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Free Press Release

FFCEL signs MoU with German firm for installation of wind energy plant

Wednesday, 10 Mar, 2010 8:26 pm

ISLAMABAD : FFC Energy Limited (FFCEL), on Wednesday finalized contracts of Engineering, Procurement and Construction (EPC) and Operation and Maintenance (O&M) with Nordex of Germany for development of 50 Megawatt Wind Power Project at Jhimpir, Sindh.

FFCEL is a fully owned subsidiary of Fauji Fertilizer Company Limited (FFC) while Nordex AG is a leading manufacturer of Wind Turbines in the world.

Founder and Chief Sales Officer of Nordex Carsten Pedersen and Lt Gen (R) Malik Arif Hayat CE & MD, FFC & FFCEL exchanged the contract documents, a press release issued here said.

Arif Alauddin, CEO Alternative Energy Development Board (AEDB) Pakistan was also present at the ceremony.

FFCEL shall soon be filing Tariff Petition with NEPRA for the project. The construction of the project, shall begin after Tariff approval from NEPRA and signing of Energy Purchase Agreement between FFCEL and Central Power Purchase Agency.

The project, once operational, shall address electricity shortage in the country and will also help the economy by providing cleaner, sustainable and economical electricity to the nation.

FFC has further planned to develop and establish more renewable energy projects in Pakistan to contribute towards fulfilling Pakistan's electricity needs through captive renewable resources.

To that end, FFC has already obtained Letter of Intent (LOI) of additional 100 MW Wind Power Projects from (AEDB).

Copyright APP (Associated Press of Pakistan), 2010

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