Jun 3, 2014 - Wind energy is a feasible long-term solution for Pakistan’s growing power needs, according to Vestas Wind Systems A/S (CPH:VWS), and the Danish firm is ready to share its knowledge and resources with local investors.
Pakistani newspaper The News International today cited the wind turbine maker’s chief operating officer (COO) as saying that wind farms can help Pakistan cope with the expanding energy crisis. Danny Nielson said, at a wind energy seminar on Monday organised by the Danish embassy and Vestas, that Pakistan will be able to produce a substantial amount of energy from wind parks in a relatively short period.
According to the report, the Danish company is also willing to provide assistance to Pakistani investors in securing financing for wind scheme. Vestas already has sufficient experience with international financial institutions.
At the seminar Jesper Moller Sorensen, Denmark’s Ambassador to Pakistan, noted that his country wanted to strengthen its trade and commercial relationship with Pakistan.
In April the Daily Times said that by end-2014 Pakistan will put on stream six wind power plants with a combined capacity of 330 MW.
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