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News Uploaded On : Sunday, October 02, 2011 5:16:00 PM IND Back  |  Latest Projects  |  Latest Tenders
 
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Thar Coal Project to produce electricity in 4 years
Dr Samar Mubarakmand eminent Pakistani scientist has announced that the Thar Coal Project would take 4 years to produce electricity.

He informed that the initial project of Thar Coal Energy aimed for 100 MW of electricity, which if successful would encourage government to surge ahead with a massive 10,000 MW electricity project. Thar coal reserves totalled 175 billion tonnes which can easily manage 10,000 MW electricity for thirty years.

He also informed the presence of massive reserves of gold and countless other precious minerals in tribal area and Balochistan while Balochistan alone boasts minerals worth USD 1000 billion. He suggested that Country could benefit greatly if it engaged in its own exploration, rather than employing foreign concerns.

Dr Mubarakmand also informed that copper was being exported at the rate of PKR 10 per kilo and said that government had allowed him to function on the lines of Rekodik project. There was enough manpower for all important projects of Country and informed that instead of importing copper worth USD 10,000 per tonne Pakistan could easily spend USD 4,500 to seek its own reserves.

Mr Mir Hamdan Bugti chairman of NA Standing Committee said that political governments were helpless in hands of bureaucrats as while the bureaucrats whisked away all the cream the politicians were only tarnished with bad reputation.

(Sourced from www.onlinenews.com.pk)

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