Sindh Inks Energy Deals with China including Thar Coal Project

[Omar1984]

Sindh inks energy deals with Chinese companies

Thar project covers coal mining and 4,000 megawatts of power generation with an estimated investment of around $8 billion. PHOTO: FILE


KARACHI: Sindh Coal and Energy Department has been able to attract attention of two large Chinese energy companies – China Three Gorges Corporation and Orient Group, and has signed memoranda of understanding (MoUs) with them in Beijing, says a Sindh government official.

These MoUs were signed during visit of a Sindh investment delegation to China, led by Sindh Assembly speaker.

Wang Shaofeng, Vice Chairman of China Three Gorges Corp and Mohammad Younus Dagha, Secretary Coal and Energy Board signed the MoU on Tuesday. Under the agreement, the Chinese company will participate in international bidding for Thar coalfield’s blocks VIII, IX and X as well as for Sonda coalfield.

The Thar project covers coal mining and 4,000 megawatts of power generation with an estimated investment of around $8 billion.

Apart from participating in future projects in Thar, the company has already purchased a ready project in Sonda coalfield at Thatta, which was earlier developed by CMC of China for coal mining and power generation.

Another MoU was signed on Wednesday by Hongwei Zhang, Chairman of Orient Group and United Energy Group (UEG) and Mohammad Younus Dagha, Secretary Coal and Energy Board.

The MoU covers both coal power and wind energy projects in Sindh. The group has shown interest in developing coal-based power plants in Thar and Badin coalfields.

It has also acquired letter of intent for a 150-megawatt wind power project in the first two years, which the company intends to scale up to 500 megawatts in four years.

UEG has already invested in oilfields of Badin by acquiring British Petroleum’s concessions in the district. The new endeavours of UEG will bring another investment of around $1.2-$2.5 billion.

Published in The Express Tribune, November 17th, 2011


Sindh inks energy deals with Chinese companies – The Express Tribune

 

[ashokdeiva]

Congrats to the SINDH province, kindly ensure that the carbon signature by buring the coal is reduced to the best possible extent by following the best practices. So that we leave behind a better world for our children to cherish this planet.

 

[Omar1984]

Sindh Govt signs three cooperative agreements with China

BEIJING, (SANA): The government of Sindh has signed three Memorandums of Understanding (MoUs) with China Three Gorges (CTG) Corporation here on Wednesday.

The signing ceremony was witnessed by Speaker Sindh Assembly, Nisar Ahmed Khuhro, Chief Secretary of CTG Corporation Board Zhang Dingming, Ambassador Masood Khan and senior officials from both the sides.

The first MoU pertained to cooperation in generation of Wind energy. The second related to manufacturing of wind turbines and the third was regarding coal mining in Sindh.

CTG Vice-President, Mr. Shaofeng Wang and Secretary Sindh Board of Investment, Mr. Younus Dagha, signed the agreements.

Earlier, the special assignee of Chairman CTG, Mr. Zhang Dingmin held meeting Mr. Khuhro and witnessed the signing ceremony on his behalf.
Speaking on the occasion Speaker Nisar Khuhro said that there is immense potential for investment in energy sector in Sindh province.

He said that the CTG being a world renowned organization can make investment in hydro, wind and solar energy in Sindh. He said that cheap hydro power can be generated by installing run-of-the-river power plants on the Indus river.

Besides, he said, Sindh has many mineral reserves including the huge coal deposits in Thar.

“We look forward to give these agreements practical shape”, he noted.
Speaking on the occasion Mr. Zhang Dingming said that CTG is actively contributing to help Pakistan overcome the energy crisis.

“We have long association with Pakistan,” he said adding that we sincerely wish to contribute in the energy sector of Pakistan.
Mr. Zubair Motiwala, Advisor to Sindh Government on Investment briefed the meeting about the investment opportunities the Sindh Government is offering.

Ambassador Masood Khan said that it is a happy occasion for Pakistan and China. He said that CTG is greatly contributing in the hydal power in Pakistan, but now it has also come forward to help Pakistan in the generation of alternative energy.



Sindh Govt signs three cooperative agreements with China | National | South Asian News Agency

 

[true_indian]

Sometimes I wonder, don't we also have Thar on our side? Does it have similar resource potential? I only see Pakistanis claiming they found this and that in desert.

 

[ice_man]

i think an award should be given to current government for INKING HUNDREDS of deals but getting work started on none!!!!

 

[Farooq]

Did any American companies show interest in this project ?

 

[Omar1984]

i think an award should be given to current government for INKING HUNDREDS of deals but getting work started on none!!!!

They should ink agreements, and when they leave PTI will take over and work hard with our Chinese friends on these projects InshAllah.

 

[Omar1984]

Chinese companies to invest $10b in Sindh’s energy sector


KARACHI: The Government of Sindh has signed four Memoranda of Understanding (MoU) with Chinese companies worth $10 billion in the energy sector (coal, wind and solar energy) to generate 4,300 megawatts (MW) in Sindh, said Speaker Sindh Assembly Nisar Khuhro on Wednesday.

Addressing a press conference after returning from China, where he had paid a visit along with a delegation of Sindh Board of Investment, Khuhro said that the objective of his visit to China was to seek investment in the energy sector.

He further said that this had not been his first visit to bring investment in Pakistan. “I have visited China eight times for the same purpose,” he maintained.

Flanked by Sindh Board of Investment Chairman Zubair Motiwala and Secretary Yunus Dagha, he said the government would be able to produce around 4,300 MW of electricity through the Thar coal project with the investment of China. “Foreign investors have shown an interest to invest in Thar coal field where we have the world’s second largest reservoirs of coal,” he added. He said that Pakistan is facing an acute shortage of energy, which is hampering economic development.

Khuhro went on to say that the delegation had inked an agreement with Orient Group of Energy of China for production of wind energy in Sindh as well. He further said India is producing around 15,000 MW of electricity through wind system, but Pakistan has so far not utilised this.

To a question, he said that the world has progressed in harnessing solar energy but again, Pakistan is lagging in this area.

He said that a manufacturing plant will also be installed in Sindh, which will facilitate in making of wind turbines.

Published in The Express Tribune, November 24th, 2011



Chinese companies to invest $10b in Sindh

 

[salvage]

China should invest in Ski resorts in Gilgit Baltistan....like this we can attrack Russian and European tourists into best of Central Asia that also happens to be the Home of Original Silk Road.

 

[soldierofallah]

Hope this helps our economy.

 

[AZADPAKISTAN2009]

Congrats to the SINDH province, kindly ensure that the carbon signature by buring the coal is reduced to the best possible extent by following the best practices. So that we leave behind a better world for our children to cherish this planet.

If we can get 2-3 Nuclear plants that generate 1500 MW energy , each then we can reduce our carbon footprint

 

[ziaulislam]

we already have he lowest carbon foot print..so we can easily explore carbon resources..second instead of nuclear we can get double manount of power by investing in our potential of atleast 100,000 MW of easy hydro power