AIRLINK 74.60 Decreased By ▼ -0.65 (-0.86%)
BOP 5.14 Increased By ▲ 0.03 (0.59%)
CNERGY 4.50 Decreased By ▼ -0.10 (-2.17%)
DFML 33.00 Increased By ▲ 0.47 (1.44%)
DGKC 88.90 Decreased By ▼ -1.45 (-1.6%)
FCCL 22.55 Decreased By ▼ -0.43 (-1.87%)
FFBL 32.70 Decreased By ▼ -0.87 (-2.59%)
FFL 9.84 Decreased By ▼ -0.20 (-1.99%)
GGL 10.88 Decreased By ▼ -0.17 (-1.54%)
HBL 115.31 Increased By ▲ 0.41 (0.36%)
HUBC 136.63 Decreased By ▼ -0.71 (-0.52%)
HUMNL 9.97 Increased By ▲ 0.44 (4.62%)
KEL 4.63 Decreased By ▼ -0.03 (-0.64%)
KOSM 4.70 No Change ▼ 0.00 (0%)
MLCF 39.70 Decreased By ▼ -0.84 (-2.07%)
OGDC 138.96 Decreased By ▼ -0.79 (-0.57%)
PAEL 26.89 Decreased By ▼ -0.76 (-2.75%)
PIAA 25.15 Increased By ▲ 0.75 (3.07%)
PIBTL 6.84 Decreased By ▼ -0.08 (-1.16%)
PPL 122.74 Decreased By ▼ -2.56 (-2.04%)
PRL 27.01 Decreased By ▼ -0.54 (-1.96%)
PTC 14.00 Decreased By ▼ -0.15 (-1.06%)
SEARL 59.47 Decreased By ▼ -2.38 (-3.85%)
SNGP 71.15 Decreased By ▼ -1.83 (-2.51%)
SSGC 10.44 Decreased By ▼ -0.15 (-1.42%)
TELE 8.65 Decreased By ▼ -0.13 (-1.48%)
TPLP 11.51 Decreased By ▼ -0.22 (-1.88%)
TRG 65.13 Decreased By ▼ -1.47 (-2.21%)
UNITY 25.80 Increased By ▲ 0.65 (2.58%)
WTL 1.41 Decreased By ▼ -0.03 (-2.08%)
BR100 7,819 Increased By 16.2 (0.21%)
BR30 25,577 Decreased By -238.9 (-0.93%)
KSE100 74,664 Increased By 132.8 (0.18%)
KSE30 24,072 Increased By 117.1 (0.49%)
Pakistan

Govt to spend Rs37.977mn more on Badin coal deposit's evaluation

ISLAMABAD: The government will spend Rs37.977 million more for appraisal of huge coal reserves confirmed by the Geol
Published August 2, 2017

ISLAMABAD: The government will spend Rs37.977 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 had already released Rs131.619 million in the year 2016-17, while Rs37.977 million more have been allocated to use during the current fiscal year 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 200mn 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 184bn 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 1.9bn tons and 11.2mn 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 68.52mn tons per year and providing direct employment to 300,000 workers.

Copyright APP (Associated Press of Pakistan), 2017

Comments

Comments are closed.