Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTAug 28 (Renewables Now) - The renewables arm of General Electric (NYSE:GE) has recently signed a deal to equip a 150-MW wind project in Jhimpir, Pakistan, the US conglomerate announced today.
Tricon Boston Consulting Pvt Ltd (TBCPL), a Special Purpose Vehicle (SPV) set up by Sapphire Textile Mills Ltd, has contracted the company to supply and install 87 units of its GE 1.7-103 wind turbines for the project in the Gharo-Keti Bandar Wind Corridor.
The particular wind park will be built by Power China, which got the engineering, procurement and construction (EPC) job. The plant will be capable of producing enough electricity to supply more than 50,000 local homes.
In addition to supplying the turbines, GE will also operate and maintain the facility for a period of 10 years.
“GE is committed to supporting the Pakistani government in meeting its goals of providing reliable power to improve the lives of the people of Pakistan,” stated Manar Al Moneef, CEO of Renewable Energy at GE Middle East, North Africa and Turkey.
Weekly renewables M&A round-up (Jun 27-Jul 1)
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