• AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees
Thursday, May 28, 2026
  • Login
No Result
View All Result
Economy.pk
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates
No Result
View All Result
Economy.pk
No Result
View All Result

Thar Block 1 Coal Reserve to Help Resolve Energy Crisis: Sino Sindh Resources (Pvt) Limited

by Web Desk
February 3, 2022
in Business, Economy
0
50
SHARES
1.5k
VIEWS
Share on FacebookX

After mining the first lignite layer in Thar Block 1, Sino Sindh Resources (Pvt) Limited (SSRL) said the development would greatly help towards resolving Pakistan’s energy crisis.

On 31 January, the first lignite deposits were mined from the Block 1 coal mine at Thar Coal Fields near Islamkot. Block 1 is the largest coal mine in Pakistan with reserves of 3 billion tonnes (or 5 billion barrels of crude oil equivalent) with an annual production of 7.8 million tonnes in the first phase alone. Block 1 is owned and operated by SSL, of which Shanghai Electric Group is a major shareholder. SSL CEO Lee Jagan described the findings as a big step forward, adding that the first coal reserves will help solve the energy crisis, create jobs and increase trade, and more. Activities in Thar” Developing a local resource base in Thar will go a long way towards achieving Pakistan’s long-term goals of energy security, economic security, and sovereignty.”

Thar coal can be used to generate electricity in Minemouth Plus and can be used as an alternative to imported coal and also to make various chemicals that Pakistan currently imports.“The continued vision of the Pakistani government and the unwavering support of Chinese leaders and brothers has now made Thar’s dream a reality,” Leg in said. Recorded. Block Thar 1 is classified as an “Early Harvest Project – EHP” under the China -Pakistan Economic Corridor (CPEC), a major project of China’s historic Belt and Road Initiative (BRI). It is possible to achieve unprecedented levels of infrastructure and development in future countries.BRI

Web Desk

Web Desk

Related Posts

Pakistan, China agree to strengthen deep-rooted multifaceted ties

Pakistan, China agree to strengthen deep-rooted multifaceted ties

by Web Desk
May 26, 2026
0

Pakistan and China have reaffirmed their commitment to strengthening bilateral ties, strategic cooperation, and political mutual trust during Prime Minister...

IT exports expected to reach $4bn during current fiscal year, PM told

IT exports expected to reach $4bn during current fiscal year, PM told

by Web Desk
May 11, 2026
0

Prime Minister Shehbaz Sharif was informed on Monday that Pakistan’s IT exports are projected to reach between $4.5 billion and...

IMF approves $1.32b financing for Pakistan

IMF approves $1.32b financing for Pakistan

by Web Desk
May 9, 2026
0

The Executive Board of International Monetary Fund has approved one point three-two billion dollars financing for Pakistan under its Extended...

Pakistan speeds up taxation proposals ahead of key IMF budget talks

Pakistan speeds up taxation proposals ahead of key IMF budget talks

by Suneela Zulfiqar
May 6, 2026
0

With talks expected to begin with the International Monetary Fund (IMF) on May 12, 2026, to finalise the overall framework...

SBP says uncertainty may hurt financial stability prospects

Middle East conflict: SBP says uncertainty may hurt financial stability prospects

by Suneela Zulfiqar
May 6, 2026
0

The State Bank of Pakistan (SBP) has warned that ongoing uncertainty due to the Middle East conflict could create downside...

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

AI startup Cursor with Pakistani co-founder set for $60bn deal with SpaceX

by Web Desk
April 24, 2026
0

SAN FRANCISCO: Cursor, an AI code-generation startup co-founded by Pakistani-born entrepreneur Sualeh Asif, has entered into a landmark $60 billion...

Next Post
Karachi to install first-ever zip line at Bagh Ibn-e-Qasim

Karachi to install first-ever zip line at Bagh Ibn-e-Qasim

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Ads

  • AED to PKR – Convert UAE Dirhams to Pakistani Rupees
  • CAD to PKR – Convert Canadian Dollars to Pakistani Rupees
  • Economy.pk
  • GBP to PKR – Convert British Pounds to Pakistani Rupees
  • SAR to PKR – Convert Saudi Riyals to Pakistani Rupees
  • USD to PKR – Convert US Dollars to Pakistani Rupees

© 2026 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Business
  • Economy
  • Technology
  • Sports
  • Education
  • Health
  • Politics
  • World
  • Gold Rates

© 2026 All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.