KARACHI: Sindh Chief Minister Syed Qaim Ali Shah has alloted land to NBT Power Pakistan (Pvt) limited for 500 MWs Wind Power Project in district Thatta.
Addressing the provisional land allotment ceremony to NBT Wind Power Pakistan limited, the Sindh CM said it will appear as the biggest Wind Power Project of Asia and Sindh will become biggest Power House of Pakistan, said a statement issued here on Wednesday.
Welcoming the guests from NBT, Norway-based company and their partner Malakoff, a Malaysian company, he said that Sindh Government will extend all support to the investors under new Land Allotment Policy.
Syed Qaim Ali Shah said government of Sindh guarantee for provision of security in the area in coordination with the management of companies.
Addressing the occasion, Chairman Sindh Board of Investment (BOI), Muhammad Zubair Motiwala explained the features of the project.
He said that NBT has committed for the completion of the project in shortest possible time. Looking at the volume of the project and the profile of the company, we expect that physical civil work on ground will start in 12 months, he added.
He said only area under footprints will be leased to the investors while rest of the land will remain in possession of the government and can be used for any other purpose.
He told the audience that under old policy for 500 MWs, 12500 acres of land were required and under new policy we here only provisionally allotting 908 acres of land in strips, which is as per the best international practices.
He said at present land has been allotted to 30 local as well as international investors will install capacity of more than 1800MWs and we hope to grant at least 800 MWs by the June 2013 with United Energy-150 MWs China Three Gorges-150 MWs, FFC-50 MWs, Zorlu Energy 56.4 MWs and Fauji Foundation 100 MWs and NBT-500 MWs.
Addressing the occasion, Secretary Investment Ms. Naheed Shah Durrani told the audience that NBT has very recently emerged as major player in the renewable energy sector and have already commissioned 200 MWs in Beijing, China and have signed a framework agreement of 1000 MWs (20 farms) with Datang China.
She added that Malakoff, the leading IPPs on Multiple fuel technology with generation capacity of 5020 MWs in Malaysia alone and thousands of MWs in Saudi Arabia, Bahrain and Algeria, is the major implementation partner in 500 MWs Wind Power Project with NTB.
She said that looking at the experience and background in the energy sector Government of Sindh has also under taken discussion with Malakoff to consider installation of 1000 MWs Thar Coal Field Power Plant in Sindh preferably in Thar area.
The Sindh CM also invited guests Malakoff to participate in the Thar Coal Mining Power Generation Project in the next ICB.
The ceremony was attended by Minister Information Sharjeel Enam Memon, the Chief Secretary Sindh, the Secretary Information, Senior Member BOR, Member Land Utilization and others.
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