Friday 29th of March 2024
Home    |   SCCI Role & Purpose    |   Feedback   |   Contact Us
 
NEWLY OFFICE BEARERS 2022-2024 MUHAMMAD TARIQ IQBAL MUGHAL PRESIDENT, Mr. KHALID ZAMAN TOOR SENIOR VICE PRESIDENT, SHEIKH MUHAMMAD AZEEM VICE PRESIDENT      
Enter Membership ID, Company Name, Person Name, NTN or Phone
Home | CV / Job Wanted
Mining in Thar: UK firm given assurance by Sindh government
 Muzaffar Hameed May 3, 2010, 07:35:56 AM 

ISLAMABAD (July 17 2009): Sindh government has given assurance to a UK-based firm, Oracle Coalfield Plc, that it will be the first company, which will start mining in Thar, official sources told Business Recorder on Thursday. This pledge was given at a recent meeting between Oracle representatives Mike Joyce, Tony Scutt and Shahrukh Khan, at the office of the Secretary of Mines and Mineral Development in Karachi. During discussions, the delegation was informed that the work was progressing satisfactorily as per schedule, and that the feasibility study report would be completed on fast tack basis and would be finalised in November, 2009. After evaluation of feasibility report by the technical committee and its clearance, they will apply for grant of mining lease and will pay all requisite fees. Oracle representative Mike Joyce stated that that Oracle had examined Thar coal and considered it mineable. "Any suggestion to the contrary is unfounded," he said, and quoted an example of four power plants of 4000 MW, established within the radius of 10 square kilometres in Australia, with the coal quality inferior to Thar coal. The sources said Shahrukh Khan presented a copy of scoping report (study) that was scheduled for submission in June, 2009. He stated that he had forwarded the report to all concerned for their information and comments, if any. He further revealed that as a next step, they had initiated a programme for environmental and social baseline data collection, which would broadly cover the following areas: -- Mapping and topographical data, study on land use, study on socio-economic situation and infrastructure, study on demographic and ethnological profile, settlement and household composition and design, local economy and household income and livelihood, social services infrastructure, physical infrastructure, natural resource management, governance and civil society, cultural property, flora and fauna, natural vegetation/plant life, animal life, climate, water, air quality and noise, geology, geomorphology soils, social-cultural heritage, landscape and visual character, seismicity and radioactivity. Members of the delegation assured the government that after the grant of the mining lease, they would approach the PPIB for issuance of LoI within the prescribed timeframe and work on bankable feasibility would be carried out on fast track basis. According to the sources, the Secretary of Mines and Minerals, informed the meeting that their scoping report would be placed before the technical committee and observations communicated in due course of time. The sources said that Oracle assured submission of technical report by November, 2009 and ESIA by February, 2010. "We are following the timelines as per memorandum of understanding (MoU) and would not lag behind, and if every thing goes as per plan we will be able to start mining operation in 2011," the sources quoted Oracle delegation as saying. The Provincial Secretary informed the meeting that work on providing 250 cusecs water to Thar coalfields was in active consideration and preliminary report was expected within two months before preparation of PC-I for providing water from Chotiaryoon reservoir. Besides, the work on 500 KV transmission line and broad gauge railway line was also under active consideration of the concerned authorities.

Register |  Sign in
  In the Spotlight
 
  Sheikhupura Weather
Advertisements
SCCI Advertise your business with us, today! SCCI Advertise your business with us, today! SCCI Advertise your business with us, today! SCCI Advertise your business with us, today!
Sheikhupura Chamber on Facebook Sheikhupura Chamber on Twitter SCCI Advertise your business with us, today! SCCI Advertise your business with us, today!
Phone: +92 42 371 68999   fax: +92 42 371 68999   E-mail: info@scci.net.pk   Address: 23 KM, Lahore-Sheikhupura Road, Qila Sattar Shah, Sheikhupura, Punjab, Pakistan
Copyright © 2010 IT Department of Sheikhupura Chamber of Commerce. All rights reserved.
Designed & Developed By: Progressive
Total Hits: 3848876