Jura Energy Enters into Agreement with Government of Pakistan for Refurbishment of Power Station

Calgary-based Jura Energy Corporation announced that the Pakistan Ministry of Water and Power, Private Power & Infrastructure Board issued a formal Letter of Interest (LOI) to the Kandra Power Company Ltd. for a 120 megawatt combined cycle power facility located at Sukkur in the Northern Sindh province. Under the terms of the LOI the Kandra Power Company, which is owned jointly by Pakistan Petroleum (Pvt) Ltd. (50%) and Jura (50%), will be responsible for the preparation of a detailed engineering study leading to the refurbishment of the existing Sukkur Power Station to include the installation of new co-generation turbines and associated infrastructure.