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February 4, 2016

Six power plants of 2,320MW to be set up in Rajanpur, Rahimyar Khan

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February 4, 2016

Punjab govt, Chinese, Danish companies sign accords

LAHORE: The Punjab government and Chinese and Danish companies signed agreements here on Wednesday for setting up 2,320 megawatt energy projects in South Punjab.These agreements were signed in two separate ceremonies here at Model Town and Punjab Chief Minister Shahbaz Sharif was the chief guest.

Under the agreement signed between the Punjab government and Denmark, Danish wind power generation international company Vestas will set up four wind power plants of 250 megawatt each at Rajanpur in South Punjab, whereas under the second agreement renowned Chinese Company Hauneng Shandong will set up two coal power plants of 660 megawatt each at Rahimyar Khan.  The chief minister gave Letter of Intent to Vice President of Vestas Mr Gerard Carew during the function held with regard to the agreement of 1,000MW energy project between the Punjab government and the Danish company under which four wind power projects will be set up with investment of two billion dollars.

Talking to the media persons on the occasion, Shahbaz Sharif said that last year it was announced that there were vast opportunities of generating energy in South Punjab and sites had been identified where plants of generating electricity through wind could be set up.

He said that four units of 250 megawatt each would be set up for generating electricity through wind in South Punjab and in the first phase 250 megawatt unit would be completed in 2018. He said that this project of generating electricity through wind in Punjab would be one of the big projects of the world which would be helpful in overcoming shortage of energy.

Earlier, an agreement of 1,320 megawatt coal power plant was signed between the Punjab government and Chinese company Hauneng Shandong and an investment of two billion dollars will be made on this project.  Under this agreement, the Chinese company will set up two coal power plants of 660 megawatt each in Rahimyar Khan.

Punjab Secretary Energy Asad ur Rehman Gilani signed on behalf of the provincial government and President of Chinese company Mr Wang Wen Zong on behalf of his company.

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