Oracle Power (“Oracle” or “the Company”) is an AIM-listed coal developer. The Company’s primary interest is the Thar Coalfield Block VI area located in the Sindh Province of South East Pakistan, a 1.4bn tonnes resource with a 529Mt JORC mineral resource and 113Mt JORC proven reserves within Phase 1 of the mining area of its mining lease.
Developing a coal-fired electricity plant in Pakistan
Has govt support for indigenous coal-fired power generation
China-Pakistan Economic Corridor has Thar on the priority list of projects
Also plans to produce urea via coal-to-liquids
Switched partners to China Coal and Dubai sheikh