Malaysian firm to invest in coal power

Published September 9, 2007

ISLAMABAD, Sept 8: Malaysian Roxwelol Investment Group has shown interest to invest in coal generation and oil shale projects.

Managing Director of the group Dato Dr. Abdullah Hasbi Bin Haji Hassan stated this in a meeting with Minister for Petroleum and Natural Resources Amanullah Khan Jadoon here on Saturday.

During the meeting, the minister told the Malaysian group official that the government was taking concrete steps to exploit the untapped hydrocarbon and coal deposits at a faster pace in order to meet the growing energy needs of the country.

He said that the government has made an ambitious plan to utilise the coal deposit of 175 billion tons in Thar area of Sindh province and generate 20,000MW coal electricity by the year 2016.

He also highlighted the salient features of upcoming oil and gas projects and coal development activities.

The MD of the group expressed the desire to invest in coal generation and oil shale projects.

Opinion

Editorial

Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...
A difficult story
Updated 12 Jun, 2026

A difficult story

Unless productivity becomes the dominant target of economic policy, Pakistan will continue to oscillate between crises and fragile recovery.
Rough waters
12 Jun, 2026

Rough waters

AMONGST the key potential triggers for fresh conflict in South Asia is water. The Indian state is behaving in an...
Politicised football
12 Jun, 2026

Politicised football

ALMOST three-and-half years since Lionel Messi led Argentina to FIFA World Cup glory, the latest edition of...