AGL 40.01 Decreased By ▼ -0.20 (-0.5%)
AIRLINK 127.00 Decreased By ▼ -0.64 (-0.5%)
BOP 6.69 Increased By ▲ 0.02 (0.3%)
CNERGY 4.51 Increased By ▲ 0.06 (1.35%)
DCL 8.64 Decreased By ▼ -0.09 (-1.03%)
DFML 41.04 Decreased By ▼ -0.12 (-0.29%)
DGKC 85.61 Decreased By ▼ -0.50 (-0.58%)
FCCL 33.11 Increased By ▲ 0.55 (1.69%)
FFBL 66.10 Increased By ▲ 1.72 (2.67%)
FFL 11.55 Decreased By ▼ -0.06 (-0.52%)
HUBC 111.11 Decreased By ▼ -1.35 (-1.2%)
HUMNL 14.82 Increased By ▲ 0.01 (0.07%)
KEL 5.17 Increased By ▲ 0.13 (2.58%)
KOSM 7.66 Increased By ▲ 0.30 (4.08%)
MLCF 40.21 Decreased By ▼ -0.12 (-0.3%)
NBP 60.51 Decreased By ▼ -0.57 (-0.93%)
OGDC 194.10 Decreased By ▼ -0.08 (-0.04%)
PAEL 26.72 Decreased By ▼ -0.19 (-0.71%)
PIBTL 7.37 Increased By ▲ 0.09 (1.24%)
PPL 153.79 Increased By ▲ 1.11 (0.73%)
PRL 26.21 Decreased By ▼ -0.01 (-0.04%)
PTC 17.18 Increased By ▲ 1.04 (6.44%)
SEARL 85.60 Decreased By ▼ -0.10 (-0.12%)
TELE 7.57 Decreased By ▼ -0.10 (-1.3%)
TOMCL 34.39 Decreased By ▼ -2.08 (-5.7%)
TPLP 8.82 Increased By ▲ 0.03 (0.34%)
TREET 16.82 Decreased By ▼ -0.02 (-0.12%)
TRG 62.55 Decreased By ▼ -0.19 (-0.3%)
UNITY 27.29 Decreased By ▼ -0.91 (-3.23%)
WTL 1.30 Decreased By ▼ -0.04 (-2.99%)
BR100 10,112 Increased By 26 (0.26%)
BR30 31,188 Increased By 17.5 (0.06%)
KSE100 94,996 Increased By 232 (0.24%)
KSE30 29,481 Increased By 71 (0.24%)
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.