Coal industry of pakistan Essay

Pakistan has a very large sear harbor base only Thar sear can be used to shuffling 40,000 MW of Electricity for the next 100 years. Regional powers like China atomic number 18 very much interested in the project and be automatic to pour billions of dollars in these projects if the Govt. of Pakistan issues sovereign guarantee. Sector will essentially pass on to the wiping out of the difference in the electricity shortage. It would stabilise the economy as oil imports are going to decrease which contribute to $8 trillion of our imports. Coal can be exported to countries around the world. Many countries are fracture to sear as means of postal code and this raises export opportunity for the coal exports too. The labour monetary value in the mining industry is very let loose as compared to new(prenominal) parts of the world and essentially have higher(prenominal) profit margins. The Tax rate is nil during exploration, mine construction and parentage phase.WEAKNESSESSerious l ack of infrastructure facilitiesMany government restrictive policies and non much help tind by the government. Government not fulfilling there contracts. there is no consistency in Government policy.Low quality coal available mostlyToo much capital required to rend the coal.Thermal energy would mean more pollutionOPPORTUNITIESExpansion of energy base of PakistanExpansion of export base and reduction of oil imports. hazard to boost lagging industries.Growing demand of CoalTHREATSForeign enfolding which might restrict local ontogenesisRestrictive policies and red tapism by governmentControl of reserves by only a hardly a(prenominal) major playersOil Lobby being a very toilsome force in Pakistan.Problem faced by this Industry neglect of safety and securityPakistans image and political situation is a deterrent to investment Pakistans image and political situation is a deterrent to investment The industry sustained a stab covering fire in the recent years.Lack of knowledge of the mineral potential.Lack of tote Safety.Lack of Government vision.Development expenditure being used for crisis caution purposes. The industry relies on the findings of the PCSIR laboratories.PCSIR labs do not possess the necessary tools and equipments for burnish of minerals. Not a convenient supply of coal and at multiplication they have to revert to oil and gas for there production mostly the cement companies.Recommendation for the industryThere has to be innovation in the sort of mining techniques being adopted in Pakistan. Adoption of red-brick exploration techniques like photo geology, satellite imaging, Underground Gasification can be useful for the industry. Information regarding coal reserves, grades and annual production essential be maintained for the information of investors that may guide their future programme and work. And it must be easily available on Government portal. Mineral development fund to be created & spent by outsourcing the infrastructure programmes t o private organizations. parcelling of funds from World Bank for mineral sector programmes. Due delegation to be given to all the stakeholders from mineral sector i.e. laborers, Investors e.t.c. In sight to for people to be interested in the mining sector, government has to provide facilities for the workers and management near to the mining facilities. Improve the efficiency of the emergency rescuers in case of an accident in a mine. Participate in world-wide minerals exhibitions and fairs for creating awareness of Pakistans mineral potential to foreign investor.This would also reinforced the Image of Pakistan. In most of the mining camps basic facilities of roads and other basic infrastructure facilities have not been provided. As a aftermath the mine to market accessibility is very low and also increases the cost of mining. More degrees relating to the mining industry should be started as there are only 3 till date in Pakistan A associate board for mining be made involving te chnocrats.Train & improve contentedness of all persons in minerals managements. Establish mini power plants on coal in the mining areas.Provide in service training to adept staff i.e. laborers. Establish machinery-pool to extend services on cost trenchant basis Provide soft loans in the mining Industry.