Prime Minister Shahbaz Sharif has inaugurated a 330 MW power plant under CPEC Block II completed by Hubco company in district Tharparkar on Monday.
On the occasion, he was given a detailed briefing about the CPEC projects by Chief Minister of Sindh Syed Murad Ali Shah.
The Chief Minister briefed that CPEC is a game changer for Pakistan’s economy.
He said that generating electricity from Thar Coal required an extensive road network, bridges and an airport.
The Chief Minister said that the Sindh government built the infrastructure of Thar by spending 750 million dollars.
He informed that, according to the geological Survey of Pakistan, Thar coal has 175 billion tons of coal reserves and it has a total of 13 blocks, we were working on Block II and Block I.
He further informed that, in 2014, work was started on a coal mine power project under CPEC and in 2015, the federal government issued a sovereign guarantee for the project.
The Chief Minister said that, the power generation capacity of this power project will increase to 2640 MW by the end of this year.
He further informed that, there will be an extraordinary increase in the country’s economy from Thar coal by the year 2030.
Prime Minister Shehbaz Sharif on Oct 6 said that the expansion project of the rail link to Thar coal mines will ensure efficient coal transportation and help generate inexpensive electricity.
PM Sharif addressed the memorandum of understanding (MoU) signing ceremony between the Ministry of Railways, the Government of Pakistan and the Government of Sindh with regards to the connectivity of Thar coal to the existing network of Pakistan Railways.
He said the federal and Sindh governments came together to ink the MoU and expressed the hope that it would be implemented by March 2023, enabling the transportation of coal to all parts of the country.