Oracle Power PLC - natural resource and power project developer - Says consortium partner, China National Coal Development Co, has started preliminary feasibility work relating to the potential gasification of coal at the Oracle's Thar Block VI project in Pakistan.
Adds that, in light of government support for the development of coal to gas and coal to liquid projects, CNCDC has begun feasibility work to advance "this important aspect of the company's holistic development initiative" at Thar Block VI.
"Alongside the development of our proposed mine mouth power plant, coal-to-gas and coal-to-liquids are expected to play an extremely important role in the growth of our company and we expect this work by CNCDC to establish the viability of, and a development model for, coal gasification at Thar Block VI," says Oracle Chief Executive Naheed Memon.
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By Lucy Heming; lucyheming@alliancenews.com
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