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| UAE, Korea to set up 1,000MW Thar coal-based power plant |
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Sunday, March 15, 2009
KARACHI: Sindh Chief Minister Syed Qaim Ali Shah on Saturday held a meeting with an 8-member delegation of UAE’s Bin Din Group and PEDCO of Korea working on development blocks of Thar Coal project and considered details of the Letter of Intent.
The South Korean firm would work for three years in blocks 4 and 8 and start drilling and boring for coal mining thereafter power generation will start.
The Korean group will set up a mine-mouth thermal power plant of 1000MW by using Thar coal reserves.
The meeting was informed that mines and mineral development and the law department, Thar Coal and energy board and the chief minister’s secretariat would examine the details of the agreement being prepared for the proposed project.
The Thar coal energy board is going to have an important meeting on Tuesday and signing of the agreement is expected on Thursday. The chief minister assured of all possible assistance and cooperation by the Sindh government to the delegation.
PEDCO’s representative informed that a major power company of the world will soon start coal mining. He said that the mine-mound power plant would cast a positive impact on Pakistan’s economy.
He said the plant, after completion, would be Pakistan’s first and biggest thermal plant which would make energy available to two million households and six lakh industrial units. It will generate job opportunities for an estimated 90,000 skilled and non-skilled workforce.
Representative of Bin Din Group informed the meeting that besides the power plant, schools, colleges and hospitals would also be setup in the area which would usher it into the new era of progress and prosperity.
The meeting was attended, among others, by Managing Director Thar Coal Energy Board Aslam Sanjrani, Secretary Mines and Mineral Yunus Dhaga, and others.
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ISSN 1563-9479 
