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Tuesday, May 08, 2012 E-Mail this article to a friend Printer Friendly Version
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Korean company to generate 300MW through solar energy

KARACHI: Global R&BD Division of CX Korea has informed after completion of formalities of NEPRA, Ministry of Water and Power etc their company would initiate project of establishment of 10 mw solar energy plant, which would later be extended upto 300 mw power generation through solar energy.

A four-member delegation of CX Korea Inc related to solar energy project, led by its Executive Director, Ko Young Sun informed CM Sindh Qaim Ali Shah the 10 mw plant would be ready by December this year and firstly the plant would be extended upto 100 mw while later it would be extended upto 300 mw by 2015. Sun said Germany and Korea have made good achievements in solar energy and Korean Global construction would fulfill the requirements and initiate and complete the project as per commitment. He informed KAPCO-Daewoo Engineering would provide project financing and for the purpose. They required 1200-acre land for 300 mw project as the project need four acre land per one mw power through solar energy. Qaim Ali Shah said the provincial government has made arrangements for provision of infrastructure and facilities to the investors. app

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