During a ceremony held at Nabirsar, Chief Minister Sindh Syed Murad Ali Shah laid the foundation stone of a 100 billion rupee water infrastructure project for the generation of approximately 1650 MW of energy. The water will be supplied to an independent power producing unit IPP which is committed to generate the power through coal firing in Thar Block-I. For the purpose of completion of this project, a canal is required to be constructed which will take more than the time provided by the IPP and a huge amount of initial investment, so the project will be completed under PPP mode according to the Sindh government.
CM stated that an investment company based in Kuwait, M/s enertech Water Pvt. Ltd, was interested in establishing the basis of this project and a concession agreement was signed last year. The company will be constructing a 60.7 km pipeline of 45 cusecs capacity from Nabisar to Vajihar along with construction of two reservoirs with a capacity of 45 and 30 days at Nabisar and Vajihar respectively. Two pumping stations will be installed with a combined capacity of 60 cusecs. The capacity of the reservoir has been increased to avoid evaporation loss.
CM Sindh said that the transaction plan for the project has also been honoured with a couple of awards for the most innovative deal of the year and Pakistan deal of the year, and has also been a runner up in the category of Project and Infrastructure Finance deal of the year. Both the awards were announced by the globally reputed Islamic Finance News IFN. The project is said to be completed within a year and will generate a total revenue of 35 billion rupees for the province. During the ceremony, notable personalities like Provincial Minister for Energy Imtiaz Shaikh, Minister for Education Syed Sardar Shah, Minister for Irrigation Jam Khan Shoro, MNAs Mir Munawwar Talpur, Dr Mahesh Malani, CM Special Assistant on Investment Syed Qasim Naveed, Consul General of Kuwait Salim Yusif Al Hamdan, CEO of Kuwaiti Company Enter Tech Holding Company Abdulla Al Mutairi, CEO Enertech Water Private Ltd Yasser Malik, Chairman Pakistan Kuwait Investment Company Mohammad Al Fares, Chinese experts working on the project were present.
