AGL 37.94 Increased By ▲ 0.09 (0.24%)
AIRLINK 155.22 Increased By ▲ 12.75 (8.95%)
BOP 9.07 Increased By ▲ 0.06 (0.67%)
CNERGY 6.72 Increased By ▲ 1.00 (17.48%)
DCL 9.53 Increased By ▲ 0.29 (3.14%)
DFML 40.31 Increased By ▲ 0.87 (2.21%)
DGKC 92.95 Increased By ▲ 3.64 (4.08%)
FCCL 38.38 Decreased By ▼ -0.16 (-0.42%)
FFBL 78.58 Increased By ▲ 1.14 (1.47%)
FFL 13.60 Decreased By ▼ -0.02 (-0.15%)
HUBC 110.19 Increased By ▲ 0.90 (0.82%)
HUMNL 14.89 Decreased By ▼ -0.24 (-1.59%)
KEL 5.73 Decreased By ▼ -0.05 (-0.87%)
KOSM 8.47 Increased By ▲ 0.27 (3.29%)
MLCF 45.66 Increased By ▲ 1.13 (2.54%)
NBP 76.17 Increased By ▲ 2.55 (3.46%)
OGDC 191.87 Increased By ▲ 0.11 (0.06%)
PAEL 30.48 Increased By ▲ 2.77 (10%)
PIBTL 8.16 Increased By ▲ 0.17 (2.13%)
PPL 166.56 Decreased By ▼ -0.61 (-0.36%)
PRL 29.44 Increased By ▲ 2.61 (9.73%)
PTC 20.07 Decreased By ▼ -0.62 (-3%)
SEARL 96.62 Decreased By ▼ -0.91 (-0.93%)
TELE 8.27 Increased By ▲ 0.06 (0.73%)
TOMCL 34.26 Decreased By ▼ -0.74 (-2.11%)
TPLP 10.22 Increased By ▲ 0.32 (3.23%)
TREET 17.66 Increased By ▲ 0.31 (1.79%)
TRG 61.25 Increased By ▲ 0.25 (0.41%)
UNITY 31.97 Increased By ▲ 0.33 (1.04%)
WTL 1.47 Increased By ▲ 0.01 (0.68%)
BR100 11,216 Increased By 119.9 (1.08%)
BR30 33,650 Increased By 395.8 (1.19%)
KSE100 104,559 Increased By 1284.1 (1.24%)
KSE30 32,366 Increased By 396.5 (1.24%)

ISLAMABAD: A parliamentary committee on Thursday came down hard on the government for its failure to ensure use of locally produced coal in construction of new coal power plants in Balochistan.

The Senate Standing Committee on Commerce which met here with Mirza Muhammad Afridi said that Pakistan is a coal-rich country, but coal has not been developed for power generation due to lack of infrastructure and technology.

He said that there is a need to promote low carbon energy instead of importing coal from abroad, as it can turn around the fragile economy of the country, if the standard of locally-available coal is improved.

“By using technology to increase power generation will go a long way in making the country self-sufficient, but it will boost the local industry in creating jobs,” he added.

He said that the imported coal is not only affecting the local industry, as billions of dollars foreign exchange reserves slip out of the country, which is badly affecting the economy.

In response to a question asked by Senator Usman Kakar, the committee recommended that locally-produced coal should be used in the power plants being set up at Gwadar.

Kakar said that 6,500,000 tons coal is imported, for which the government had to pay billions of dollars, but doing nothing to utilize the coal reserves, which if paid a little attention, can help in overcoming the unemployment and poverty in the country. The chairman of the committee said that all the four provinces would be told through letters by the committee to use indigenous coal in all power projects in future. The committee was also giving briefing on the proposed textile policy.

The officials said that the draft has been sent to the Economic Coordination Committee (ECC) for further deliberation.

Copyright Business Recorder, 2021

Comments

Comments are closed.