U.S. envoy signs financing agreement for 50 MW wind farm in Pakistan

U.S. Ambassador Richard Olson signed Wednesday on behalf of the Overseas Private Investment Corporation (OPIC) a $95 million [over Rs 9.96 billion], ten-year loan to Sapphire Wind Power Company to build a 50-megawatt (MW) wind power plant in the Ghoro-Keti Bandar wind corridor near Jhimpir in Sindh.

Chief Executive Officer Nadeem Abdullah signed on behalf of the Sapphire Wind Power Company.