Karachi: Sindh Provincial Energy Minister Syed Nasir Shah participated in the signing ceremony of the memorandum of understanding between the Department of Energy and Go Energy Pvt Limited for the 550 MW floating solar energy project on Kenjhar Lake. Secretary Energy Mossadiq Ahmed Khan, CEO-STDC Salim Shaikh, CEO-Go Green Amar Ali Talat, and Director K-Electric Haris Siddiqui were also present. Syed Nasir Shah said that Go Energy Private Limited is making this project with the cooperation of STDC, the Sindh Energy Department, and the Sindh Irrigation Department. STDC Kenjhar Lake Power Project will lay a 220 kv transmission line of about 60 km to the K-Electric grid station Dhabiji Karachi. Nasir Shah said that K-Electric is the off-taker of the 500MW floating power project for which K-Electric has provided a Letter of Intent (LOI) and the Energy Department has also provided a Letter of Intent (LOI). He said that this project is environmentally friendly as it will help prevent water evaporation and will be beneficial for aquatic life. He added that the project will also benefit land conservation and this project is environment friendly which will promote green energy in Sindh and provide a source of affordable electricity. He added that this project will boost the economy of Sindh province by creating jobs. Nasir Shah said that the government of Sindh is determined and trying hard to utilize these renewable resources at a faster pace and our effort is to reduce the overall basket tariff of NEPRA and make it more affordable electricity for the common people of the country.
Apart from tariff reduction, renewable energy will also contribute to the achievement of sustainable development goals to create a clean, reliable, and sustainable environment and we hope to complete the project by the end of 2026. Secretary Energy Mossadiq Ahmad Khan said that on the special directives of Minister Energy, work is underway on several projects to provide cheap and free electricity to the people. He added that mini-grid stations will be set up at the district level to provide affordable and environment-friendly electricity to the remote areas of Sindh. Secretary Energy said that the cost of electricity generated from this floating plant will be Rs.15 per unit which will be a much low price than other power generation plants. CEO STDC Salim Shaikh said that compared to K-Electric, STDC’s line has never been tripped and while STDC’s line losses have never gone above 1.6%, NEPRA has allowed line losses up to 2%. Go Energy Chief Officer Amar Ali Talat said that it is a unique idea. He added that Kenjhar is the world’s largest clean water lake where a floating project has been developed with the support of Government Energy Minister Syed Nasir Shah and K-electric the MoU was signed today and I am thankful to all the contributors. He said that experts from Singapore have studied this project. The project will prevent a quarter of the lake’s water from evaporating. Earlier, STDC CEO Saleem Sheikh and Go Green Energy CEO Amar Ali Talat signed the MoU.
