KARACHI Chief Minister Sindh Syed Qaim Ali Shah on Saturday presided a meeting regarding Thar Coal infrastructure development. President Engro Asad Umar along with CEO Engro Power Gen Khalid Mansoor informed the meeting that a detailed Bankable Feasibility Study has been completed by the internationality renowned Consultants as per target date of August 31, 2010. He briefed the participants that technical, environment and social viability of the Project has been confirmed meeting all international lenders standards (IFC/World Bank, ADB etc.). CEO Engro emphasised that early closure of infrastructure activities are critical for Thar Coal project timelines. Sindh Secretary Coal & Energy Development Department Ajaz Ali Khan briefed the meeting about status of various initiatives taken by the Government of Sindh to meet the timelines. He informed that PC-1 for 300 cusecs water supply schemes has been approved by PDWP in July 2010, consultants have been mobilised for preparing feasibilities for effluent disposal and broad gauge railway link and PC-I for up-graduation of roads has been prepared by Works & Services Department. Aijaz Ali Khan presented a revised strategy for addressing infrastructure milestones. The Chief Minister Sindh appreciated the SECMC for completing the detailed feasibility within record 8 months. The Chief Minister after detailed discussions decided to constitute a Ministerial Committee to expedite infrastructure schemes related to Thar coal. The Committee will approach key Federal Ministers as team and expedite approvals required for infrastructure scheme on priority basis. The Committee shall be comprised of Syed Ali Nawaz Shah, Agriculture Minister, Syed Murad Ali Shah, Finance Minister, Jam Saifullah Dharejo, Irrigation & Power Minister, Dr Kaiser Bengali, Advisor to Chief Minister Sindh for P&D and Aijaz Ali Khan, Secretary C&EDD, to act as Secretary of the committee. It was informed that the Government of Sindh with allocate Rs 10 billion every year for the next five years for Thar Coal infrastructure schemes. It was decided that the Federal Government will be approached and requested to provide matching grant of Rs 10 billion each year as being committed by GoS so that unwavering commitment can be reflected for Thar Coal development. It was decided that the black allocation of Rs 8 billion in ADP 2010-11 earmarked for Thar coal development will be distributed to critical infrastructures schemes required for Thar Coal development viz Rs 4.0 billion to I&P for Makhi-Farsh water supply scheme, Rs 2.0 billion to SIDA/I&P for effluent drainage Scheme; and Rs 2.0 billion to NTDC for initiating laying of transmission lines. This allocation and transfer of funds would initiate development activities. It was further decided that Rs 2.0 billion allocated in the year 2010-11 for coal fund shall be transferred to Fund Management House so that it can later on be secured and transferred as share of quit to mining project. The Chief Minister Sindh approved that coal related projects and ADP schemes will be exempted from the policy of 50% proposed cut. The Chief Minister Sindh assured his full support and dedication to the strategy proposed by C&EDD and as decided by the President of Pakistan, a working engagement with multi-laterals and lenders be arranged with full support of Federal & Sindh Government for infrastructure financing an project financing. A campaign will be launched to seek international financing for infrastructure Development. First such conference will be held in China in liaison with Paks economic Minister at Beijing. The meeting decided that the Federal Government may establish dedicated cell/wing at Ministry of Water & Power to expedite processing of Thar Coal related infrastructure prospects in shortest possible time. As part of strategy to expedite infrastructure development related to Thar Coal it was decided that an international EOI will be floated to seek proposal from international companies interested in Thar Coal Infrastructure project. The CM also assured that Government of Sindh is fully committed to the Thar Coal Development and will also pursue all the quarters concerned to expedite Thar Coal development. The Meeting was attended among others by Syed Ali Nawaz Shah, Senior Minister Agriculture, Syed Murad Ali Shah, Minister Finance, Jam Saifullah Khan Dharejo, Minister Irrigation & Power, Jam Mehtab Hussain Dahar, Minister Revenue & Relief, and Dr Kaiser Bengali, Advisor to Chief Minister Sindh for P&D.