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Sindh tries to woo local, international investors

The Sindh government has plans for partnering with the private sector to tap the wind power potential in the province, an official said.

“Sindh government intends joint ventures in wind energy generation with the local and foreign firms,” he said.

The provincial government is seeking partners to handle the technological side of the wind farm projects, help the government regulate the sector more efficiently, and facilitate in developing local research and development in wind energy, he said.

In this way, the provincial government would be able to generate resources that can then be ploughed back into these regions for undertaking infrastructure development, human development and creation of better livelihoods for the local indigenous population, he said.

The provincial government will share land as equity and provide all necessary support including logistic and administrative in the region for fast track implementation.

The province might also inject seed money, as capital share for the project; the amount of share in the equity would be determined on case-to-case basis, the official said.

Sindh has a wind corridor, which, as per estimates, can generate electricity up to 50,000MW.

To tap this tremendous potential government of Sindh is taking a lead role in the overall national interest for overcoming the current energy crisis, he said.

Sindh as part of its investment promotion program for wind power projects has sought expression of interest from technically and financially sound firms both local and international for developing wind farms in Thatta and Jamshoro districts’ wind corridor in Sindh for wind power generation.

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