Kuwait to invest in solar power projects in Pakistan

Latest Update: June 23, 2016 | 107 Views

A memorandum of Understanding has been signed between Balochistan government and a Kuwaiti Investor Company “Ener Tech” in Quetta.

Provincial Energy Secretary Khaleeq Nazeer Kyani and Chief Executive of the Company Abdullah Almatari signed the memorandum.

The Ener Tech will install from 50 MWs to 500 MWs solar power generation plants under a phase wise program.

Meanwhile, a delegation of Ener Tech led by its Chief Executive Abdullah Almatari called on the Chief Minister Nawab Sanaullah Khan Zehri in Quetta.

During the meeting, the two sides discussed matters of bilateral interest. Talking on the occasion, Nawab Sanaullah Khan Zehri said that the government wants promotion of foreign investment in various sectors including Solar Energy sector and for this purpose, a comprehensive policy has been chalked out to provide maximum facilities to foreign investors.

Ener Tech chief executive, Abdullah Almatari said that the there are vast prospects of making investment in energy, Live stocks and various sectors in Balochistan and Ener Tech wants t make investment in these sectors.


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