PM Shehbaz hopes coal-powered plants will prove a feasible operation for power production at Rs10 per unit
\nISLAMABAD
\nPrime Minister Shehbaz Sharif has said that amid the skyrocketing fuel prices, the cheaper energy production from the Thar Coal Mines project would prove as a game-changer for development of the entire country.
\nHe stated this while addressing the inauguration of the commercial operations of Phase-II of Sindh Engro Coal Mining Company during his visit to Thar Coal Mines Block-II in Tharparkar on Monday.
\nHe said the Thar Coal Project could help the government save up to six billion dollars as the expenditure on the import of energy including petrol and liquid petroleum touched 24 billion dollars.
\nShehbaz Sharif said the federal government in collaboration with the Sindh government would chalk out a policy framework on the Thar Coal mines project, with an objective to connect it with other rest of coal-powered power plants in the country producing 4,000 megawatt of electricity.
\nHe said that, the coal gasification could be used to make Syngas for fertilizers and would save billions in foreign exchange.
\nPrime Minister said Thar Coal Mines project would be connected on 23rd March through a freight rail track for the transportation of coal to other parts of the country.
\nAddressing on the occasion, Foreign Minister Bilawal Bhutto Zardari said that Thar has now emerged as a game changer and a public-partnership model of development.
\nHe said that the Thar Coal Mines project has contributed to the provision of job opportunities to the local people of Thar, thus improving their lifestyles.
\nSpeaking on the occasion, Chief Minister Sindh Murad Ali Shah said 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.
\nHe termed Sindh province as the \u2018energy basket of Pakistan\u2019, with immense potential of natural energy resources, including solar and wind energy.
\nMeanwhile, Chinese Ambassador Nong Rong congratulated the government of Pakistan on the successful completion of the project and lauded Prime Minister Shehbaz Sharif for his \u201cconsistent devotion and firm support\u201d in strengthening Pakistan-China cooperation including in CPEC projects.
\nHe hoped that the new power block would help overcome energy shortage, and provide reliable and affordable electricity.<\/p>\n","protected":false},"excerpt":{"rendered":"
PM Shehbaz hopes coal-powered plants will prove a feasible operation for power production at Rs10 per unit ISLAMABAD Prime Minister Shehbaz Sharif has said that amid the skyrocketing fuel prices, the cheaper energy production from the Thar Coal Mines project would prove as a game-changer for development of the entire country. He stated this while […]<\/p>\n","protected":false},"author":2,"featured_media":288453,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[940,5822,362,11000],"class_list":{"0":"post-288436","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-game-changer","9":"tag-pm-shehbaz-sharif","10":"tag-pmln","11":"tag-thar-coal-mines-project"},"yoast_head":"\n