KARACHI: A Korean power company has indicated interest to set up wind power plants in the wind corridor of Sindh to generate 2000 megawatts in the next five years.
This willingness was shown by the leader of delegation of Korea Southern Power Company Ltd (KOSPO), Park Seog-Ho while talking to the Advisor to Sindh CM on Investment Zubair Motiwala at his office here on Friday. General Manager Hyundai Corporation, Jin Han Chung and Secretary SBI Mohammad Younus Dagha were also present on the occasion.
The delegation made commitment to generate at least 200 MW from wind power in next two years. They said that KOSPO was producing 9,238 MW of power in Korea with an investment of $ 5 billion. KOSPO is also producing electricity in UAE, Jordan and Bulgaria. In Korea, they are generating power from coal, LNG, oil and wind.
The representative of Hyundai Corp also showed intention of his company to put up wind turbine manufacturing plant in Pakistan to cater to the need of turbines in other wind energy projects. Hyundai is manufacturing wind turbine of 2 MW each.
Chung also showed interest in power generation from Thar coal.
Motiwala thanked the delegation and assured his full cooperation in identifying a suitable land in wind corridor for the wind project in accordance with the present elected government's investment friendly policy.
It was agreed that Sindh Board of Investment will formulate a schedule for signing of memorandum of understanding for this project during the visit of Sindh Chief Minister to South Korea from May 17 to 28.
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