Home »Fuel and Energy » Pakistan » 10 megawatts IPP to be built at SIP for industrial units

  • News Desk
  • Dec 6th, 2012
  • Comments Off on 10 megawatts IPP to be built at SIP for industrial units
A 10-megawatt independent power plant (IPP) will be constructed at Sargodha Industrial Park (SIP), which will provide uninterrupted power supply to all industrial units. The SIP is a project of Pakistan Industrial Development Corporation (PIDC) being developed by the National Industrial Park (NIP), said Mohsin Syed, Chief Executive Officer of NIP in a meeting of stakeholders held on Wednesday.

He said that many companies show interest to setting up the independent power unit. The power plant will be built on buy operate own (BOO) basis for uninterrupted power supply. He said that PIDC has already purchased a 100 acre land and NIP will undertake the construction of its infrastructure like roads, sewerage, drainage, water and telecommunication.

CEO NIP Mohsin Syed said that the political leadership of the area including Federal Minister for Production Chaudhry Anwar Ali Cheema has taken personal interest in this project as it will provide thousands of jobs opportunities to the area people.

He said that SIP offers an ideal location to conveniently serve the industrialists and other sectors of the economy because its distance is 3.5 kilometers from Sargodha bypass and 14-kms from city centre. He said that the SIP is being set up to create employment opportunities in the local cottage industries of bakelite switches, tractors crank shaft, fruit processing, rice husking, Daal mills, fruit juices and other small and medium industries.

Copyright Business Recorder, 2012


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