Karachi: Chairman Sindh Board of Investment Muhammad Zubair Motiwala said that the quality of huge reserves at Thar Coal has been recognized by the world renowned institutions and at Clean Coal Forum 2013 held from 13th to 14th June 2013 at Beijing, China.
Chairman SBI during his address at the event briefed the international audience on current development projects in Thar, Sindh to increase access and develop infrastructure for increased participation of local & foreign investors. These include development of Airport planned to be completed well before end of this year. He added that re-strengthening of road heading from Karachi to Thar on specification of 70 km load bearing capacity, improvement of water scheme, establishment of effluent treatment plants, upgrading of grid for distribution of power, development of Reverse Osmosis Plants & many other development projects are also in development program.
He also clarified all misconceptions about Thar Coal. He said that Coal contributes 41% of total generation capacity of the world, however; it only constitutes 0.1% in Pakistan.
Chairman SBI further clarified that the specifications of Coal reserves available at Thar Coal are duly certified by RWE of Germany, M/s Shenhua of China, Mangolian Institute, United States’ Geological Survey etc. He also presented comparisons with world as well as country to country basis. Thar lignite has a stripping ratio of 6:1, heating value of 11 – 12 MJ/Kg, Ash 7%, Moisture 45 – 47% &Sulphur0.9 – 1.3 %. This lignite is suitable for Power Generation and other uses.
As a consequence, many of participating companies have committed to visit Pakistan & Thar & few of companies are also willing to participate in next international bidding.
Motiwala said that Coal is the only solution to resolve Pakistan’s Energy crisis. Pakistan has no option and Government of Pakistan, both federal and provincial should apply all its efforts to explore Thar Coal to overcome energy crisis of Pakistan. He added that Thar Coal resources have an estimated potential of generating 100,000 MW of electricity for a period of 300 years thus, providing an opportunity for large scale mining & power generation over a long period of time.
Chairman SBI informed that Sindh Engro Coal Mining Company (SECMC) is a jointly managed company by Government of Sindh and private sector. This company is near its financial close. However, few of guarantees like sovereign guarantee for mining and power plant of GENCO are still in pipeline.
Sindh Engro Coal Mining Company (SECMC), Department of Coal & Energy Development Department, Government of Sindh and Sindh Board of Investment participated & represented Pakistan at the event.