AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

ISLAMABAD: The government will spend Rs 37.977 million more for appraisal of huge coal reserves confirmed by the Geological Survey of Pakistan (GSP) in the year 2014 after extensive drillings started since 2012.

"The government has already released Rs 131.619 million in the current fiscal year, while Rs 37.977 million more have been allocated to use during the year 2017-18 for appraisal of newly discovered coal resources in Badin and its adjoining areas of Southern Sindh," official sources in the Ministry of Petroleum and Natural Resources told APP.

According to GSP, they said the coal deposits were estimated to be over one billion tones. "The coal is of good quality and high heating value."

Besides, the sources informed that there were substantial deposits of gold, copper and more than 200 million tonnes of iron ore but these could not be exploited or utilized because of lack of infrastructure and technology.

They said efforts were also being made for exploration of tertiary coal in Central Salt Range, Punjab aimed at meeting the growing domestic energy demand and develop coal fields and increasing power generation.

The sources said exploration of oil, gas, minerals and coal resources was undertaken on regular basis which contributed significant discoveries especially in oil and gas sector.

Recent geological investigations have shown that 186 billion tonnes of coal reserves exist in different parts of the country, which could be used as a primary and inexpensive source for power generation.

"More than 184 billion tonnes deposits are located in Sindh province, with Thar coal field being the largest followed by Thatta-Sonda, Lakhra and Jhimpir.

The coal is lignite to lignite-A to sub bituminous B&C in character with an average heating value of 6000 BTU/lb."

Coal is primarily classified into four major categories, or 'ranks' like lignite, sub-bituminous, bituminous and anthracite. One of the most valuable content of coal is its carbon content which supplies most of its heating value.

The sources informed that further investigations were being carried out to explore and evaluate coal deposits in Musakhel, Kingri and Toisar Basin, Balochistan.

Answering a question, they said the mining and quarrying sector grew by 0.6 percent in 2015-16. "Estimates suggest there are copper reserves of 1.9 billion tons and 11.2 million ounces of gold in different localities."

They admitted that the primary reason for not getting maximum benefit of the natural resources was the application of out-dated technologies, poor management and inadequate capital besides security situation in some areas where the bulk of the mineral resources were located.

The mineral sector of Pakistan is spread over 600,000 square kilometers and 92 known minerals, while 52 are commercially exploited.

Presently, the sources said above 5,000 operational mines and 50,000 small and medium enterprises were producing average 68.52 million tons per year and providing direct employment to 300,000 workers.

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed.