BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)

ISLAMABAD: A parliamentary committee on Thursday came down hard on the government for its failure to ensure use of locally produced coal in construction of new coal power plants in Balochistan.

The Senate Standing Committee on Commerce which met here with Mirza Muhammad Afridi said that Pakistan is a coal-rich country, but coal has not been developed for power generation due to lack of infrastructure and technology.

He said that there is a need to promote low carbon energy instead of importing coal from abroad, as it can turn around the fragile economy of the country, if the standard of locally-available coal is improved.

“By using technology to increase power generation will go a long way in making the country self-sufficient, but it will boost the local industry in creating jobs,” he added.

He said that the imported coal is not only affecting the local industry, as billions of dollars foreign exchange reserves slip out of the country, which is badly affecting the economy.

In response to a question asked by Senator Usman Kakar, the committee recommended that locally-produced coal should be used in the power plants being set up at Gwadar.

Kakar said that 6,500,000 tons coal is imported, for which the government had to pay billions of dollars, but doing nothing to utilize the coal reserves, which if paid a little attention, can help in overcoming the unemployment and poverty in the country. The chairman of the committee said that all the four provinces would be told through letters by the committee to use indigenous coal in all power projects in future. The committee was also giving briefing on the proposed textile policy.

The officials said that the draft has been sent to the Economic Coordination Committee (ECC) for further deliberation.

Copyright Business Recorder, 2021

Comments

Comments are closed for this article.