Thar: Chief Minister (CM) Sindh Murad Ali Shah said that generating electricity from Thar Coal required an extensive road network, bridges and an airport.
The CM Sindh was addressing on the inauguration a 330 MW power plant under CPEC Block II completed by Hubco company in district Tharparkar.
It is pertinent to mention that Prime Minister Shehbaz Sharif inaugurated a 330 MW power plant under CPEC Block II completed by Hubco company in district Tharparkar.
The CM Sindh was given a detailed briefing about the CPEC projects by Chief Minister of Sindh Syed Murad Ali Shah.
Syed Murad Ali Shah said that China Pakistan Economic Corridor (CPEC) is a game changer for Pakistan’s economy.
LIVE #APPNews : Prime Minister Muhammad Shehbaz Sharif attends inaugural ceremony “Second Phase of Thar Coal Mines Project” @PakPMO @CMShehbaz @BBhuttoZardari
— APP 🇵🇰 (@appcsocialmedia) October 10, 2022
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The Sindh government allocated 40 percent equity along with 60 percent contributed by Sindh Engro in the public-private partnership on Thar Coal mines project.
He regretted that had the work on Thar coal not stalled since its first mining of reserves in 1991, the project would have produced 10,000 megawatts.
He termed Sindh province as the ‘energy basket of Pakistan’, with immense potential of natural energy resources, including solar and wind energy.
The Chief Minister said that the Sindh government built the infrastructure of Thar by spending 750 million dollars.
He informed that, according to the geological Survey of Pakistan, Thar coal has 175 billion tons of coal reserves and it has a total of 13 blocks, we were working on Block II and Block I.
Thar Powers Pakistan: Generation Of 1320 MW By Dec
— Sindh Chief Minister House (@SindhCMHouse) October 10, 2022
Sindh CM Murad Ali Shah briefing PM Shahbaz Sharif at coal mine pit, Bl-II, said: Thar Coal is game changer as it can yield $4bn economic dividends alone from 70mtpa coal export, apart from producing power, syngas, fertiliser. pic.twitter.com/Igbvn5oIA8
He further informed that, in 2014, work was started on a coal mine power project under CPEC and in 2015, the federal government issued a sovereign guarantee for the project.
The Chief Minister said that, the power generation capacity of this power project will increase to 2640 MW by the end of this year.
He said that 23 schools have been established in the Tharparkar with the profits of Thar coal projects, in which 4061 students are studying; besides a 120-bed hospital has also been established in the district for the betterment of the locals.