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

Clipped wings
Updated 30 Mar, 2023

Clipped wings

The bill to clip CJP's suo motu powers will more likely complicate the SC's problems rather than solve them.
Water shortages
30 Mar, 2023

Water shortages

IT is that time of the year when Punjab and Sindh come face to face over the distribution of river water — or, ...
Democracy summit
30 Mar, 2023

Democracy summit

THE second US-sponsored Summit for Democracy, which is currently underway, offers a small glimpse of the tough...
Open discord
29 Mar, 2023

Open discord

It is now seen that even the country’s top judges are not immune to uncharitable public opinion after they hang up their robes.
A milestone
29 Mar, 2023

A milestone

WITH Humza Yousaf poised to become First Minister of Scotland’s semi-autonomous government, some of the top public...
A grave hazard
29 Mar, 2023

A grave hazard

IN these stressful times, all distractions are welcome. According to a recent report, carried by this paper, the...