KARACHI - Chief Executive of Iran- Pak Wind Power (Pvt) Ltd Khurram Sayeed on Wednesday called on Chief Minister Sindh Syed Qaim Ali Shah at Chief Minister House.
He apprised the Chief Minister Sindh about his project which will be undertaken by joint venture with complete loan from his firm.
He further said that they had made survey of Thatta and Jamshoro districts, where these projects are feasible and as a first step, the Wind Power Project will be initiated in Thatta district, for which an area of 600 to 100 acres will be required. He added that 50 MW power will be generated by this project.
He informed that there firm is already running these projects in Iran and their firm is fully equipped with latest technology in wind power concept.
He further said that an amount of $ 200 million will be provided as loan for the project. Chief Minister Sindh Syed Qaim Ali Shah appreciated the proposed Project and said that the Government of Sindh will encourage projects aimed at for power generation so as to meet the shortage of electricity. He added that incentives will be provided to intending investors.
Chief Minister Sindh assured the officials of Iran - Pak Wind Power (Pvt) Ltd that the project will be examined and land required will be provided. He further advised them to process matter through Board of Revenue Sindh & Board of Investment, Sindh for allotment of land.
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