K-Electric and Engro Energy have signed a Memorandum of Understanding (MoU) in order to establish a 50MW garbage to electricity i.e Solid Waste to Energy Plant. It will be developed at an estimated cost of US$ 175 million. This will help in reducing the climate change impacts by converting the municipal solid waste in Karachi into an indigenous and renewable resource of energy.
Moonis Alvi the CEO KE and Ahsan Zafar Syed, CEO Engro Energy signed the MoU at the head office of KE.
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Karachi’s municipal solid waste will be reduced by 3,000 tons per day in order to generate electricity via the project. It will play an important role in addressing the municipality’s waste issue and also contribute to meet the Karachi’s growing power needs.
CEO KE Moonis Alvi said, “KE is committed to providing clean, reliable and affordable energy for the sustainable development of the city. Signing of this MoU today is yet another testament of our efforts towards a cleaner and greener Karachi. We are hopeful to complete this project as soon as possible with the right facilitation from all concerned quarters and regulatory approvals.”
Adding, “As per reports, Karachi produces around 12,000 to 15,000 tons of solid waste daily and therefore has the potential to generate more than 200MW of electricity. Successful commissioning of this project will encourage the development of more such projects in the future to address the pressing waste disposal issues while also resolving the problems of limited landfill spaces and gas emissions.”
CEO of Engro Energy Ahsan Zafar Syed said, “Engro is always at the forefront of solving the pressing issues of our time and one such challenge that our country faces is waste management in our cities. This collaboration with Karachi Electric signals our resolve to find a solution around the waste management issues in one of Pakistan’s major cities. Karachi is home to a populace of over 20 million people and the waste-to-energy plant will not only add clean energy to K-Electric’s energy mix but will also provide a sustainable way to manage solid waste which is important for the environment whilst improving livability index of Karachi.”