Pakistan aur Pakistani: 12/26/09

Thar Coal Reserves

These Are Approximately 375 Billion Barrels,
But
A Single Thar Coal Reserve of Sindh is about 850 Trillion Cubic Feet,
This is More Than Oil Reserves of Saudia & Iran.

These reserves estimated at 850 trillion cubic feet (TCF) of gas,

about 30 times higher than Pakistan’s proven gas reserves of 28 TCF.

Dr Murtaza Mughal president of Pakistan Economy

in a statement said that these reserves of coal worth USD 25 trillion can not only

cater the electricity requirements of the country for next 100 years

but also save almost four billion dollars in staggering oil import bill.

Just 2% usage of Thar Coal Can Produce 20,000 Mega Watts of Electricity

for next 40 Years,

without any single Second of Load Shedding.

And if the whole reserves are utilized,

then it could easily be imagined how much energy could be generated.

The coal power generation would cost Pakistan PKR 5.67 per unit

while power generated by Independent Power Projects cost PKR 9.27.

It Requires Just Initial 420 Billion Rupees Initial Investment,
Whereas Pakistan receives annually 1220 Billion from Tax Only.

Chinese and other companies had not only carried out surveys and
feasibilities of this project but also offered 100 percent investment
in last 7 to 8 years but the “Petroleum Gang” always discouraged
them in a very systematic way.Petroleum lobby , is very strong in Pakistan and
they are against any other means of power generation except for the imported oil.
This lobby is major beneficiary of the increasing oil bill that is estimated
above 15 billion dollar this year.