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Articles for tag: called, Changer, Coal, economy, electricity prices, Energy Security of Pakistan, energy transition, game, local carbon benefits, native carbon, PPIB, reducing carbon imports, renewable resources., Thar, Thar Coal, USPCAS-E

September 10, 2024

News Desk

Thar coal is called a game changer for economy

Islamabad: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “Over the next five years, we could reap the full benefits as the base load shifts to Thar coal. This will reduce power prices and have an overall impact of Rs2 to Rs3 on the basket price through the conversion of three imported units based on carbon,” he said. Nawaz was addressing a seminar on “Leveraging Domestic Coal

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