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Only Thar Coal powered plants in future: PM

The government on Wednesday decided that in future only Thar coal would be used for the coal-based power generation and all conversions of existing and construction of new power projects would be designed on Thar Coal specifications. The landmark policy decision was taken by Prime Minister Raja Pervez Ashraf, while chairing a meeting of the Thar Coal and Energy Board at the Prime Minister’s Secretariat here. The meeting was informed that the Sindh Engro Coal Mining Company (SECMC) and the Engro Corporation were working on an integrated coal mine and a power project with an estimated cost of 1.3 billion dollars at Block 2 of Thar Coal Project for mining of 6.5 million tons coal per annum and a power plant of 1200 MW. The Prime Minister also decided in principle to provide a sovereign guarantee to the SECMC, a joint venture of the Government of Sindh and the Engro Power and directed the Ministry of Finance to arrange the same.

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