HBL, Pakistan Cables, BCEM and Orient Energy mark successful signing of 7.5MW wind power project
KARACHI – HBL, in partnership with Burj Clean Energy Modaraba (BCEM) and Orient Energy Systems, has successfully completed the financing and signing of agreements for a 7.5MW wind power project to supply green energy to Pakistan Cables’ factory in Nooriabad, Sindh. The project represents a significant step towards accelerating renewable energy adoption within Pakistan’s industrial sector while delivering long-term economic and environmental benefits. Under an Ijarah agreement, BCEM will develop, own and operate the project as lessor, with Pakistan Cables as lessee. OES has been appointed EPC contractor, using GOLDWIND turbine technology, and BCEM has secured project financing from Habib Bank Limited (HBL).
With this step, Pakistan Cables continues to accelerate its efforts to meets its climate action goals while at the same time reducing operational costs. With an energy mix that already includes solar, wind energy will further reduce dependency on non-renewable energy sources. This would make Pakistan Cables the most renewable energy centric company in the cable industry in Pakistan and will continue to support its efforts to enhance its domestic and international footprint. BCEM’s journey in the wind technology space began with the commissioning of a 7.5MW wind power plant at Power Cement Limited in Nooriabad, pioneering the use of wind power purchase under lease agreements for industrial clients in Pakistan.
Building on this foundation, the Modaraba has continued to expand its clean energy portfolio, and its latest partnership with Pakistan Cables marks another step in bringing reliable, sustainable wind power to Pakistan’s industrial sector.
As EPC contractor, OES will manage engineering, procurement and construction, drawing on its experience delivering wind and solar installations across Pakistan. Its partnership with GOLDWIND, the turbines’ manufacturer, underpins the project’s performance and after-sales support.