ISLAMABAD: Malaysia has expressed interest in investing in coal-fired and wind power projects in Pakistan which can ease electricity shortage and meet future needs.
Malakoff Corporation Vice President Mohammad Raziff Embi said this in a meeting with Water and Power Minister Syed Naveed Qamar here on Thursday. Embi was part of a seven-member delegation that held the meeting.
The delegation members said they were interested in setting up a 1,200-megawatt power project based on imported coal and a 250MW wind power project in Sindh.
Feasibility study of the first project has been completed and remaining requirements will be met at the earliest.
The delegation assured the minister that they would work with Pakistan’s government to explore investment opportunities in other infrastructure projects. It also expressed the desire to invest in the operation and maintenance plan of the government for public sector thermal power plants.
They also discussed investment opportunities in Thar coal projects and the policy for imported coal-based power plants.
The water and power minister said upfront tariff for imported coal-based power projects was likely to be finalised next month which would attract investment in cheaper electricity production.
Published in The Express Tribune, April 13th, 2012.
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