Small industries Sector in Pakistan has reached a point of collapse due to high cost of manufacturing and sky rocketing prices of electricity and gas tariffs whereas no practical efforts were made to overcome power crises. Pakistan is facing serious economic challenges besides no country is willing to invest in Pakistan owing to deteriorating law and order conditions and volatile political situation.
However, the United States has hinted at providing finance for establishing power generating units based on coal. Talking to newsmen Senator Mohammad Amin Dadabhoy said that Pakistan has enough coal deposits to meet its power generation requirements for over 150 years.
He said that it is the need of the time that the government in collaboration with private sector establishes units for power generation based on coal, which will not only help to overcome power crises but also help to keep the industries operating smoothly. He said that Pakistan must pursue those countries who have shown interest to utilise coal reserves of Pakistan for power generation.
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