German companies intend to invest in energy projects in Sindh

19 Apr, 2016

Sindh Board of Investment (SBI) delegation on Monday was briefed that RWE, a German Company was working with the Sindh government and Sindh Engro Coal Mining Company in Thar coal power plant and mining project in block 2. It was also informed that the company wanted to increase the volume of their work and to collaborate with their experience, expertise and technology in Thar coal power plant and the other projects as well.
A delegation of SBI led by its chairperson Ms Naheed Memon, is on a visit to Germany, met the officials of the German Company RWE in its head office. The SBI delegation arrived in Germany Sunday night, said a statement issued here on Monday. Other members of the delegation include Additional Chief Secretary P&D Sindh Muhammad Waseem, Finance Secretary Sindh Sohail Rajput, Secretary Energy Sindh Agha Wasif Abbas, Director SBI Abrar Ahmed Shaikh and CEO Sindh Engro Coal Mining Company Shamsuddin Shaikh.
The delegation discussed regarding exploration of coal mines and gas reservoirs in Sindh and to produce the electricity with the help of coal with the head of Coal of German Company E.ON/UNIPER, Carlos Sacristan and Director Coal and Freight Gustavo Farnandez here in city Dusseldorf in Germany.
It was also discussed in the meeting the Sindh government wanted to work with the German company to utilise its experience for the purpose of investments in public private partnership sector. Talking to the delegation, Carlos Sacristan showed his keen interest in the projects regarding the producing electricity through coal in Sindh and said that their company had a vast experience in the exploration of oil and gas.
Talking to the officials of the German Company, Chairperson SBI, Ms Naheed assured the company regarding provision of all facilities for investment in Sindh. She said that the Sindh government was giving valuable incentives to the international companies for investment in Sindh in energy and other sectors.

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