Showing posts with label Resources of Pakistan. Show all posts
Showing posts with label Resources of Pakistan. Show all posts

Monday, August 31, 2009

Progress on Thar coal reservoirs utilization

It was in 1992 that the Geological Survey of Pakistan (GSP) discovered huge sub-surface deposits of coal--the largest in the world--in Thar District (Sindh). As the news spread globally, a number of foreign investors showed interest in the exploitation of Thar coal resources for powe generation. No concrete proposal was however received.
In response to the Energy Policy 1994 Consolidated Electric Power Asia Ltd of Hong Kong signed an memorandum of understanding (MoU) for developing a 1,425 mw capacity integrated power project based on Thar coal. But it did not materialize.

Thar coal reservoirs utilization dilema

We have much debate around us about Thar coal reserves. And mostly the view point is that "Thar can change the fate of the country if utilized in a proper way. It can save oil import bill, reduce unemployment and help strengthen economy, rupee and FOREX stocks".

Dr Murtaza Mughal president of Pakistan Economy Watch in a statement said that 185 billion tunes of coal worth USD 25 trillion can not only cater the electricity requirements of the country for next 100 years but also save almost four billion dollars in staggering oil import bill.



Thursday, July 30, 2009

Utilizing Thar Coal Reserves

I have heard many people claiming about very huge reservoirs of coal in thar and the rumors that foreign elements are involved in to keep Pakistan away from utilizing these reserves. Keeping in view the very mean and cruel policies of big energy players all over the world it may be expected that just for their own thriving they may play with future of Pakistan through its ruler class. I got following email from one of my friends. If some part of following email is true even then it is a great issue and needs attention.