Sindh Chief Minister vows to boost mineral investment
Sindh Chief Minister Syed Murad Ali Shah reviewed mining projects and investment opportunities at the CM House in Karachi on Wednesday.
Minister briefs chief minister on reserves
Mines and Minerals Minister Syed Sardar Shah presented details on coal and non-coal resources during the meeting. He outlined existing operations and strategies for sustainable development to attract domestic and international capital. The chief minister emphasized unlocking wealth through scientific exploration and modern technology for better livelihoods.
Thar coalfield holds massive reserves
The Thar coalfield contains 175 billion tonnes of reserves with an energy equivalent of 50 billion tonnes of oil. Coal-related gas-equivalent resources total 2,000 trillion cubic feet according to the briefing provided by the minister. Two major projects under the CPEC early harvest programme were reviewed for their power generation capacity.
SECMC and SSRL project details
With an annual mining capacity of 11.2 million tonnes, The Sindh Engro Coal Mining Company produces 1,980 megawatts. The provincial government holds a 54.7 per cent share while investing Rs 12.9 billion in equity capital. The Sino-Sindh Resources Limited project has a mining capacity of 7.8 million tonnes with private investment exceeding $2.6 billion.
2 outlets, different leads
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Business Recorder
Sindh CM vows to promote investment in vast mineral resources
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Dawn
Sindh to unlock mineral wealth through scientific exploration, responsible mining
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2 independent outlets. Headlines as published. Links open the original report.