KARACHI: Chief Operating Officer of the Sino Sindh Resources Private Limited (SSRL) Li Jigen said Monday that the Thar Coal Block-1 project, which is an important part of China Pakistan Economic Corridor (CPEC), is making rapid progress.
"Despite the COVID-19 pandemic and other obstacles, the mega project in Thar has picked up pace in recent times," he said according to a statement issued.
Tariq Shah, Sindh Energy Secretary and Meng Donghai, CEO of Thar Coal Block-1 Power Generation Co and Li Jigen shared more details about the project.
Tariq Shah lauded the progress made in the Thar Block-1 project which comprises a 7.8-million-tonne-per-annum (Mtpa) open-pit coal mine and installation of a 1.3 GW ultra-supercritical coal-fired power plant.
Almost 40% of work related to coal mining has been completed while construction work is also in progress on the power plant. Mining work would be completed by the end of 2021 and the first unit of the power plant would also start working from 2022. The entire project would be completed by 2023.
Project aims to restart and expand steel production, marking new chapter in bilateral cooperation
Bitcoin's new all-time high is being driven by relentless institutional accumulation, says Joshua Chu
KSE-100 Index closes 134,299.76 points, registering a 517.42-point rise
"We're just going to say all of remaining countries are going to pay, whether it’s 20% or 15%," says US president
Federal government is estimating redevelopment will take 4–5 years
KSE-100 Index surges by 1,205.36 points, or 0.91%, to close at 133,782.34