Thar Coal Authority formed to attract investment

ISLAMABAD (APP) - The federal government has formed Thar Coal Authority to attract investment for coal mining and coal gasification at Thar and other areas in the Sindh province for power generation. According to official sources, Prime Minister Syed Yousuf Raza Gilani has finally approved the constitution of Thar Coal Authority. They said a notification has been issued in this regard by the Cabinet Division under which Chief Minister Sindh will be the Chairman of the authority while Vice Chairman will be Federal Minister for Water and Power and Deputy Chairman Planning Commission will be its Deputy Chairman.  Other members of the authority include Secretary Water and Power, Chief Secretary Sindh and one minister from Sindh cabinet while Managing Director/Secretary of the authority will be appointed later who will also act as member of the authority.  Sources said after formation of this authority the government has abolished Thar Coal Mining Company and Sindh Coal Authority. They added the head office of the authority will be in Karachi.  Sources said the authority will act as a one-stop organization on behalf of all ministries, departments, and agencies of the federal govt and those of govt of Sindh in the matter relating to development, leasing/sub-leasing at Thar, mining, development of clean coal technologies, R&D activities and other allied matters including gasification of Thar coal.  The authority will be responsible to attract investment for coal mining and or coal gasification at Thar and other areas in Sindh province, to be used for power generation and other purposes, by creating a conducive environment through conducting bankable feasibility and other relevant studies.

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