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South Korea

South Korea

Hyundai partners with Yunus Brothers to build 50MW wind farm in Pakistan

SOUTH KOREA: South Korean industrial giant Hyundai Heavy Industries (HHI) has announced plans to build a 50MW wind farm in the southern Pakistani province of Sindh.

Hyundai set to build 600MW wind farm in Sindh, Pakistan
Hyundai set to build 600MW wind farm in Sindh, Pakistan

The plant will consist of 30 Hyundai 1.65MW turbines manufactured at the company’s factory in Gunsan City, on South Korea’s west coast.

HHI calls Gunsan Korea’s largest wind turbine factory, with annual production capacity of 600MW. The company aims to complete the Pakistani wind farm by midyear.

The plant will produce enough electricity for 60,000 households, helping mitigate chronic power shortages in the area. HHI is partnering with Pakistani industrial conglomerate Yunus Brothers Group to build the plant.

A consortium between Korean Southern Power Co, Hyundai Engineering Co and Hyundai Corp holds a 49% stake in Yuna Project, a special purpose company behind the new plant.

Yunus Brothers holds the remaining stake. HHI says it foresees great opportunity in Pakistan. "The country has 1046 kilometres of coast with an average wind speed of seven metres per second," it claims.

HHI earlier partnered with fellow Korean firm Hyosung to produce wind turbines and the companies have voiced plans to install about 100 2MW on- and offshore turbines across Korea by 2012.

Korea Southern Power is to oversee power distribution. Hyosung recently said it signed a $39.8 million contract with India's Ghodawat Energy to supply an undisclosed number of 1.65MW wind turbine gearboxes to 2013.

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