Karachi: The Sindh government has officially invited Australian firms to invest in the coal reserves located in Thar, according to a news report. Chief Minister (CM) Syed Murad Ali Shah extended this invitation at a formal meeting with Australian High Commissioner in Pakistan Dr Geoffrey Shaw.
Australia is one of the world’s largest coal mining, exploration and exporting countries, and has the necessary expertise and resources to utilise this project to its maximum potential.
Previously, the Sindh Coal Authority (SCA) had approved the auction of four more blocks in the Thar coalfield. Each of these blocks is expected to attract USD 1-1.5 billion in investment; with the total inflows of USD 6 billion expected.
CM Shah briefed the Australian High Commissioner about these details, and also that there were around 10 blocks available for exploration, with each block spread over a 100 square kilometres. He invited Australian firms to invest in these blocks, and highlighted the benefits of being part of Thar coal and energy projects.
