Chairman Sindh Board of Investment (SBI) Muhammad Zubair Motiwala appreciated M/s Ching Tai New Energy Hong Kong Cooperation Ltd for taking interest in Thar Coal mining through Coal Water Slurry (CWS) Technology, which is most efficient and environmental friendly technology to burn coal into fuel. This he said while holding a meeting with Samson Pan, Chairman M/s Ching Tai New Energy Hong Kong Cooperation Ltd at his office in Karachi.
The Chairman SBI offered full support in facilitating for swift materialisation of their intent to invest in Sindh. Muhammad Zubair Motiwala said that Sindh is blessed with world class coal reservoirs which have been internationally verified. The coal of Thar contains less than 1% of sulphur which is next to none as compared to other countries of world. A detailed presentation on Thar Coal was being delivered to the delegation. On the occasion Mr. Samson Pan informed that M/S Chnig Tai New Energy Corporation which is a Hong Kong based company desired to invest in Thar Coalfields. They show keen interest in Thar Coal mining project and to invest in one of the blocks. He said that Pakistan, China and other countries are facing energy and environmental problems were as high cost of oil and natural gas causes expensive energy and limit our growth potential.
