AIRLINK 189.64 Decreased By ▼ -7.01 (-3.56%)
BOP 10.09 Decreased By ▼ -0.05 (-0.49%)
CNERGY 6.68 Decreased By ▼ -0.01 (-0.15%)
FCCL 34.14 Increased By ▲ 1.12 (3.39%)
FFL 17.09 Increased By ▲ 0.44 (2.64%)
FLYNG 23.83 Increased By ▲ 1.38 (6.15%)
HUBC 126.05 Decreased By ▼ -1.24 (-0.97%)
HUMNL 13.79 Decreased By ▼ -0.11 (-0.79%)
KEL 4.77 Increased By ▲ 0.01 (0.21%)
KOSM 6.58 Increased By ▲ 0.21 (3.3%)
MLCF 43.28 Increased By ▲ 1.06 (2.51%)
OGDC 224.96 Increased By ▲ 11.93 (5.6%)
PACE 7.38 Increased By ▲ 0.37 (5.28%)
PAEL 41.74 Increased By ▲ 0.87 (2.13%)
PIAHCLA 17.19 Increased By ▲ 0.37 (2.2%)
PIBTL 8.41 Increased By ▲ 0.12 (1.45%)
POWER 9.05 Increased By ▲ 0.23 (2.61%)
PPL 193.09 Increased By ▲ 9.52 (5.19%)
PRL 37.34 Decreased By ▼ -0.93 (-2.43%)
PTC 24.02 Decreased By ▼ -0.05 (-0.21%)
SEARL 94.54 Decreased By ▼ -0.57 (-0.6%)
SILK 0.99 Decreased By ▼ -0.01 (-1%)
SSGC 39.93 Decreased By ▼ -0.38 (-0.94%)
SYM 17.77 Decreased By ▼ -0.44 (-2.42%)
TELE 8.66 Decreased By ▼ -0.07 (-0.8%)
TPLP 12.39 Increased By ▲ 0.18 (1.47%)
TRG 62.65 Decreased By ▼ -1.71 (-2.66%)
WAVESAPP 10.28 Decreased By ▼ -0.16 (-1.53%)
WTL 1.75 Decreased By ▼ -0.04 (-2.23%)
YOUW 3.97 Decreased By ▼ -0.03 (-0.75%)
BR100 11,814 Increased By 90.4 (0.77%)
BR30 36,234 Increased By 874.6 (2.47%)
KSE100 113,247 Increased By 609 (0.54%)
KSE30 35,712 Increased By 253.6 (0.72%)

Pakistan Muslim League-Nawaz (PML-N) leader, Muhammad Pervez Malik has demanded of the government to immediately release funds for Thar Coal Project, being the most important project for national economy. Expressing concern over the reports that ministry of finance is not releasing funds for the project, he said the country is facing the worst energy crisis.
"Unlimited gas closure to industries in Punjab and more than 12-hour electricity load-shedding has crippled industrial and economic activities," he said, adding, "Government's least interest in resolving the issue of energy crisis has pushed the sector to the wall." According to him, unavailability of gas and electricity has forced a large number of industrialists to close down their sectors or shift the same to other countries, thus rendering millions of workers jobless.
He warned that Thar Coal Project would face serious threat if the finance ministry does not release funds immediately. He noted that despite gasification, gas is being wasted. He said that almost Rs two billion is needed immediately but finance ministry 'has not issued a single rupee during the current fiscal year'.
He observed that PPP leaders raised the slogans of "roti, kapra aur makan" in last general elections but done the vice versa. He said that condition of masses, national economy, and trade & industry are very fragile due to the non-friendly and groundless policies of present regime.
The PML-N leader said Thar Coal is a project of national importance and would not only help resolve energy crisis but extra gas and electricity would also be exported. However, government is not releasing funds for this project and wasting huge national exchequer on non-productive visits of Asif Ali Zardari and his relatives, he concluded.

Copyright Business Recorder, 2012

Comments

Comments are closed.