The National Grid is currently receiving about 2,600 megawatts of electricity from the Thar coal reserves, which is a cheap source of energy according to him.
The Thar Coal Energy Board (TCEB) organized a stakeholder consultation session on using indigenous coal resources on Wednesday to discuss ways to use Thar coal reserves to both address Pakistan’s energy needs and spur industrial development.
Speaking at a consultation session, participants emphasised the importance of turning Thar coal into petrochemicals and natural gas. Members of the textile, cement, power, and mining industries, including Shanghai Electric, Sindh Engro Coal Mining Company, and Sino Sindh Resources Ltd. attended the meeting.
The event was also attended by a number of well-known energy and economic experts, including Akhtar Ali, Kaiser Bengali, and Pervez Tahir. Imtiaz Ahmed Sheikh, the energy minister, addressed the stakeholders and claimed that the province had a comprehensive, affordable, and long-lasting solution to the nation’s energy issues.
He declared that the provincial government would exert all of its efforts to improve the nation’s energy security and that it was already engaged in numerous projects to help maintain the nation’s macroeconomic stability.
According to the energy minister, the province’s natural resources and coal deposits in Thar are the best options for supplying the nation’s energy needs while reducing the amount of foreign exchange needed to pay for fuel exports in order to escape the dire economic situation.
The National Grid is currently receiving about 2,600 megawatts of electricity from the Thar coal reserves, which is a cheap source of energy according to him.
In order to fast track the development of coal, especially the largest coal resources of Thar, the Thar Coal and Energy Board (TCEB) has been established under the Chief Executive of the Sindh Province with representation from Federal and Provincial Governments as well.
TCEB acts as one stop organization on behalf of all Ministries, Departments and agencies of the GOP and GOS in the matters relating to approval of the Projects for Coal Mining in Thar and for coal fired Power generation plants or for other uses of Thar Coal.