ID :
181248
Tue, 05/10/2011 - 15:10
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http://m.oananews.org//node/181248
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Chinese group offers investment in Thar Coal
Staff Reporter
Karachi, May 10, 2011 (Pakistan Observer): Advisor to the Sindh Chief Minister on Investment, Zubair Motiwala said that a Chinese group has expressed its willingness to invest dollars 15 billion in Thar coal area of Sindh.
He was addressing a ‘Diplomatic and Foreign Investment Award’ organised here Sunday night by a local monthly magazine. “Chinese Kingho Group has shown keen interest and willing to bring in the foreign investment worth $15 billion in the energy generation sector from the Thar coal area of the Sindh,” Motiwala said while addressing the gathering.
Zubair said that this investment would be the highest ever from the friendly country China. He said the Thar coal area which have a good quality of coal can produce 10,000 mw electricity by year 2020 and hoped that we can also overcome the power shortage.
Karachi, May 10, 2011 (Pakistan Observer): Advisor to the Sindh Chief Minister on Investment, Zubair Motiwala said that a Chinese group has expressed its willingness to invest dollars 15 billion in Thar coal area of Sindh.
He was addressing a ‘Diplomatic and Foreign Investment Award’ organised here Sunday night by a local monthly magazine. “Chinese Kingho Group has shown keen interest and willing to bring in the foreign investment worth $15 billion in the energy generation sector from the Thar coal area of the Sindh,” Motiwala said while addressing the gathering.
Zubair said that this investment would be the highest ever from the friendly country China. He said the Thar coal area which have a good quality of coal can produce 10,000 mw electricity by year 2020 and hoped that we can also overcome the power shortage.
