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

by News Desk
February 3, 2022
in Business, Economy
Reading Time: 2 mins read
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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

News Desk

News Desk

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