The picture shows the Thar coal reserves. - File Photo

ISLAMABAD: The federal government on Saturday released Rs 90m for establishing two power plants in Tharparkar yielding 50MW each, DawnNews reported.

According to the Planning Commission of Pakistan, the total cost of this project is Rs8.9bn and this is the first time when funds for this project have been released.

The project involves generation of electricity by converting the coal found underground in Tharparkar to gas.

The project has been deferred since 2009.

Foreign aid amounts to Rs5.85bn in the project.

In the current fiscal year, the government has allocated Rs.90m for the project. These funds have been released in the first quarterly of the fiscal year and will enable the long delayed work to begin on the two power plants in Tharparkar.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Energy inflation
Updated 23 May, 2024

Energy inflation

The widening gap between the haves and have-nots is already tearing apart Pakistan’s social fabric.
Culture of violence
23 May, 2024

Culture of violence

WHILE political differences are part of the democratic process, there can be no justification for such disagreements...
Flooding threats
23 May, 2024

Flooding threats

WITH temperatures in GB and KP forecasted to be four to six degrees higher than normal this week, the threat of...
Bulldozed bill
Updated 22 May, 2024

Bulldozed bill

Where once the party was championing the people and their voices, it is now devising new means to silence them.
Out of the abyss
22 May, 2024

Out of the abyss

ENFORCED disappearances remain a persistent blight on fundamental human rights in the country. Recent exchanges...
Holding Israel accountable
22 May, 2024

Holding Israel accountable

ALTHOUGH the International Criminal Court’s prosecutor wants arrest warrants to be issued for Israel’s prime...