HomeCPEC#Shanghai Electric Power Company to invest $2 billion in #Thar Mining Block...

#Shanghai Electric Power Company to invest $2 billion in #Thar Mining Block Two under #CPEC

The #Sindh government is expected to attract investment of around $4-6 billion by auctioning four new mining blocks of Thar coal reserves and handing over management of Thar airport to a private firm, Provincial Minister for Energy Imtiaz Ahmed Shaikh told The Express Tribune.

China’s state-owned firm Shanghai Electric Power Company Limited (#SEC), which will likely invest over $2 billion in Thar coal mining and a coal-fired power project under the #China#Pakistan Economic Corridor (#CPEC), has recently kicked off civil works on the second mining block. The company would officially announce launch of the project soon.

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