K-Electric signs 25 years energy purchase agreement

K-Electric signs 25 years energy purchase agreement

K- Electric has signed a 25-year Energy Purchase Agreement with Oursun Pakistan in Karachi.

A spokesman of K-Electric said 50 MW Solar Power project in district Thatta is expected to commence commercial operation by 2018.

He said K-Electric has invested 1.2 billion dollars and added 1037 MW in its generation capacity since 2009.

A spokesman of Oursun Pakistan said the solar photovoltaic power generation is environment friendly.