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Trade Chronicle May June 2017

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TRADE CHRONICLE<br />

Thar power projects to be completed<br />

ahead of schedule<br />

Thar coal mining and 660MW power project in Thar<br />

Block II will be completed ahead of the scheduled<br />

rd<br />

time, the commissioning date is set at 3 <strong>June</strong> 2019,<br />

said the Sindh Engro Coal Mining Company<br />

(SECMC) Chief, Shamsuddin Ahmed Shaikh in a<br />

statement recently.<br />

“Despite declaring Gorano reservoir project<br />

technically and environmentally sound by the judicial<br />

committee of Sindh High Court, we are ready to talk<br />

with the protesters to remove their concerns which<br />

were created by misinformation”, he was addressing<br />

to an Iftar Dinner ceremony held in Mithi the other<br />

evening.<br />

Mrs. Sadia Rashid, President Hamdard Foundation Pakistan, is giving award<br />

on Best Documentary Feature at Film Festival Award Ceremony. Mr. Farrukh<br />

Imdad, Director General, Hamdard Foundation Pakistan is also present on<br />

Sharing the details of the coal mining project, Mr.<br />

Shaikh said that the company has achieved 40 percent<br />

of mining and 33 percent progress on the power<br />

projects in 15 months after the financial closure<br />

achieved in April 2016.<br />

“The total duration envisaged for completion of the<br />

project was set at 42 months, but the pace of the work<br />

ensures us of its completion in 38 months instead,” he<br />

added. He asserted that he strongly believes that<br />

benefits from the coal projects in Thar should go to the<br />

locals of Thar before the rest of the country and, that's<br />

why, he added, the company has started interventions<br />

in education, health, livelihood, and drinking water<br />

sectors for the people of the area – and the schemes<br />

have already started benefiting the locales.<br />

Member of Sindh Assembly from district Tharparkar,<br />

Dr. Mahesh Malani said that Thar Coal Block II<br />

project is one of the largest of the energy schemes of<br />

Pakistan and it is a blessing for the people of Thar. Dr.<br />

Malani assured that Sindh Government through its<br />

elected representatives is ready to guarantee that no<br />

damage would occur to the locales living around the<br />

Gorrano Reservoir. He also said that the government<br />

was considering a package for the Gorrano<br />

community which would be announced soon.<br />

Addressing the question pertaining to the<br />

technicalities of the Gorrano reservoir, he said that the<br />

feasibility study has been prepared by the reputable<br />

international firms and it is in no one's favour to<br />

challenge their reports which have been carefully<br />

drafted after comprehensive research considering all<br />

aspects.<br />

He said that contrary to the misconception spread by<br />

certain elements, the project shall benefit the Thar and<br />

Tharis on a large scale which would surely change the<br />

face of the area from being a poverty-stricken to a<br />

prosperous region.<br />

Mr. Usama Qureshi, Managing Director & CEO, Hamdard Laboratories Waqf<br />

Pakistan is giving interview, on the occasion of launching ceremony of ARY FILM<br />

Festival at a local hotel.<br />

Mrs. Sadia Rashid,<br />

President, Hamdard<br />

Foundation Pakistan<br />

along with Usama<br />

Qureshi, Managing<br />

Director and CEO,<br />

H a m d a r d<br />

Laboratories (Waqf)<br />

Pakistan, distributing<br />

Ramadan ration bags<br />

among the poor and<br />

the needy at Al-<br />

M a j i d H a m d a rd<br />

Centre, Nazimabad,<br />

Karachi.<br />

TRADE CHRONICLE - <strong>May</strong>.~Jun. <strong>2017</strong> - Page # 29

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