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Local, foreign companies keen to invest in Thar Coal Project
Islamabad—Local as well as foreign companies are showing interest to invest billions of rupees in the Thar Coal project to help generate electricity to overcome shortage in the country. According to details regarding status of projects at Thar Coalfield, a mining company of China has shown its intention to invest US$ 1.5 billion in key infrastructure projects including mining of 5 MTPA and 900 MW - Phase-I GMC in Block-I.
In Block-III-A - Cougar Energy (United Kingdom) plans to invest for 400 MW Under Ground Coal Gasification Project
An official source told reporter on Sunday that PC-I for Thar-Matiari-Rahim Yar Khan Transmission has been submitted to the Planning Commission for its placement in its upcoming CDWP meeting. He said Thar Coal and Energy Board is pursuing to develop infrastructure like laying of a transmission line, water supply schemes, laying of rail lines, construction of roads, development of coal field etc. for early completion of Thar Coal project.
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