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Lucky Electric Power Company Jobs

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Lucky Electric Power Company office is located in Karachi Pakistan. Lucky Electric Power Company latest jobs of January 2022 and upcoming jobs Karachi can be seen here online. Lucky Electric Power Company jobs in Karachi Pakistan and other cities as per your qualification can be applied by fresh and experienced. Candidates from Punjab, Sindh, KPK, Balochistan, Gilgit Baltistan, AJK can work in Lucky Electric Power Company by applying company new jobs.

Lucky Electric Power Company

Org Vacancies URL:
Date Established:
13-June-2014 (7 years 7 months ago)

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Shadab Ali 16-01-2022
Lucky Electric Power Company Limited Lucky Electric is setting up a 1x660MW gross local coal fired power plant. Its COD as per PPA was 1st March, 2021, but management is expecting a delay in COD till the end of Oct-21, due to delay in availability of interconnections, however the delay window is short and management is committed to achieve the milestone at earliest. As at end-April 2021, the actual project progress, issued by EPC is ~98%. Further, an explicit undertaking from the sponsor is provided to ensure that all kind of support including financial shall be made available to complete the development work and honor both its present and future commitments towards its creditors. This is a key rating consideration. Management claimed that Company is not exposed to any risk of Liquidated Damages as the delay is from Power Purchaser. Further if the interconnection is not made available till attainment of Certificate of Readiness, Company would be entitled to claim damages under the PPA. Transmission lines are expected to be available by September 2021. The EPC contractors will be also liable to pay the liquidated damages of $ 87,500 per day beyond the time for completion subject to upper cap of 12.5% of Contract Value. The primary fuel is Thar Coal; a coal supply agreement is signed with Sindh Engro Coal Mining Company SECMC, from its Block-II Phase III. Company has also signed imported coal supply agreement with reputable coal supplier. Limited. Plant would be run on imported coal in case of non-availability of local coal. It is pertinent to mention that Yunus Brother Group through its trading company, Lucky Commodities, has vast experience in import of coal. The onshore EPC contract is with SEPCO III Electric Power Construction Corporation and offshore EPC contract is with Tie Jun International. Comfort is drawn from the experience of these contractors. The ratings incorporate the project’s exposure to the completion risks. Once completed, the Company’s main challenge would be to keep the plant operational. Lucky Electric’s capital structure comprises 25% equity and debt financing constitutes 75% of the initial estimated project cost; ~USD 883mln, financed from local and foreign financial institutions. Local Facility obtained from the consortium of banks led by United Bank Limited amounting to PKR 55.98bln and PKR 7.9bln, has a 10 year tenure starting March 2022 and to be paid in 40 quarterly installments, facilities remained ~93% and ~44% utilized at Mar21. The foreign facility is USD 210mln. Out of which USD 20mln fully drawn down will be paid quarterly and USD 190mln, Drawdown: 87.36% will be paid semi-annually. Off take agreement is with CPPA-G, which will, upon plant’s availability as per contract, provide capacity payments even if no purchase order is placed. Ensuring timely commissioning of the project is important. Moreover, timely completion of the affiliated infrastructure project.
Muhammad Sharique 15-01-2022
I’m a professional Laboratory chemist with more than two years’ experience in handling of glassware and laboratory instruments, involved in water analysis and material testing. Secure a responsible career opportunity to fully utilize my training and skills, while making a significant contribution to the success of the company.
Ali Murtaza 25-11-2021
Iam Searching for a job is there any vacancy?
Muhammad Saad Baig 17-11-2021
Will be furnished upon request
Abid Mehmood 12-10-2021
Sir I need job in your company as foreman. I have experience in UAE ,ksa, and in pakistan . And I have a group of construction name dolfon construction group in our city. I am hard worker. My qualification is Fsc pre engineering. I have electrical certificate from ticni test center Rawalpindi. I have total 10 years experience in my career. I have a electrical store in kpk haripur name is sultania electrical store. I am now job in hazarah technical training centre haripur as electrical teacher. Thanks.
M Hassan 09-09-2021
I apply for Machinist mechanical maintenance
Muhammad Imran 31-08-2021
Looking job in the supply chain management Engineering stores my experience is 14 years store offer all parts/diesel mrn, min inventory control in Pakistan international container terminal.
Muhammad Hassan 24-03-2021
Apply for mechanical maintenance job
Muhammad Maaz Nizam 01-01-2021
Hello I am an electrical engineer and I have done my specialisation in power
Balakh Sher 24-11-2020
experience in coal category
Abdul Raheem 19-11-2020
Please needed to job power generation operations.
Abdul Rehman Shakeel 19-10-2020
Job for Coal Handling Operational Management 3Years Working Experience Coal Related Industry:- Customer services supervisor and Capacity planner, managing vessel things, managing yard things. Regards Rehman Shakeel
Asif Nawaz 08-09-2020
Looking job in the supply chain management stores/warehouse.
M.arshad 09-04-2020
Wheel loader operator experience 10 year
Altaf Hussain 09-04-2020
Wheel loader ,fook lifter,dozzer,all have machinery oprater 10 year experience
Sajjad Ahmed Ahmed 02-04-2020
I am associat engineer electrical I have govt licence I have 15 experience in industries
Muhammad Asad Rafique 03-03-2020
i want job on lucky power plant .
Muhammad Amin 22-02-2020
Any Position of Fire & Rescue , Safety Supervisor job I am Working with Hub Power plant As Fire & Rescue Shift Incharge.
Kh Mahmood Ahmad 10-02-2020
sir lucky power is best power compny.i need job in this compny as a e&i technician.
Ashhar Aziz Imam 14-01-2020
Subject:- Job for Coal Handling Operational Management 9Years Working Experience Coal Related Industry:- 1 Coal Handling Operational Management Power Plant Experience & 2 Coal Washing Process Plant Experience Regards Ashhar Aziz
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