Tag: Coal

KARACHI - The Pakistan Institute of Labour Education and Research (PILER) has expressed concern over an explosion due to accumulation of methane gas at the Sorange coal mine in Balochistan, resulting in the death of 45 of the 52 miners working at the mine at the time of the explosion. In a statement issued on Monday, PILER Executive Director Karamat Ali expressed serious concern over the absence of an effective occupational health and safety policy in the country, resulting in deaths

KARACHI - Power plants of 3,000MW are running on furnace oil in Pakistan, and if measures are taken to convert them to coal, the country would be in a position to save approximately $1 billion a year, said Karachi Electric Supply Company (KESC) Strategic Planning and Business Development Manager Muhammad Ammar Ali Talaat on Saturday. He was speaking at an Energy Awareness Conference, with the KESC as the lead sponsor, at the NED University.
The conference was aimed at creating

KARACHI - The Sindh government asked the World Bank (WB) on Wednesday to review its decision of not assisting in the development of the Thar coal energy project and provide support to make the scheme possible. Sindh Chief Minister Qaim Ali Shah made this request during a meeting with a WB delegation at the Chief Minister's House.
The WB officials assured the chief minister that they would review the necessary modalities and further discuss the issue at another meeting to be held

FAISALABAD - Pakistan's nuclear scientist Dr Samar Mubarakmund has said that Pakistan's Thar coal deposits are a blessing and Pakistan can obtain the cheapest electricity generation through coal gas to overcome its energy crisis.
He was speaking at a seminar titled "Energy Crisis in Pakistan" held at Faisalabad Chamber of Commerce and Industry (FCCI) at East Canal Road. He said the underground coal deposits spreading over 9,600 square kilometers in Sindh were 100 times more in

KARACHI - The Thar Coal Energy Board (TCEB) has directed that the companies involved in drilling at Thar coal sites should be instructed to take utmost care in order to prevent water from entering the coal seam zone.
These directives were given in the light of the first test burn of the underground coal gasification (UCG) project at Thar in March this year that will initially produce three to five megawatts electricity.
According to the minutes of TCEB's 10th meeting, UCG

KARACHI - The Thar Coal Energy Board (TCEB) has approved the Resource Pricing mechanism as the standard coal pricing system in the case of the Thar project in its tenth board meeting held in November last year. However, the board advised the consultant, Ernst and Young, to prepare a long term scenario in which 10-15,000 megawatts of power is generated from Thar Coal instead of merely 12,000 MW so as to develop a sustainable long-term coal project exploiting the economies of scale with

KARACHI: A likely rise of eight percent in international coal prices due to supply concerns will encourage local manufacturers to raise their prices. Coal is an essential raw material in cement production. This rise comes at a time when there is a 12 percent monthly decline in domestic cement sales in November.
The international coal prices have shot up to $117 per tonne recently since December 1, due to supply concerns arising due to floods in Australia, the world's biggest

KARACHI: The country's vast coal reserves in Thar, if harnessed properly, can provide reliable, affordable and large scale power generation that will reduce the burden of the energy import bill on the country's meager resources. This was indicated in a position paper, recently prepared by the Thar Coal and Energy Board (TCEB) and the Sindh Engro Coal Mining Company.
80 percent of the national energy requirement could be met through power generated through the Thar coal deposits

HOUSTON: Pakistan offers tremendous opportunities for American investors in energy sector and foreign companies can greatly benefit from business-friendly environment, geared towards meeting the country's fast-growing energy requirements, Islamabad's envoy to the United States Husain Haqqani stated.
Ambassador Husain Haqqani told participants of a conference, focusing on the extraction of Thar coal and Pakistan's energy potential, that there are lucrative business prospects in

KARACHI: The Sindh government has decided to approach the European Union (EU) to benefit from the Research Fund for Coal and Steel (RFCS) in its quest to develop the Thar and Badin coalfields and overcoming the persistent energy crisis, Pakistan Today has learnt.
It would also seek the latest research data and information on the underground coal gasification technology from the EU that would assist in harnessing the coalfields.
Direct funding from the RFCS is restricted to

KARACHI: The provincial government has instructed the Sindh Environmental Protection Agency (SEPA) to develop legal and regulatory environmental standards on the pattern of international laws for large-scale coal mining operations at Thar coalfields in compliance with the World Bank's guidelines, Pakistan Today has learnt.
Sources said that the provincial environmental watchdog must frame the environmental laws before development work at Thar coalfields and other coal reserves of

KARACHI: The Sindh government announced on Tuesday the feasibility study for Thar coal had been completed and some two billion tons of coal reserves were in block-II that would generate 5,000MW electricity for the next 50 years.
The announcement was made at a ceremony held at the chief minister's House in presence of Chief Minister Qaim Ali Shah, provincial ministers and advisers of the finance, planning and development departments, and officials of the Engro Coal Mines

NEW DELHI: The Indian government will raise up to $3.5 billion from a price band of 225 rupees to 245 rupees for state-run Coal India's initial public offering, the largest in the country's corporate history.
The Indian government is selling 631.6 million shares, or 10 percent stake in the world's largest coal miner. The share sale is part of the country's plan to divest its stakes in roughly 60 companies over the next few years.
"I think the pricing is much better than