50MW wind power plant to be set up near Jhimpir in Sindh

Business50MW wind power plant to be set up near Jhimpir in Sindh

ISLAMABAD: US Ambassador to Pakistan Richard Olson and Sapphire Wind Power Company on Wednesday signed an agreement in Islamabad for building a 50-megawatt wind power plant in the Ghoro-Keti Bandar wind corridor near Jhimpir in Sindh.

The project will cost 12.7 million dollars and will be completed in fifteen months. The United States will provide 95 million dollars for the project.

Speaking on the occasion, US Ambassador said that “The provision of clean and reliable electricity is an essential building block for any economy.”

Olson said that the project affirmed Overseas Private Investment Corporation’s (OPIC) strong commitment to support Pakistan’s efforts at diversifying energy sources, alongside the States’ continued efforts to strengthen Pakistan’s economy.

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