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US to finance wind power project in Pakistan
March 24, 2013
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ISLAMABAD: The Board of Directors of the Overseas Private Investment Corporation (OPIC) has approved $95 million in financing for a wind power project poised to deliver much needed electricity to Pakistan.

The credit facility will help build a 50 Megawatt (MW) wind power plant in the Ghoro-Keti Bandar Wind Corridor in south-eastern Pakistan, designed to generate 133 Gigawatt hours of emission-free electricity annually.

A statement from OPIC which is a development finance institution for the US government, said that using General Electric Wind turbines the Sapphire Wind Power plant supports a mutual US-Pakistan goal to diversify Pakistan’s power generation beyond reliance on high-priced fuel oil by tapping Pakistan’s vast renewable energy potential.

Internews

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