Iranian company offers quick fix solution to Pakistan’s energy crisis
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MAPNA ready to invest heavily across Pakistan
An Iran based global company has offered immediate solution to the Pakistan’s prevalent power crisis which has pulled economy down and crippled general life.
Iran Power Plant Projects Management Company (MAPNA), the sixth largest power company in the world says that it can bridge gap between demand and supply of electricity within months.
A delegation headed by Muhammad Hussain Baqri, head of international communications MAPNA said this while talking to Dr Murtaza Mughal, President of the Pakistan Economy Watch (PEW).
He said that Iran’s installed capacity is 70000 MW out of which MAPNA is providing 67000 MW and we can easily provide up to 10000 MW to Pakistan on most economical rates as compare to any neighbouring country. Pakistan’s current electricity shortfall stands at 7000 MW.
Baqri said that MAPNA, having 39 subsidiaries, has its own gas fields and power plants construction facilities. It has been operating in 18 countries and it can also build power plants having international standards within 15 months with 20 per cent discounted rates.
He said that the 30 billion euro company has also interests in oil and gas, wind power and railways and it is willing Pakistan improve its railways.
The delegation also expressed interest in the setting up power plants of 1000 MW capacity and to supply and install 25 MW small power plants on ground as well as on barges to help Pakistan in overcoming the energy crisis on urgent basis
At the occasion Dr Murtaza Mughal welcomed the company to start operations in Pakistan and asked them to forward solid proposals for maintenance of power plants as their ability has been compromised due to neglect spanned over a decade.
He said that Pakistani policymakers should consider negotiating construction of large scale power plants on a turn-key basis with Iranian enterprise.
A new business friendly government is set to take charge which will improve overall investment environment in Pakistan and boost confidence of local and foreign investors, said Dr Mughal.
