Govt offers more Thar coal fields to exploration

KARACHI: The Sindh Government plans to offer more blocks this month for exploration of coal in Thar coal field to meet the demand of the investors from various countries. According to a statement of Coal and Energy Development Department here on Sunday, there are several investors from China, Australia, Germany, Turkey, South Korea, and UK, who are frequently visiting Thar coal field either working for the ongoing projects, developing their studies and project papers or for the companies which are planning to participate in the future offerings of Thar blocks.

“There have always been satisfactory arrangements for their facilitation, logistics and security,” it added. Thar coal field, with its estimated reserves of 175 billion tons spread over 9000 sq kms, is regularly attracting investors from inside and outside the country. It has a tremendous potential and size, unequalled by any coal field in the region, it added.

The federal and the provincial governments are providing all possible resources and are developing various schemes to meet the challenge of completing the infrastructure needs of the area. The attractive incentives package offered by the Federal and Provincial governments for Thar coal projects, is receiving enthusiastic attention of the investors, it further maintained. – brecorder