Argus Panoptes
BANNED
- Joined
- Feb 13, 2013
- Messages
- 4,065
- Reaction score
- 0
most of it yes, all of it no..
http://www.energyupdate.com.pk/download/thar-presentation-meet-press-6april12.pdf
other gold and copper deposits will remain buried like reko diq as no company want to take the risk, except Chinese companies who have the political connection
In Slide #3 of that presentation, it is stated that:
"Development of Block II alone would bring in investment of USD 12 Billion."
and:
"Entire Thar Coal Reserves can be used to generate 100,000 MW of electricity for over 200 years."
Just who is going to invest $12 billion in Thar? And is that claim of 100,000 MW for 200 years really true? Just how much investment does it take to create 100,000 MW of generating capacity?
These claims simply do not make any sense.