Oracle Power receives approval for 700MW power plant in Pakistan
Source - SMW
Oracle Power said the company and its Chinese joint venture partners had received approval from Pakistani authorities to build a 700MW coal-fired power plant.
The development marked the first phase of a of a 1,400MW power plant, the company confirmed.
The power plant size, originally submitted as first phase 660MW -- of a total plant size of 1,320MW -- had been increased to 700MW to comply with new requirements in Pakistan.
At 9:16am: (LON:ORCP) Oracle Power PLC share price was +0.13p at 1.6p