06/10/2008
Pakistan - Intention to sign MoU with China is to produce cheap wind energy in Pakistan-Tariq Sayeed
Chairman of Planet Energy (PVT) Ltd Tariq Sayeed said Thursday that the intention of signing the MoU with one of the China’s largest wind turbine manufacturers is to produce cheap energy in Pakistan.
He was of the view that due to unabated increase in petroleum product, the generation of wind energy would be much cheaper.
Tariq Sayeed while talking to APP from Kunming, the capital of Yunnan province said that Pakistan has so far signed 82 Letter of Intents (LoIs) for setting up wind energy projects at Wind Corridor at Keti Bunder in Sindh province.
He said that in view of ever increasing cost of petroleum products, the energy generated through wind would be available soon at much cheaper cost.
Tariq Sayeed pointed that for setting up wind energy project one has to under go a lengthy procedure and to meet various requirements.
He said that our neighbour country has achieved a great leap forward in this direction and now generating 10,000 MW wind energy.
Tariq Sayeed pointed out that with the cooperation of a foreign country, he unfolded the wind and solar energy maps for Pakistan and other regional countries in a function held in Islamabad.
He said that his company Planet Energy (Pvt) Ltd has signed a Memorandum of Understanding (MoU) with China’s largest and one of the world’s top ten wind turbine manufacturers for purchase of turbines for its planned 150MW wind farm.
With this agreement Planet Energy becomes one of the few companies of the country to be able to secure wind turbines at a time when demand of quality turbines is sky rocketing and waiting periods are estimated at 4-5 years.
He said that the company will purchase turbines to increase the capacity of its existing 50MW wind farm to 150MW. The MoU was signed in Urumqui with Goldwind Science and Technology, represented by its Vice President Wang Xiangming.
Tariq Sayeed has assured that turbines will be made available to other companies interested in developing Pakistan’s wind energy market.
He said that current energy crisis could be curtailed through cleaner technologies to reduce Pakistan?s dependence on imported fuel, which is a major contributor to its import bill.
He was of the view that due to unabated increase in petroleum product, the generation of wind energy would be much cheaper.
Tariq Sayeed while talking to APP from Kunming, the capital of Yunnan province said that Pakistan has so far signed 82 Letter of Intents (LoIs) for setting up wind energy projects at Wind Corridor at Keti Bunder in Sindh province.
He said that in view of ever increasing cost of petroleum products, the energy generated through wind would be available soon at much cheaper cost.
Tariq Sayeed pointed that for setting up wind energy project one has to under go a lengthy procedure and to meet various requirements.
He said that our neighbour country has achieved a great leap forward in this direction and now generating 10,000 MW wind energy.
Tariq Sayeed pointed out that with the cooperation of a foreign country, he unfolded the wind and solar energy maps for Pakistan and other regional countries in a function held in Islamabad.
He said that his company Planet Energy (Pvt) Ltd has signed a Memorandum of Understanding (MoU) with China’s largest and one of the world’s top ten wind turbine manufacturers for purchase of turbines for its planned 150MW wind farm.
With this agreement Planet Energy becomes one of the few companies of the country to be able to secure wind turbines at a time when demand of quality turbines is sky rocketing and waiting periods are estimated at 4-5 years.
He said that the company will purchase turbines to increase the capacity of its existing 50MW wind farm to 150MW. The MoU was signed in Urumqui with Goldwind Science and Technology, represented by its Vice President Wang Xiangming.
Tariq Sayeed has assured that turbines will be made available to other companies interested in developing Pakistan’s wind energy market.
He said that current energy crisis could be curtailed through cleaner technologies to reduce Pakistan?s dependence on imported fuel, which is a major contributor to its import bill.
- Source:
- Online editorial www.windfair.net
- Author:
- Edited by Trevor Sievert, Online Editorial Journalist
- Email:
- press@windfair.net
- Link:
- www.windfair.net/...
- Keywords:
- wind energy, wind farm, renewable energy, wind power, wind turbine, rotorblade, offshore, onshore
