Rs 581.8 Mn allocated for Mining sector

The federal government has approved a total of Rs 581.8 million for the development of mining sector in the country. Out of this Rs 581.8 million, Rs 433 million is to be used for four on-going schemes in mining sector while Rs 147 million is for new schemes.
Rs 3.6 million have been earmarked for appraisal of new discovered coal resources of Badin Coal Field and its adjoining areas of southern Sindh.
The government has budgeted Rs 10.5 million for exploration and evaluation of coal in Nosham and Bahlol, Balochistan which was approved by DDWP in 2017, while Rs 3 million has been earmarked for exploration and evaluation of metallic minerals in Uthal and Bela Area, district Lasbela.

The new schemes which were approved in 2018-19 by CDWP are expansion and upgradation of Pakistan Petroleum Corehouse for its sustainable operations to facilitate oil and gas exploration research in Pakistan and up-gradation of HDIP’s POL, testing facilities at Islamabad, Lahore, Multan, Peshawar, Quetta and ISO certification of petroleum testing laboratory at Islamabad.
Rs. 416 million has been budgeted for acquisition of four drilling rights with accessories for geological survey of Pakistan for next financial year.