JV for 50 MW windfarm in Pakistan

Iran’s Sunir and Pakistan’s Planet Energy Pvt Ltd have signed a memorandum of understanding (MoU) to jointly develop a 50 MW windfarm in Pakistan.

According to PakTribune, this is considered as a significant development in Pakistan’s renewable energy sector, especially wind, where a foreign company has shown willingness to invest in Pakistan under present circumstances.

Chairman of the Planet Energy Pvt Ltd Tariq Sayeed was quoted as saying that the pace of development of this wind farm will depend on the allotment of land by the AEDB.

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Policy, investment and markets  •  Wind power