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Investor Presentaiton

ANNUAL REPORT P Private Power and Infrastructure Board ANNUAL REPORT Private Power and Infrastructure Board Implementation of IPPs based on Thar Coal Coal remains a major component of global fuel supplies, accounting for 27% of all energy used worldwide and making up 37% of electricity generation. Figures from the IEA show that coal will still generate 22% of the world's electricity in 2040 while in South East Asia, coal will fuel 39% of electricity in 2040, retaining coal's position as the single largest source of electricity worldwide. Besides power generation, coal plays a crucial role in industries such as iron, cement and steel. Global Energy Mix - 2020 Hydropower 16% Solar Other 3% Renewables Wind 59 39 Nuclear 10% Gas 23% Coal 37% RFO/HSD/Oil 3% Lignite: Lignite coal, aka brown coal, is the lowest grade coal with the least concentration of carbon. Lignite has a low heating value and a high moisture content and is mainly used in electricity generation. The best known high rank deposits of coal of Carboniferous age occur in Europe, Asia and North America and those of Permian age are located throughout the former continent of "Gondwana Land" now Pakistan, India and Australia. Low rank deposits of sub-bituminous and lignite occur in Tertiary strata of Europe, North America, Australia, Asia and parts of South East Asia. Some 97% of coal reserves of Pakistan are of lignite rank and vast deposits of these occur in Tharparker area of Sindh Province. Coal was first discovered across Pakistan and the rest of South Asia in the 1880s and was used by the British-owned railway companies under colonial rule. Later, post-colonial Pakistan had used coal to fuel its industry from independence to the discovery of the Baluchistan's Sui gas field in 1952 and the Toot oilfield in 1964. With the discovery of massive 175.5 billion tonnes of coal potential in Thar area of Sindh in 1990s, Pakistan's coal power potential has increased manifolds. Thar coalfield, one of the world's largest lignite deposits is spread over more than 9,000 sq. kms with dimensions of 140 km. (northsouth) and 65 km. (east-west) comprise around 175 billion tones. If properly exploited, Pakistan's coal resources may generate more than 100,000 MW of cheap electricity for decades to come. Coal - the black gold is spatially distributed in all the four provinces of Pakistan and in AJ&K. After discovery of massive lignite coal reserves in Sindh which possesses 99 percent of the total coal reserves of country, Pakistan has emerged as one of the leading country - seventh in the list of top 20 countries of the world. The vast reserves of coal in Pakistan and in Azad Jammu & Kashmir are depicted in the following graph: Source: IEA Reliable, affordable, and stable energy access is a key requirement for modern life, preserved by the UN's Sustainable Development Goals, yet more than 3.5 billion people lack reasonably reliable access to electricity. Across the globe, coal is playing a fundamental role in providing access to baseload electricity - power that is constantly available across the globe. There are four major types of coal available across the world: Anthracite: The highest rank of coal. It is a hard, brittle, and black lustrous coal, often referred to as hard coal, containing a high percentage of fixed carbon and a low percentage of volatile matter. Bituminous: Bituminous coal is a middle rank coal between subbituminous (defined below) and anthracite. Bituminous coal usually has a high heating (Btu) value and is used in electricity generation and steel making in the United States. Subbituminous: Subbituminous coal is black in color and is mainly dull (not shiny). Subbituminous coal has low-to-moderate heating values and is mainly used in electricity generation. 71 Coal Potential in Pakistan 72
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