http://www.dailytimes.com.pk/default.asp?page=2009\01\01\story_1-1-2009_pg5_13
Thursday, January 01, 2009
Pakistan and Iran ink MoU for 50MW wind farm
KARACHI: One of the highlights of the visit of the Iranian Minister of Energy Engr Parviz Fattah was the witnessing of the signing of a MoU between Planet Energy Pvt Ltd and Sunir Co of Iran for the joint development of a 50MW wind farm in Pakistan. The MoU was signed by Chairman Planet Energy Pvt Ltd, Tariq Sayeed and the Managing Director Sunir Co Reza Ebadzadeh. As per the MoU, both companies would jointly invest in developing this wind farm. This is the significant development in the renewable energy sector, especially wind, where a foreign company has shown willingness to invest in Pakistan in present circumstances. The signing ceremony was also witnessed by the Minister of Water and Power, Raja Pervaiz Ashraf, who is also the chairman of the alternative Energy Development Board. Talking on the occasion, the Sayeed said that the pace of development of this wind farm will depend on the allotment of land by the AEDB. Talking on the occasion, Ashraf appreciated the roll of the private sector and assured Sayeed of help needed for the quick completion of the project. staff report