PM Shehbaz orders coal import from Afghanistan

Published June 28, 2022
Prime Minister Shehbaz Sharif chairs meeting on Monday. — PML-N/Twitter
Prime Minister Shehbaz Sharif chairs meeting on Monday. — PML-N/Twitter

ISLAMABAD: In a bid to produce cheap electricity to provide relief to domestic consumers and industries, Prime Minister Shehbaz Sharif on Monday directed the authorities concerned to import coal from Afghanistan.

Presiding over a meeting, the prime minister approved the import of high-quality coal from Afghanistan in rupees instead of dollars to save the country’s precious foreign exchange.

“This will not only generate cheap electricity but also help save the country’s precious foreign exchange,” he was quoted by the Prime Minister Office as saying.

The prime minister ordered improvement in the transportation of coal to be imported from Afghanistan. He also directed the Ministry of Railways to take all necessary steps to ensure prompt delivery of the imported coal to power plants.

PM Sharif also issued the directive for forming a committee of officials concerned headed by Defence Minister Khawaja Asif to expedite the import process of coal.

During the meeting, the prime minister was informed that the import of coal initially required for Sahiwal and Hub power plants from Afghanistan would save over $2.2 billion annually in the import bill.

Expressing concern over the rising price of coal in the international market, the prime minister termed it the main reason for the costly power generation from coal-based power plants in the country.

Meanwhile, Prime Minister Sharif on Monday stressed the need for collective efforts to make the polio vaccination campaign successful.

In a tweet, he said: “Polio is a deadly virus that threatens not just life but also the future of our children. It is regrettable that we have not fully eliminated it so far. Polio campaign starting today aims to target 25 most vulnerable districts. Let us make it a success & defeat polio, once for all.”

Published in Dawn, June 28th, 2022

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

Opinion

Editorial

By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...
Not without reform
Updated 22 Apr, 2024

Not without reform

The problem with us is that our ruling elite is still trying to find a way around the tough reforms that will hit their privileges.
Raisi’s visit
22 Apr, 2024

Raisi’s visit

IRANIAN President Ebrahim Raisi, who begins his three-day trip to Pakistan today, will be visiting the country ...
Janus-faced
22 Apr, 2024

Janus-faced

THE US has done it again. While officially insisting it is committed to a peaceful resolution to the...