- The first MoU is related to exploring investment opportunities for WAPDA’s small hydel power stations.
- The second MoU is related to exploring investment opportunities in Pakistan’s energy sector.
The Pakistan Water and Power Development Authority (WAPDA) signed two Memoranda of Understanding (MoU) with the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum of the United Arab Emirates.
The MoU was signed by the Chairman of WAPDA, Lt Gen Sajjad Ghani (Retd) and His Royal Highness Sheikh Ahmed Dalmook Al Maktoum on behalf of their organizations.
The first MoU is aimed at establishing a framework for cooperation and collaboration between the Private Office of His Royal Highness Sheikh Ahmed Dalmook Al Maktoum and WAPDA to explore investment opportunities for WAPDA’s small hydel power stations, including 1MW Renala, 22 MW-Rasul, 13.2 MW-Chichokimalian and 13.8 MW-Nandipur.
The second MoU is related to exploring investment opportunities in Pakistan’s energy sector, specifically for the development of floating solar power projects on water reservoirs and water bodies of the existing hydel power stations of WAPDA.
Under the two MoU, both organizations will work together to assess these projects’ technical and economic feasibility and develop a plan for their implementation.