This wind Corridor has 50000 Mega Watt potential with average wind speed over 7 meter per second. Government of Pakistan has announced upfront tariff and ROI of 17 percent which is highest in the World. There are 14 projects in the pipeline out of which 50MW FFCEL project will achieve COD by mid December 2012.
Fauji Fertilizer Company Energy Limited, is building 49.5 MW wind Energy Farm at Jhimpir near Karachi. Contract of supply of mechanical design was awarded to Nordex and Descon Engineering Limited. Nordex a German wind turbine manufacturer. In the end of 2011 49.6 MW will be completed.Pakistani Govt. also has issued LOI of 100 MW Wind power plant to FFCEL. Pakistani Govt. has plans to achieve electric power up to 2500 MW by the end of 2015 from wind energy to bring down energy shortage.
Foundation Wind Energy I Limited and Foundation Wind Energy II (Private) Limited
Fauji Foundation is under process of achieving financial close for two wind projects (50MWs each) at Gharo, Thatta District. The EPC contractors are Nordex and Descon with Nordex as the lead contractor. Once the aforementioned projects reach financial close, these will have 15 months for being fully operational (i.e., despatch of energy under EPA).