Naveena Group to establish wind power project in Jhimpir

The Naveena Group has announced that it has achieved financial close with the Government of Pakistan for its 50 MW Wind Power Project in Jhimpir, Thatta, Sindh.

The project cost of USD 63.9 million will provide the cheapest electricity to the consumers at a price of US cents 4.7154/kwh from a platform of clean and green energy.

The project is scheduled to come on line by the end of 2021.

Having begun its journey in 1971, the group's global footprint extends across denim, spinning, property development, steel and power.-PR

Copyright Business Recorder, 2019

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