CXY cougar energy limited

It appears Thar coal is going to be funded by Federal...

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    It appears Thar coal is going to be funded by Federal Government

    In response to a question by another lady MPA Nusrat Sehar Abbasi, Shah said the government of Sindh is working on four projects of processing facilities for producing coal gas by underground gasification and also producing electricity from coal gas. Federal government would fund all the projects.

    To a question by Muhammad Adil Khan, the chief minister informed the house that 225 metric tonnes and 076 metric tonnes marble was mined from Thatta district during the year 2008 and 2009 respectively. The revenue so generated was Rs 584,935 and Rs 593,300 respectively. The royalty is collected by the contractor at the rate of Rs 20 per ton.

    On Syeda Marvi Rashdi’s question, the chief minister said that the Thar Coal and Energy Board has offered allocation of different blocks of Thar coalfield for open cast mining to different companies. The underground coal gasification project by Dr Samar Mubarakmand has successfully conducted test burn on December 11 and syngas is being produced. Similarly, for the underground coal gasification, Couger Energy of UK has been conducting desk studies since 2009 for development of coal gas and establishment of power plant of 400MW. The company has not provided target date of generation of gas.

    Full story: http://www.dailytimes.com.pk/default.asp?page=2012%5C06%5C15%5Cstory_15-6-2012_pg12_1
 
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