ISLAMABAD (APP) - A consortium of Korean investors in its negotiations with the government has shown keen interest to set up 1000 MW power generation plants each at Sonda and Thar and gradually increasing them to 3000 MW in five-year period. The consortium of the Korean investors comprising major power generation companies namely Bin Daen, KEPCO, DOOSAN, PEDCO and DELOITTE would make this investment based on 100 per cent equity with no borrowing from banks or financial institutions. According to official sources, a delegation of Senior Advisor, PEDCO, Won Gul Lee, Senior Manager DELOITTE, Kyung Seok Cho, President KEPCO and Regional representative Bin DAFN have held talks with the senior officials in the Ministry of Water and Power. The delegation expressed keen interest to invest in coal mining and coal-based power generation in Sonda Jherrak and Thar coal fields in Pakistan. The delegation was informed that Pakistan's coal deposits exceed 180 billion tons and the government is taking concrete steps to exploit them at fast pace in order to meet the growing energy needs of the country. They were briefed that the government is laying great emphasis on the speedy development of power sector and offers lucrative incentives to foreign investors through one-window operations. Referring to the 1994 Private Sector Policy, the delegation was apprised that more than half of the current IPPs which are operating now are the result of that policy during the second tenure of the People's Party Government.