Pakistan coal reserves can produce 100,000MW energy for the next 200 year: Chairman BOI
KARACHI: Special Assistant to Prime Minister and Chairman Board of Investment Dr Miftah Ismail met a delegation of YEMA Group, headed by General Manager Chen Gang, ARY News reported.
Representatives of Private Power and Infrastructure Board (PPIB), Alternate Energy Development Board (AEDB), National Logistic Cell (NLC) and Trade Development Authority of Pakistan (TDAP) were also presented during the meeting. Chen Gang, General Manager informed that YEMA Group Limited Company engaged in foreign trade, international engineering contracting, financial investment, construction of large and medium-sized municipal construction works, cultural tourism industry, diversified development of the private enterprise group.
On the occasion Chairman Dr Miftah Ismail said that the deposit of coal in Thar Coal is about 175 billion ton, through which Pakistan can generate 0.1 million megawatt of electricity for the next 200 years.
He further said that investment in Gaddani Power Project is the top most priority of government.
Secretary board informed delegation that government desperately wants to overcome the energy crisis.
Furthermore, Director NLC, Asghar Nawaz proposed that NLC was seeking investment for construction of border terminals with the neighboring countries, included, one with china two with India and one with Iran. He also offered joint venture for the construction of motorway between Karachi-Hyderabad.