Oil & Energy - , ,
Siddiqsons Power is the Power Sector Development division of Siddiqsons Group with the mandate to establish Coal and Renewable Energy IPPs for a sustainable energy-secured future of Pakistan. Siddiqsons Group entered the power sector through Siddiqsons Energy Limited, with the initiative to establish an imported-coal based IPP in Pakistan and contributing to the elimination of power crisis in the country. This 350 MW Coal Project, is being established in Eastern Industrial Zone, Port Qasim, Karachi and is in its advanced stages of development and expected to come online in 2019. To provided green renewable energy power to the country, Siddiqsons has initiated development on Solar and Hydro Projects. Siddiqsons Group's renewable energy portfolio consists of the following assets: 1. 50 MW (Gross) Solar IPP in Chakwal, Punjab ("Chakwal Solar") 2. 50 MW (Gross) Solar IPP in Nowshera, KPK ("Nowshera Solar") 3. 50 MW (Gross) Solar IPP in Lachi, Kohat, KPK ("Kohat Solar") 4. 50 MW (Gross) Solar IPP in Sukkur, Sindh ("Sindh Solar") 5. 35 MW (Gross) Run-of-the-river Hydro IPP, Jagran-III, in Neelum District, AJK ("Jagran-III Hydro")