Sindh Energy Minister Imtiaz Ahmed Sheikh said on Thursday that country's first floating solar power project of 500MW would be launched soon on Keenjhar Lake for which the Letter of Intent (LoI) has been issued.
"Work on the feasibility report of the project is in full swing and it is hoped that the project will start generating electricity in two years after going through the approval stages," he said.
The Sindh energy minister continued that Go Company, working on the project, is expected to invest $400 million in the project which would start generating electricity in the next two years.
The energy minister said this while talking to the officials of power companies in his office.
He said that this first and unique floating solar power plant project of its kind in Pakistan would not only provide 500MW of environmentally friendly electricity but would also create employment opportunities in the province and will promote tourism at Keenjhar Lake and help in minimising the load shedding, he added.
"This 500MW eco-friendly power project is another milestone of the achievements made by the Sindh government," he added.
Published in The Express Tribune, July 8th, 2022.
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ