FIRST SOLAR POWER PLANT IN PRIVATE SECTOR TO BE OPERATIONAL IN 2015

July 2, 2014 Off By Web Desk

Lahore: The German investors will construct a Solar Power Plant at Rachna Industrial Park, on Lahore Sheikhupura Road with foreign investment and initially this power plant will produce 3Megawatt of electricity for the factory owners of the industrial park. It is expected that the power plant will be operational by first quarter of 2015. This Power Plant will ensure uninterrupted power supply to the factories at Rachna Industrial Park.

This was revealed by Mohsin Syed, Chief Executive Officer National Industrial Parks management and Development Company while talking to a group of journalists in NIP regional office here.

He informed that construction of first factory will start in 1st quarter of 2015 and by the time first factory starts its production, the Power Plant will be up and running. He also told that 16-20 factories will be operational another 15-20 will be in construction phase by the end of the second quarter of 2015.

Talking about the rate of electricity for the industrial units, he said that uninterrupted supply of electricity would be ensured to industrialists and they will be charged at utility tariff.

To a question, he said that 80 per cent construction of link road on left side of upper Chenab canal had been completed which would link the Rachna Industrial Park to motorway, Lahore Sheikhupura road, Faisalabad and other parts of the province directly.   This link road will be hopefully opened for all kind of traffic during next four to six weeks, he added.

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