Board of Investment (BoI) Director General Riaz-ul-Haq was quoted as saying by Business Times of Kuala Lumpur that the Malaysian company was working on a plan to invest in a 655MW capacity hydro-electric power project in Mansehra in the northern areas of Pakistan.
"They are also working on a 200MW gas-fired power project (combined-cycle) in Badin district," he told Business Times.
Pakistan's Private Power Infrastructure Board (PPIB) has approved the development of the two projects recently.
The PPIB projects director N.A Zuberi was also quoted as saying that the board approved the issuance of letter of interest to Green Power for the development of the 200MW gas-fired power project in Badin district and SK Hydro Consortium for 655MW Suki Kinari Hydropower project in Mansehra.
"Eden Enterprises is a member in SK Hydro Consortium and probably planning to involve in the implementation of the Green Power project," he said.
Eden Enterprises Executive Chairman Tan Sri Abdul Rahim Mohammed led a delegation of Malaysian investors to Pakistan last September. He had briefed the Pakistan government officials on Eden Enterprises' interest to invest in various sectors.
The 200MW Green Power project in Badin is expected to cost about 150 million dollars, while the 655MW-hydropower project in Mansehra may cost between 800 million dollars and one billion dollars.