China Kingho Group to invest in Thar Coal field

"Thar coal field in Sindh is spread over more than 9000 sq km and is bestowed with 175 billion tons of lignite coal." — File Photo

ISLAMABAD: The Kingho Group being the largest private group of China has expressed its keen interest to Invest in Thar Coal project.

A seven-member delegation of M/s. China Kingho Group, headed by Executive Vice President Ma Xiaomin, visited Board of Investment (BOI) to explore investment opportunities in Pakistan in coal sector and development of coal fields of Thar, Badin, says a statement issued here.

Minister of State and BOI Chairman Saleem H.Mandviwalla stressed that in order to sustain economic growth, Pakistan needed to develop its indigenous energy resources rapidly.

KESC, Oracle to set up Thar’s first coal power plant

KARACHI: The Karachi Electric Supply Company (KESC) has signed a Memorandum of Understanding (MoU) with Oracle Coalfields, a company incorporated in England and Wales and primarily engaged in coal drilling, exploration, mining and production, to set up a major coal-fired power plant at Thar Coalfields in Sindh.

An announcement to this effect was made in a statement issued by the KESC.