cougar gets thumbs up for thar project

International..The News.
Karachi..Sunday Aug/23/09.

[Abbreviated]

The Thar Coal and Energy Board has approved "four" Thar
coal reserve projects to generate up to 2,400 MW of power
whose capacity would be increased up to 10,000 MW by 2020.

This was decided in the fourth TCEB meeting presided over
by Sindh Chief Minister Syed Qaim Ali Shah at the Chief
ministers house here on Saturday.

.....They said that Engro would set up a 1000MW power
plant which would be a JV of the Sindh Government and
Engro.Also Pepco would establish a gasification plant.
A private firm,Coujar [Cougar] would set up a 400MW
gasification plant..they added.

Finance Minister Tarm said both the Fed and the provincial
Government would invest Rs 80 billion on infrastructure
development in Thar in 2/5 years to facilitate investors to
utilize 185 billion metric tonnes of coal there.He said that
diesel and fertilizer could also be made through UCG.[end]

With the energy sector set to be at the forefront of
the greatest investment promise for the next decade,there
is little doubt that Direct Invest is and always has been
behind Cougars every move.Especially now with the Sindh
Governments JV with Engro paving the way for other countries
leaders to back their future energy supplies with UCG.[end]

[time to bury the hatchet Dex and join in the fun that's
soon to begin.] :))

HM.