AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

imageQUETTA: The Balochistan government and EnerTek, a firm from Kuwait have inked a Memorandum of Understanding (MOU) at Chief Minister Secretariat to establish solar energy plant in Quetta to meet the electricity requirement in the provincial capital.

Secretary Energy, Government of Balochistan, Khaleeq Kayani and Chief Executive of Kuwait Firm, Abdullah Al-Matari put their signatures on the MOU.

Under the agreement, Kuwait firm will invest in Quetta to generate electricity through solar energy. Earlier, a delegation of the Kuwait firm headed by Al-Matari called on Chief Minister Balochistan, Nawab Sanaullah Khan Zehri.

He told the Chief Minister that his firm would establish a solar energy plant in Quetta which would gradually generate 50 MW to 500 MW electricity.

He said that the company had also interested in establishing solar power houses in coastal areas of Balochistan and also in those areas, where electricity was provided to people through power generators.

He offered the services of company to convert agricultural tube-wells of Balochistan on solar energy.

The Chief Minister welcomed the Kuwaiti investment in Balochistan.

He said that Balochistan Board of Investment and Balochistan Energy Company had been established to attract investment in energy sector.

On the occasion, Chief Secretary Balochistan, Saifullah Chattah said that the province had allocated Rs 2.50 billion in its financial budget for conversion of agricultural tube-wells on solar energy.

Senator, Saifullah Magsi, Additional Chief Secretary (Planning and Development), Daud Barech, Secretary Finance, Cap. (retd) Akbar Hussain Durrani, Senior Member, Board of Revenue, Qamar Masood, Commissioner Quetta, Qamber Dashti and other officials were present.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed.