3474-34 Acres Land Allotted For 09 Fast Track Wind Energy Projects: Muhammad Zubair Motiwala

Karachi: Sindh is blessed with enormous potential for Wind Energy resource which if tapped can generate more than 50,000 MW. Wind Corridor (Gharo- Jhampir) is 60 KM wide and 180 KM long with average wind speed of 7-8 meter/sec. This was briefed by Chairman SBI while presiding a meeting in the office of Investment Department, Government of Sindh.

Govt of Sindh has taken strong measures to unfold this opportunity and have so far approved 26 Wind Projects which will be commissioned within next one year and will generate of more than 1000 MW of energy. Mr. Muhammad Zubair Motiwala, Chairman Sindh Board of Investment shared that Chief Minister Sindh, Syed Qaim Ali Shah has recently approved allotment of 3474-34 acres of land for Nine (09) Fast Track Wind Power projects and the Revenue Department has also granted 30 years land lease to all Fast Track Wind Power Projects through investment under Renewable Energy Policy 2006.

Chairman, SBI said that efficient solution to energy crisis can only be achieved by encouraging investment in Renewable Energy Projects. All these 09 fast track projects have submitted non refundable guarantees under the new policy envisaging commissioning of commercial operations by March 31, 2013.

He further elaborated that these projects plan to install 297.4 of electricity in the wind corridor of District Thatta and Jamshoro. He further said that Government of Sindh is simultaneously pursuing few other fast track cases including that M/S NBT for installation of 500 MW. Under these commitments, a total 797.4 MW can be installed by end of March, 2013.

For more information, contact:
Sindh Board of Investment
Government of Sindh
1st Floor, Tower B, Finance and Trade Centre
Karachi, Pakistan.
Tel: +92-21-99207512-4
Fax: +92-21-99207515
Email: info@sbi.gos.pk