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Baner Club > Blog > Business > International businesses invest in solar and wind energy projects in Karachi
Business

International businesses invest in solar and wind energy projects in Karachi

Private firms to start project to supply electricity to citizens through alternative sources in collaboration with KE

Last updated: 2024/04/05 at 3:31 PM
Published April 5, 2024
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These programs have the potential to completely transform the energy industry by giving people access to reasonably priced electricity produced from alternative sources.

Along with K-Electric, private businesses will launch a project to provide residents with electricity from alternate sources. TV has seen the letter that K-Electric sent to the private enterprises.

These private enterprises’ wind and solar power generation projects are expected to bring in $40 million and will be merged with K-Electric.

With bold plans to add 640 megawatts (MW) of solar and wind energy to the current system within the next two years, the CEO of K-Electric has promised a major increase in the production of sustainable energy.

Karachi stands to gain from the 40 local and international businesses competing to contribute to the alternative energy sector.

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April 5, 2024 April 5, 2024
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