China will invest in hydel and renewable energy power projects in the country and join hands with the Water and Power Development Authority (Wapda) for development of various large-scale hydropower power projects.
This was decided when the Chairman of the state-owned China Three Gorges Project Corporation, Cao Guanging, heading a ten-member Chinese delegation, met with the Federal Minister for Water, Power and Privatisation Syed Naveed Qamar on Tuesday.
The corporation, a wholly state-owned enterprise, is a huge clean energy group which owns and operates the world’s largest hydropower station in China.
The delegation also showed interest in establishing a local manufacturing plant of wind power equipments in the country.
Guanging said that their corporation is looking for investments and other cooperation for 1,100 MW Kohala Hydropower, 7,100 MW Bunji Hydropower and 720 MW Karot hydropower and various other hydel projects in Pakistan.
He said that the corporation is all set to start the construction of 50 MW wind power project in Jhampir, Sindh and will complete it next year. The firm has also planned to install 2,000 MW wind power and 300 MW solar power projects in Pakistan.
Published in The Express Tribune, April 6th, 2011.
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