Overview

Oracle Power PLC is an international power and natural resource project developer listed on London’s AIM market. The Company is focussed on delivering reliable and affordable power in emerging developing markets, unlocking the value of underutilised and undeveloped natural resources to provide energy security and support economic growth and development. Its initial project is the Thar Block VI Project (‘the Thar Project’) in the Thar desert in the south-east of the Sindh province of Pakistan. The Thar Project is a 66.1 sq km licence containing 1.4 billion tonnes of coal, where the Company, in tandem with its partners China National Coal Development Company Ltd. (CNCDC) and the private office of His Highness Sheikh Ahmed Bin Dalmook Juma Al Maktoum, is advancing a combined lignite coal mine, a 1,320MW mine mouth power plant and a proposed coal gasification to urea project. Oracle Coalfields plc was incorporated in England and Wales on 5 July 2006 and was admitted to trading on the PLUS Market in August 2007. The Company listed on AIM on 20 April 2011. Oracle Coalfields PLC changed its name to Oracle Power PLC on 27 June 2017.