Govt to produce power by coal to boost petroleum industry: Jadoon
By Ali Imran

ISLAMABAD—Federal Minister for petroleum and natural resources Amman Ullah Khan Jadoon has said that the government was focusing a specific attention for exploiting indigenous energy resources and chalked out an ambitious plan to generate 20,000 MW power by using coal till 2019.
He was speaking at a breakfast meeting hosted by him for the delegates representing world mining industry and financial institutions gathered in London to attend the international mines and money-2005 conference. He said that government has introduced a very liberal mining policy for foreign investors supported by investment friendly regulatory and fiscal regimes. There is no restrictive minerals list for the foreign investors or any requirement of mandatory local participation besides repatriation of investment and profits, he added. He invited the world mining industry and financial institutions supporting the mineral projects to harness the opportunities available in Pakistan in the metallic and non-metallic minerals, coal, oil and gas for the natural advantage.