Saturday 21 December 2013

Korean firm to invest in converting tube-wells on solar energy in KPK

PESHAWAR  - A Korean company in solar energy sector CK Solar Company Ltd has expressed its interest to invest in converting tube-wells on solar energy in Khyber Pakhtunkhwa. Conversion of tub-wells on solar energy is sustainable saving of electricity in the province.
  In this regard a delegation of the company called on the head of investment promotion cell and Advisor to Chief Minister Khyber Pakhtunkhwa Rafaqatullah Baber at his office in Peshawar. The delegation consisted of the company Chief Executive Dr Choi Moon Sok and M. Sooba Khan. Rafaqatullah Baber informed the Korean delegates that in view of the shortfall of electricity in the country the provincial government has decided to convert tube-wells in the province on solar energy.
He assured the delegation that the provincial government would not only encourage the foreign investors desiring to invest in energy sector including solar energy in the province but would also provide them all the required facilities and security.
CEO of the Korean company told that a sister company of his firm viz CK-Water Ltd was also examining the investment possibilities in hydropower projects in Khyber Pakhtunkhwa.

http://www.nation.com.pk/business/21-Dec-2013/korean-firm-to-invest-in-converting-tube-wells-on-solar-energy-in-kpk

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