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Pakistan has rich coal reserves

Steel News - Published on Mon, 09 Jul 2012

Member Science and Technology Planning Commission of Pakistan Dr Samar Mubarkmand has said that the country was rich in coal reserves, the fourth largest in the world with 175 million tones of the ore.

Addressing the presidents of chambers of commerce and industry at SCCI here on Saturday, he said that \"We can produce gas and energy through underground coal gasification to meet the industrial and domestic needs.\"

The government had approved a 100 megawatt project and the Thar Coal Board had already decided to attract private sector to show \"Expression of Interest (EOI) in the project.

Dr Samar said that a lobby was actively working against the project just to deprive the people of inexpensive provision of gas and electricity.

More and more thermal power plants have been switched to furnace oil as fuel and high content of sulphur in the furnace oil has rapidly corroded the boilers with a subsequent reduction in power generation capacity.

Dr. Samar said that surface gasifies had already been installed and were in operation in different industries of the country while 18 gasifies were currently on order waiting delivery with short span of time. This solution, he said, had become very popular in the manufacturing sector of the country and it was expected that by the end of the current year significant number of industries would generate their own gas and electricity from the coal.

This will greatly impact the economic growth of the country through enhanced manufacturing, increased employment, competitive exports as well as intensity of mining sector.

Dr Samar said in line with the newly developed Economic Growth Strategy of the Planning Commission, a considerable increase in GDP would be observed in the coming years in the production sector without any burden on the public sector development programme. The Panning Commission has provided the technical impetus and intellectual inputs to advance the national economy.

Presidents of Chambers of Commerce and Industries of Rawalpindi, Sialkot, Gujranwala, Gujrat Sargodha, Attock, Chakwal, Jhelum, Sheikhupura and President Central and North Punjab Women Chambers of Commerce and Industry assured to extend their full support for the success of Thar Coal Project and urged the government to release funds immediately for the project.

Source - Associated Press of Pakistan


Posted By : admin on Mon, 09 Jul 2012
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