Number of Downlaods: 87
Published Date: Jun 30, 2021
Prospects of Coal Investments and Potential of Renewable Energy Transition in Thar Region of Pakistan
In recent years, China has emerged as a major investor in the coal power sector of international markets, financing overseas coal power projects of up to $21-38 billion . Coal, along with other energy reserves, has provided a foundation for the initiation of energy cooperation between nations – the “Belt & Road Initiative (BRI)” of China being one of them. Saudi Arabia, United Arab Emirates, Pakistan, Kazakhstan, and Russia have been the most ideal choices for China’s energy investment, balancing resource potential and investment environment. However, many resource-rich countries have unstable economic structures, political limitations, environmental constraints, and lack of relevant technologies, thereby putting investments to risk.