26 July, 2013
ISLAMABAD: Byron Shi Min Chen, President (Lightening Africa, China), He-Vice President and Shah Faisal, CEO Gulf Power Pakistan called on Chairman BoI, Mohammad Zubair. Imran Afzal Cheema, Secretary BoI, also attended the meeting.
Chairman BoI, Mohammad Zubair stated that BoI is mandated to play an important role in the administration and implementation of the Government's FDI policy. It has a strong record of actively encouraging the flow of FDI into the country through speedy and transparent processing of applications, SEZ act, Investment Policy and Strategy. We welcome investors to make their businesses a success in the most lucrative investment destination of the world, Pakistan.
‘The energy policy of Pakistan is also focusing on the alternate energy, including solar energy. The potential of solar, which is in the range of 7 to 7.5 kwh/msq./day in most of Balochistan; 6 to 6.5 kwh/msq./day in most of Sindh, Southern Punjab and Gilgit-Baltistan and in the range of 5.5 to 6 kwh/msq./day in the rest of the country', said by the Chairman BoI.
Byron apprised the BoI Chief that the company is offering two kinds of solutions for energy crisis through following solar systems. Off grid solar systems can be provided by the company immediately. These ready to use systems can be installed and end users may easily meet the demands of the electricity. In this regard, for home systems, the company may also liaison with the distribution networks through banks or the dominating relevant companies, selling the solar products.
On grid solar system can also be installed and the company is ready to invest $3 billion by creating a special solar fund in China to support Pakistan to utilise its solar energy resources to overcome the energy issues. The company has the capacity to establish a solar plant of 1000MW in 6 to 8 months in Pakistan while the 50MW and 100 MW solar energy can be produced in 120 days only. He further said that the tariff should be decided even before inviting the Chinese investors to the country in power sector.
BoI seeks Chinese investment in solar projects
Is any solar / wind power plant currently working in Pakistan ??
ISLAMABAD: Byron Shi Min Chen, President (Lightening Africa, China), He-Vice President and Shah Faisal, CEO Gulf Power Pakistan called on Chairman BoI, Mohammad Zubair. Imran Afzal Cheema, Secretary BoI, also attended the meeting.
Chairman BoI, Mohammad Zubair stated that BoI is mandated to play an important role in the administration and implementation of the Government's FDI policy. It has a strong record of actively encouraging the flow of FDI into the country through speedy and transparent processing of applications, SEZ act, Investment Policy and Strategy. We welcome investors to make their businesses a success in the most lucrative investment destination of the world, Pakistan.
‘The energy policy of Pakistan is also focusing on the alternate energy, including solar energy. The potential of solar, which is in the range of 7 to 7.5 kwh/msq./day in most of Balochistan; 6 to 6.5 kwh/msq./day in most of Sindh, Southern Punjab and Gilgit-Baltistan and in the range of 5.5 to 6 kwh/msq./day in the rest of the country', said by the Chairman BoI.
Byron apprised the BoI Chief that the company is offering two kinds of solutions for energy crisis through following solar systems. Off grid solar systems can be provided by the company immediately. These ready to use systems can be installed and end users may easily meet the demands of the electricity. In this regard, for home systems, the company may also liaison with the distribution networks through banks or the dominating relevant companies, selling the solar products.
On grid solar system can also be installed and the company is ready to invest $3 billion by creating a special solar fund in China to support Pakistan to utilise its solar energy resources to overcome the energy issues. The company has the capacity to establish a solar plant of 1000MW in 6 to 8 months in Pakistan while the 50MW and 100 MW solar energy can be produced in 120 days only. He further said that the tariff should be decided even before inviting the Chinese investors to the country in power sector.
BoI seeks Chinese investment in solar projects
Is any solar / wind power plant currently working in Pakistan ??
