The Korea Southern Power Company (KOSPO) has executed a memorandum of understanding (MoU) for the development of wind power projects in Pakistan’s Sindh province.
The agreement has been signed between KOSPO and the Sindh Board of Investment.
Under the terms of the agreement, KOSPO will develop 2,000MW wind power projects in Gharo-Keti Bandar wind corridor in the province.
The company had previously completed an initial survey of the wind corridor, reports APP.
Sindh chief minister Syed Qaim Ali Shahn said South Korea is also planning to invest in other energy projects as well as coal field development, infrastructure and mass transit system worth a total of $6bn.