Displaying items by tag: Port Qasim

Pakistan: Pakistan International Bulk Terminal (PIBT), the country’s first dry bulk unit for coal and cement, has started commercial operations with a consignment of coal in early May 2017. The US$285mn Muhammad Bin Qasim Port, which was built with support from the World Bank, will also be used to export cement and clinker, according to the Express Tribune newspaper. The terminal is capable of handling 12Mt/yr of cargo and has a storage yard spread over 62 acres. PIBT, under a 30-year build, operate and transfer agreement with the Port Qasim Authority, built its own jetty and is equipped with two coal ship unloading cranes and one cement and clinker loading crane.

Pakistan: A US$130m contract for the construction of Pakistan's first dirty cargo terminal, Pakistan International Bulk Terminal (PIBT), at Port Qasim has been awarded to China Harbour Works.

The total cost of the PIBT will be US$250m, which will include the cost of equipment. In the first phase the terminal will have the capacity to handle 12Mt/yr of imported coal, 5Mt/yr of cement and 2Mt/yr of clinker. In the second phase the PIBT will expand its capacity of imported coal to 20Mt/yr to meet the growing energy demand of the country.

China Harbour Works will start civil work on the terminal within a month and complete it within two years. Coal imports to Pakistan are expected to grow given that most of the new power plants under construction are coal based and many old plants are also being converted to use coal.