Sunday, April 19, 2009

An MoU for 500 MW signed between China International Water & Electric Corp and AEDB.

An MoU for the development of a 500 MW Wind Power Projects in Pakistan has been signed here between China International Water & Electric Corp and AEDB.
Details >>
Mr. Arif Alauddin, Chief Executive Officer, Alternative Energy Development Board (AEDB) and Mr. Lu Guojun, President of CWE, China International Water & Electric Corp. (CWE) signed the document on behalf of their respective organizations
. The projects will be developed in the sets of 50MW wind energy projects, totaling 10 sets of projects
. AEDB shall provide the facilitation to CWE, in acquiring the public/private land, development of project feasibility study by provisioning of wind data, obtaining generation license from NEPRA,tariff determination from NEPRA, as per discretion of NEPRA, development of project legal document like Energy Purchase Agreement (EPA) and IA and issuance of Letter of Support (LOS) as per the prevailing Government Policy and issuance of Letter of Intent (LoI) on request. CWE will consider developing tower and blade manufacturing facilities for wind turbine generators in Pakistan and further to manufacture wind turbine generators locally in future.




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