RE: Great volume17 Oct 2025 10:24
We know Pakistan is fraught with delays and incompetence, any investor will know that, but the Chinese have managed to get things done there - despite all this the Saudis have taken a controlling stake in K Electric because they know the returns are also much higher, Naheed has said this too. The Thar railway doe make our coal easier to export, but even if an investor (the Saudis?) take over Block VI the development process will take over a year so it doesn't really matter that it's delayed. All our projects were mine mouth or using coal from Block II anyway (MoU with KE for the power plant). Big investors are here for the high returns and are looking at the long term picture