Saving $6 bln on fuel imports, Thar Coal project to prove as game-changer

The Thar Coal Project, he said, could help the government save up to $6 billion as the expenditure on the import of energy including petrol and liquid petroleum touched $24 billion.

Thar Coal project was high on the agenda for the government in view of the reduced cost of power generation.

Not benefitting from the country’s indigenous coal reserves was a huge mistake and announced to convene a meeting of stakeholders on Thar Coal mines next week to discuss formalities.

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 megawatts.

The coal-powered plants would prove a feasible operation for electricity production at the rate of Rs 10 per unit.

Thar Coal project would save the country’s foreign exchange and help thrive the national economy. Thar Coal Mines project would be connected through a freight rail track for the transportation of coal to other parts of the country.

Thar Coal Mines project had contributed to the provision of job opportunities to the local people of Thar, thus improving their lifestyles.

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