AGL 28.07 Increased By ▲ 2.20 (8.5%)
AIRLINK 135.30 Decreased By ▼ -2.01 (-1.46%)
BOP 5.46 Increased By ▲ 0.12 (2.25%)
CNERGY 3.80 Decreased By ▼ -0.10 (-2.56%)
DCL 8.21 Decreased By ▼ -0.39 (-4.53%)
DFML 41.48 Increased By ▲ 0.38 (0.92%)
DGKC 81.60 Decreased By ▼ -1.00 (-1.21%)
FCCL 22.05 Decreased By ▼ -0.08 (-0.36%)
FFBL 44.80 Decreased By ▼ -0.40 (-0.88%)
FFL 8.52 Decreased By ▼ -0.08 (-0.93%)
HUBC 146.78 Decreased By ▼ -0.71 (-0.48%)
HUMNL 10.20 Decreased By ▼ -0.33 (-3.13%)
KEL 4.43 Increased By ▲ 0.23 (5.48%)
KOSM 10.86 Decreased By ▼ -0.76 (-6.54%)
MLCF 33.70 Decreased By ▼ -0.25 (-0.74%)
NBP 52.25 Decreased By ▼ -1.26 (-2.35%)
OGDC 135.01 Increased By ▲ 0.01 (0.01%)
PAEL 24.72 Decreased By ▼ -0.17 (-0.68%)
PIBTL 5.63 Decreased By ▼ -0.02 (-0.35%)
PPL 112.50 Decreased By ▼ -0.70 (-0.62%)
PRL 24.69 Decreased By ▼ -0.38 (-1.52%)
PTC 12.70 Decreased By ▼ -0.19 (-1.47%)
SEARL 59.58 Increased By ▲ 1.63 (2.81%)
TELE 7.62 Decreased By ▼ -0.05 (-0.65%)
TOMCL 40.90 Decreased By ▼ -0.40 (-0.97%)
TPLP 8.42 Increased By ▲ 0.03 (0.36%)
TREET 15.66 Increased By ▲ 0.37 (2.42%)
TRG 53.15 Decreased By ▼ -0.51 (-0.95%)
UNITY 27.98 Decreased By ▼ -0.37 (-1.31%)
WTL 1.30 Decreased By ▼ -0.03 (-2.26%)
BR100 8,360 Increased By 0.5 (0.01%)
BR30 26,292 Decreased By -108.5 (-0.41%)
KSE100 78,801 Increased By 8 (0.01%)
KSE30 24,995 Decreased By -27.5 (-0.11%)
Pakistan

World’s largest wind turbine maker keen to establish factory in Pakistan

As per reports, the factory would be established near the country’s economic hub Karachi. The world’s la
Published February 8, 2020
  • As per reports, the factory would be established near the country’s economic hub Karachi.

The world’s largest wind turbine manufacturer, Vestas is keen to establish a Wind Turbine factory in Pakistan.

The Denmark based wind turbine manufacturer, representing over 16 percent of the world wind turbine market has also started groundwork for exploring the feasibilities. This was revealed in a meeting of delegation of Vestas Company led by Danish ambassador Rolf Holmboe with Federal Minister for Power and Petroleum Omar Ayub Khan.

As per reports, the factory would be established near the country’s economic hub Karachi, where majority of wind power projects are located.

Ayub said that by year 2030, Pakistan would be having around 20,000MW from renewable resources. He said that not only the local consumption of renewable energy related machinery like wind turbines etc would be a profitable investment for global companies but Pakistan could also serve as base for exporting the same to countries like Central Asia and African countries where there was a huge untapped potential of renewable resources.

Earlier, Omar Ayub said that a wind power plant of 200 megawatts would be installed in Sindh.

 

Comments

Comments are closed.