Pakistani firm signs deal with Chinese wind turbine producer

Author: Agencies

A major developer of wind energy in Pakistan, ACT Wind (Pvt) Limited, has signed a contract with Xinjiang Goldwind Science Technology Co., Ltd. to acquire 50MW suite of wind turbine for the Phase II ACT project. The suite is comprised of 20 turbines with each having a capacity of 2.5MW.

It’s the second time the two companies stroke a deal and the first can date back to four years ago when ACT project Phase I of 30MW adopted Goldwind’s wind turbines, which have been in secure and stable operation since then, China Economic Net reported on Friday. ACT project Phase I is first of the many power projects jointly owned and operated by Tapal Group, Akhtar Group and Ismail Industries.

The plant comprises of 20 wind turbines having a combined capacity to generate 30MW of electricity (each having a capacity of 1.5 MW). The project achieved its Commercial Operations Date on 8th October, 2016. The ACT project Phase II is set to be located in Jhimpir, known as “the pathway of wind” in Sindh province. Goldwind was the first Chinese wind turbine producer to enter the Pakistani market in 2013. It has customized high-temperature wind turbine for Pakistan that boasts average availability of over 99% in a long term.

Meanwhile, Goldwind has cultivated local talents with knowledge and skills on operation, maintenance and examination of wind power plant. With an edge in providing products that feature high-adaptability to the environment and stable operation, Goldwind has grown to become a model for local wind power projects.

Share
Leave a Comment

Recent Posts

  • Business

Tax evasion to be dealt with iron hand: Khurram Shahzad warns

Advisor to the Finance Minister Khurram Shahzad Friday announced that FBR has collaborated with the…

12 hours ago
  • Business

Short-term inflation up by 0.80%: PBS

The weekly inflation, measured by the Sensitive Price Indicator (SPI), went up by 0.80 percent…

12 hours ago
  • Business

Gold rates dip by Rs.800 per tola

The price of 24 karat per tola gold decreased by Rs.800 and was sold at…

12 hours ago
  • Business

Rupee sheds 9 paisa against dollar

Pakistani rupee on Friday depreciated by 09 paisa against the US dollar in the interbank…

12 hours ago
  • Business

PSX turns bullish, gains 927 points

The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Friday,…

12 hours ago
  • Business

Expanding tax base not burdening citizens: ACT Alliance

The ACT Alliance Pakistan welcomed the recent announcements by Federal Finance Minister Muhammad Aurangzeb and…

12 hours ago