Pakistan turns to coal to keep factories running

MONITORING REPORT ISB: The government of Pakistan has signed a number of financial and technological agreements with China aimed at exploiting massive coal reserves at the Tharparkar mine in Sindh province.

Under the terms of these agreements, 3.8 million tons of coal will be produced each year at the Tharparkar open-cast mine to fuel a 660MW power plant and other facilities.

The estimated cost of the project is $2 billon: China’s banks and private companies will provide $1.5

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