Pakistan, Norway ink MoU for 150MW solar power plants

Published July 7, 2015
Prime Minister Nawaz Sharif and Norway's Prime Minister Erna Solberg witnessed the signing. —PM House
Prime Minister Nawaz Sharif and Norway's Prime Minister Erna Solberg witnessed the signing. —PM House

ISLAMABAD: Pakistan and Norway signed a Memorandum of Understanding (MoU) for construction of three solar power plants to generate a total of 150MW of electricity, said a statement issued on Tuesday.

Prime Minister Nawaz Sharif and Norway's Prime Minister Erna Solberg witnessed the signing ceremony of a MoU between Scatec Solar of Norway and Nizam Energy of Pakistan to jointly develop the solar power plants on a build-own-operate basis.

The construction of three solar power plants to generate a total of 150 MW of electricity is expected to start in the first quarter of 2016.

The project would be completed in a year’s time and will be located in Sindh province, with an initial investment of $300 million.

An additional 150 MW is planned to be developed in the second stage, bringing the total investment to nearly $600 million.

Adviser on Foreign Affairs and National Security Sartaj Aziz and other members of the Pakistani delegation were also present on the occasion.

Opinion

Editorial

Terrorism upsurge
Updated 08 Oct, 2024

Terrorism upsurge

The state cannot afford major security lapses. It may well be that the Chinese nationals were targeted to sabotage SCO event.
Ban hammer
08 Oct, 2024

Ban hammer

THE decision to ban the PTM under the Anti-Terrorism Act is yet another ill-advised move by the state. Although the...
Water tensions
08 Oct, 2024

Water tensions

THE unresolved tensions over Indus water distribution under the 1991 Water Apportionment Accord demand a revision of...
A bloody year
Updated 07 Oct, 2024

A bloody year

Using the Oct 7 attacks as an excuse to wage endless aggression on Middle East, Israel has crossed all red lines.
Bleak cotton outlook
07 Oct, 2024

Bleak cotton outlook

THE extremely slow arrival of phutti at the ginning factories of Punjab and Sindh so far indicate a huge drop in the...
Killjoy neighbours
07 Oct, 2024

Killjoy neighbours

AT the worst of times in their bilateral relations, India and Pakistan have not shied away from carrying out direct...