November 26, 2011

Islamabad: Thar coal project to be operational by 2013

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Thar coal project will become operational in December 2013, member of the Science and Technology Planning Commission, Dr Samar Mubarakmand, said on Thursday. Talking to a private news channel, he said that the project would bring prosperity in the country. “Pakistan has enough coal reserves that can provide electricity to the country for more than 500 years,” he said.

He said that development work is in progress and the first 50 megawatts (MW) gasified project has almost been completed. He said that the project is to cost Rs8.898 billion with a foreign exchange component of Rs 5.847 billion that was approved by the Executive Committee of the National Economic Council last year. Dr Mubarakmand said that the success of the Thar coal project would lead to investment from leading international companies.Read More »Islamabad: Thar coal project to be operational by 2013