The Director-General, Sindh Coal Authority, Abbas Ali Shah, and Iqbal Z Ahmed of Associate Group signed the MoU. On this occasion, Sindh Chief Minister Dr Arbab Ghulam Rahim said that there were ample opportunities for foreign investment in minerals based projects in the province.
He said that in view of huge coal reserves in Thar the government was encouraging different projects that would use coal as the main material for industrial activities.
The company has already started work on feasibility report for power plants.
The chief minister said that there was no law and order concern in Thar and the entire region was rich in mineral resources. Coal reserves are one of the biggest in the world, he added.
He said that work on water the project was in progress and soon there would be plenty of water supply for industrial and other uses.
Minister for Mineral Development Irfanullah Marwat said that extractable coal would be enough to produce 10,000 mw electricity. He said he would provide help to investors and protect their investment. Secretary Mines and mineral Abdul Majeed Akhund, Director General Mines and Mineral Sohail Akber Shah were also present on the occasion.