December bidding: Japan expresses interest in Thar coal

Published: November 30, 2011
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Thar project covers coal mining and 4,000 megawatts of power generation with an estimated investment of around $8 billion.  PHOTO: FILE

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 Secretary and Thar Coal and Energy Board Managing Director Younus M Dhaga told The Express Tribune that the Japanese Ambassador to Pakistan had contacted the Sindh government and expressed interest in the Thar coal project.

He said that a special briefing about the project had been given to the Japanese ambassador and the experts of Japan International Cooperation Agency (JICA), following which the JICA expressed their interest in the project.

Two major Chinese investment groups have also already shown their interest to invest $9 billion in the Thar coal projects. Furthermore, a Korean company has also assured participation in the bidding of more blocks due in December.

Published in The Express Tribune, November 30th, 2011.

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