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Punjab identifies 1,000 megawatt wind potential in Rajanpur

Western Power China offers BOT, BOO and other financing options for private sector energy needs.

Pakistan’s Punjab province has identified 1,000 megawatt wind power potential in Rajanpur district, out of which 250 megawatt wind power generation project will be commissioned by the year 2017.

This was revealed by Punjab Mines and Minerals Minister Chaudhry Sher Ali while addressing a seminar on ‘Pakistan Power Crisis – Industry Specific Solutions – Planning, Management, Financing,’ organized by Pakistan-China Energy Forum and NSR Energies here on Tuesday.

Speaking on the occasion Vice President Western Power China, Li Hong offered ‘Build, Own, Operate (BOO),’ ‘Build, Own, Transfer (BOT),’ and other financing options for the private sector of Pakistan for their independent energy requirements.

“We have opportunities for the private sector of Pakistan to present the case and get up to 100 percent financing for their energy needs,” Li Hong offered addressing the gathering of the local businessmen.

Li Hong said Pakistan always had a good relationship with China adding Chinese government wanted to invest in the economic growth of the country. He further said the Western Power China had recently signed a Capital Increase and Buying Shares Agreement with Grange Power Limited which is now working on 150 megawatt coal fired power plant in Arifwala in the Punjab district.