World Bank to fund Pakistan’s coal projects

The World Bank is in the process of issuing a Concept Note on its agreement for giving financial and technical support to the federal and Sindh governments in Pakistan in evaluation of investment proposals and documentation of Thar coal-fired power projects.

“We completed negotiations with a World Bank team only last week,” disclosed Asad Shah, a member of Thar Coal and Energy Board, who also heads a four-member committee that is evaluating six investment proposals for setting up integrated mining and power generation projects on Thar coal, here Sunday.

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