available heavy fuel oil (HFO) with diesel as a back-up fuel. The engine is designed to operate with reduced fuel and water consumption in hot climates.

Nigeria: BUA Group has ordered a 48MW power plant from Finland’s Wärtsilä for a new production line at its Sokoto cement plant. The power plant will operate without connection to an electricity grid and it will operate on five Wärtsilä 34DF dual-fuel engines, running primarily on liquified natural gas (LNG) but with the capability to switch to low pour fuel oil (LPFO) if necessary. The site’s two existing power plants operate on heavy fuel oil (HFO).

The Wärtsilä equipment is scheduled for delivery at the end of 2019, and the new plant is expected to become operational in mid-2020. No price for the order has been disclosed.

Serbia: Elektroprivreda Srbije, a government-owned power company, has completed a Euro14m terminal on the River Danube for its Kostolac B coal-fired power plant. The unit will be use to transport 105,000t/yr of synthetic gypsum and 157,000/yr of fly ash. It will also process limestone. The terminal was built as part of the first phase of a credit arrangement between Serbia and China.

Spain: Endesa sold 0.3Mt of fly-ash from its Carboneras power plant in Almeria to cement companies in the UK and North America in 2018. The energy company also sold fly-ash to the nearby LafargeHolcim Carboneras cement plant, according to La Voz de Almería newspaper. The company has also sold 30,00t of slag and 60,000t of gypsum from its limestone plant.