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Home Breaking News

Wapda, UAE firm sign two MoUs for enhancement of investment opportunities

byCT Report
24/06/2023
in Breaking News, Lahore, Latest News, Slider News
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LAHORE: Wapda signed two Memoranda of Understandings (MoUs) with the Private Office of His Royal  

The MoUs were signed by Wapda Chairman Lt Gen Sajjad Ghani (Retd) and His Royal Highness Sheikh Ahmed Dalmook Al Maktoum on behalf of their organisations.

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The first MoU is aimed at establishing a framework for cooperation and collaboration between the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum and Wapda to explore investment opportunities for Wapda’s small hydel power stations including 1MW-Renala, 22 MW-Rasul, 13.2 MW-Chichokimalian and 13.8 MW-Nandipur. The second MoU is related to exploring investment opportunities in energy sector of Pakistan, specifically for development of floating solar power project on water reservoirs and water bodies of the existing hydel power stations of Wapda.

Under the two MoUs, both the organisations will work together to assess the technical and economic feasibility of these projects and develop a plan for their implementation

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