CXY 0.00% 0.3¢ cougar energy limited

thar coal test burn, page-4

  1. 567 Posts.
    Looks like the Pakies are more on the ball than the ones in Queensland. Well, thats no surprise.

    From Kylies article-

    "According to Sindh Chief Minister Syed Qaim Ali Shah, the completion of two initial bankable feasibility studies of Thar coal project is a significant headway. Together with these, the ?landmark October 15 approval? of fiscal incentive package by the federal cabinet?s Economic Coordination Committee would enable the ?stakeholders to give impetus to the fast-track development of the coal deposits?.

    Under the package, the investors would be exempted for 30 years from customs duties on import of coal mining and construction machinery at Thar, get exemption on withholding tax and other levies such as WWF, WPPF and federal excise duty. Sindh government is launching its first public-private venture with Sindh Engro Coal Mining Company and would soon start infrastructure development in Thar.

    The Planning Commission has launched a project for the conversion of underground coal in Tharparkar into coal gas without bringing coal on the ground. Capital investment at the Underground Coal Gasification (UCG) based power generation system is about $1 per KWH for small plants of less than 100 MW and about $0.8 per KWH for larger plants of 500MW capacity. Several thousand megawatts energy is already being generated in several countries"
 
watchlist Created with Sketch. Add CXY (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.