KARACHI: Sindh Energy Minister Imtiaz Ahmed Shaikh on Thursday said that country’s first floating solar power project of 500 MW would be launched soon on Keenjhar Lake and Letter of Intent (LoI) had been issued for the project.
“Work on the feasibility report of the project is in full swing and it is hoped that the project will start generating electricity in two years after going through the approval stages,” he said and added that Go Company, working on the project, was expected to invest US$40 million in the project.
The energy minister aids this while talking to officials of power companies in his office.
He said that this first and unique floating solar power plant project of its kind in Pakistan would not only provide 500 MW of environmentally friendly electricity but would also create employment opportunities in the province. “Keenjhar Lake will promote tourism and help in controlling load shedding,” he added.
Imtiaz Shaikh said that work on the feasibility report of the project was in the process of completion and it was expected that the project would start generating electricity in the next two years. “This 500 MW eco-friendly power project is another milestone of the achievements of the Sindh government,” he added.