Omar1984
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ISLAMABADPakistan has the potential to generate 50,000 MW electricity from Thar coal field for 800 years while work is on to produce 100 MW power from this field within next 15-18 months.
This was said by Dr. Samar Mubarakmand, Member, Science & Technology, Planning Commission while addressing business community at Islamabad Chamber of Commerce & Industry. He said conditions are very favorable to produce electricity from Thar through coal gasification process.
He said as a pilot project, 100 MW electricity will be produced from Thar while in the next phase 500 to 1000 MW power plants will be installed to generate power through coal gasification. He was optimistic that after about 3 years Pakistan will be able to install first 1000 MW power plant in Thar.
Dr. Samar said power generated from coal gasification will be the cheapest which will be sold to Sindh government at the rate of Rs.3.90 per unit. He said our focus is to produce turbine and generators in the country as 75 percent cost of a power plant is incurred on import of these equipments.
He said Pakistan is blessed with 1.2 trillion dollars copper and goldreserves mostly in Balochistan and our country could become financially very strong by exploiting these reserves. Highlighting other projects, he said textile and garments cities have been set up in many cities of the country to facilitate the businessmen while an Expo Centre at the cost of Rs.2.2 billion is being set up in Lahore for promotion of exports.
In his welcome address, Zahid Maqbool, President, Islamabad Chamber of Commerce & Industry (ICCI) said that manufacturing and industrial units were badly suffering due to shortage of energy and natural energy resources should be utilized to provide cheap energy to industry.