The commercial production from Thar coal-fired power generation plant will be ready by June 2018 provided the financial closure is completed by March 2015, said Sindh Engro Mining Company (SECMC) Chief Executive Officer Shamsuddin Ahmed Sheikh.
“We are the biggest investors in energy and coal mining with an investment of US $2 billion in the country,” Sheikh told media during their visit to Tharparkar coal mines,” said a statement issued on Thursday. The visit was organised by Engro Company (PVT) Limited to enable the journalists to see themselves the progress of the project of national importance.
Shamsuddin told the reporters: “Prosperity is inevitable for the people of Pakistan and Thar through exploration of the seventh largest coal mine resources blessed by Allah Almighty to this country.”
He said this year both Prime Minister Nawaz Sharif and former president Asif Ali Zardari jointly inaugurated the Thar coal mine for cheap generation of electricity to the people and all the political parties including the Pakistan Tehreek-e-Insaf (PTI) were supporting this mega project of national interest.
Shamsuddin appreciated the federal government for including Sindh Thar coal project in Pak-China Economic Corridor and one of the priority areas in the economic development of the country. Sheikh urged the government for implementing the incentive package announced by the Economic Coordination Committee of the Cabinet (ECC) including concessionary import of machinery and other equipments required for the exploration of coal mining at Thar.