If All The Oil Reserves of Saudi Arab & Iran Put jointly
These Are just about 375 Billion Barrels,
A Single Thar Coal Reserve of Sindh is about 850 Trillion Cubic Feet,
Which is additional Than Oil Reserves Of Saudi & Iran.
These assets estimated at 850 trillion cubic feet (TCF) of gas, about 30 times higher thanPakistan ‘s established gas reserves of 28 TCF.
Dr Murtaza Mughal president of Pakistan Economy Watch in a declaration said that these reserves of coal worth USD 25 trillion can not only cater the electricity supplies of the country for next 100 years but also save just about four billion dollars in staggering oil import bill.
Just 2% usage of Thar Coal Reserve Can Produce 20,000 Mega Watts of Electricity for next 40Years, without any single Second of Load cracking.
and if the whole reserves are utilized, then it could effortlessly be probable how much energy could be generated.
The coal power generation would cost Pakistan PK.R 5.67 per unit while power generated by Independent Power Projects cost PK.R 9.27.
It Requires Just original 420 Billion Rupees original Investment,
Whereas Pakistan Receives once a year 1220 Billion from Tax Only.
Chinese and other companies had not only approved out surveys and feasibilities of this project but also obtainable 100 percent savings in last 7 to 8 years but the “Petroleum Gang” always dispirited them in a very methodical way.
But Petroleum lobby , is very strapping in Pakistan and they are against any other means of power generation excluding for the imported oil. This lobby is major benefactor of the increasing oil bill that is probable above 15 billion dollar this year. Even GOVT. is planning to Sell all these reserve to a company on a very low price.
When Parvez Musharraf was president he gave green signal to embark upon the opening of work on exploiting energy possible of these coal reserves of Thar under a fresh strategy.
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