Deal #381

Location #1

Spatial accuracy level
Exact location
Location
Thar desert

Latitude
27.7016799
Longitude
72.1544437
Target country
Pakistan
Comment on location
Tharparkar, Sindh

Land area

Size under contract (leased or purchased area, in ha)
[2010] 8200
Comment on land area
licensed to explore 82 square kilometers of Thar block #4 at province of Sindh, Pakistan

Intention of investment

Intention of investment
Mining
Comment on intention of investment
Coal

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)
Comment on nature of the deal
licensed to explore 82 square kilometers of Thar block #4 at province of Sindh, Pakistan

Negotiation status

Negotiation status
[2009] Concluded (Oral Agreement)
Comment on negotiation status
It has been decided that PEDCO would start drilling and boring work on blocks 4 and 8 of the Thar coalfields and continue operations for three years. After that, the firm would set up power generation facilities

Implementation status

Implementation status
In operation (production)

Number of domestic jobs created

Jobs created (domestic)
Yes
Planned number of jobs (domestic)
90000

Operating company

Comment on investment chain
Thar Coal Mining Company is incorporated in Singapore as a joint venture between Bin Daen Group of United Arab Emirates and PEDCO (Pan Energy Development Co., Ltd.) of Korea. TCM has a fully owned subsidiary in Pakistan, Bin Daen PEDCO Coalfield Pvt. Ltd., which is licensed to explore 82 square kilometers of Thar block #4 at province of Sindh, Pakistan

 

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Data source #1

Data source type
Personal information
Includes in-country-verified information
Yes

Data source #2

Data source type
Company sources
File
Date
2013-04-03
Comment on data source
access date

Data source #3

Data source type
Research Paper / Policy Report
File
Date
2010-09-01

Data source #4

Data source type
Media report
File
Publication title
United Arab Emirates and South Korea to Develop 1,000-Megawatt Thermal Power Plant in Pakistan
Date
2009-03-19

Promised benefits for local communities

Promised benefits for local communities
Health
Education

How much water is extracted?

Comment on how much water is extracted
ARE

Overall comment

Overall comment
Import of error check - Coordinator's overview comment: 0 Import of other remarks regarding the investment: infrastructure development: electricity

Feb. 17, 2020, 2:27 a.m.

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March 19, 2017, 8:18 p.m.

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Oct. 23, 2015, 10:40 p.m.

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April 4, 2013, 2:04 a.m.

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April 4, 2013, 1:58 a.m.

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April 4, 2013, 1:52 a.m.

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Feb. 15, 2013, 4:59 p.m.

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