Govt Paying Attention To Exploit Potential Of Indigenous Energy Resources

Thar coal, which the previous administration neglected, is once again receiving attention. Thar is used to generate electricity at a rate of about 3300 megawatts.

Govt Paying Attention To Exploit Potential Of Indigenous Energy Resources

In order to generate affordable electricity and lessen reliance on imported fuel, the government is paying special attention to utilising the potential of indigenous energy resources.

Thar coal, which the previous administration neglected, is once again receiving attention. Thar is used to generate electricity at a rate of about 3300 megawatts.

According to sources, four Thar coal projects have been finished in the last year. They continued, “The coalition government has also planned 10,000 megawatts of solarization projects. Governmental building solarization is also included in this. In this green energy initiative, the government is also looking for foreign investment.

In light of the ongoing economic crisis, efforts are being concentrated on utilising indigenous renewable energy sources, such as wind, solar, and bagasse, to boost installed energy generation capacity in order to meet rising domestic and industrial demand.

This will also reduce the country’s reliance on expensive imported fuel. In order to save valuable foreign currency used to import the fuel for energy, the country has decided to increase its installed energy capacity by more than 77 percent through indigenous resources, according to the sources.

This decision was made amid the economic crisis and the fight to revive a $7 billion International Monetary Fund (IMF) bailout programme that has stalled.

An official stated: “We are working hard to switch to indigenous resources of solar, wind, coal, and bagasse by 2031. Pakistan’s dependence on imported fuel would drastically reduce from current levels of 45 percent to less than 23 percent.”

The Sindh Engro Coal Mining Company (a joint venture between the government of Sindh and Engro Corporation) and China Machinery Engineering Corporation developed the Engro Thar Coal Power Project (Thar-ll) as a part of the China-Pakistan Economic Corridor in the Thar Block-II of the Thar Coalfield, Tharparkar District, Sindh, Pakistan, 25 kilometres from the town of Islamkot and close to the village of Singharo-Bitra.