KARACHI: A Kuwaiti state-owned firm will build a 61-kilometer pipeline to supply water from Nabisar to Vajihar in Sindh’s Tharparkar desert, announced Pakistan’s diplomatic mission in Kuwait in an official statement on Thursday.
The official signing ceremony between EnerTech Holding Company and the provincial administration of Sindh to prepare the financing documents for the project, which is estimated to cost $190 million, was held in Karachi on Wednesday, said the statement.
Pakistan’s ambassador to Kuwait Syed Sajjad Haider and the chief executive officer of EnerTech Global Abdullah Al-Mutairi attended the event virtually.
Earlier this year, the two sides also signed a concession agreement in June 2021.
“The project aims to build and operate a historic water supply and storage project, with a total project cost of about $190 million, in the Thar region of Sindh Province, Pakistan,” the embassy announced.
It added that the initiative was also going to result in job creation in the area.
EnerTech Holding Company is wholly owned by the Kuwait Investment Authority (KIA).
The 25-year concession agreement is for the processing and supply of 45 cusecs water from Nabisar to Vajihar.
Expressing his view on the strategic project, the CEO of the Kuwaiti firm applauded the Pakistani authorities, financial institutions and his own team for making the timely execution of the project possible.
Al-Mutairi maintained Pakistan was an emerging economy while expressing his desire to develop projects and avail opportunities in areas involving clean water, renewable energy and sustainable infrastructure development.
The Pakistani ambassador also praised all the stakeholders “on this historic day” and said the realization of the agreement was the manifestation of the growing bilateral relations between the two countries.
Addressing the concession agreement signing ceremony in June, Sindh Chief Minister Murad Ali Shah mentioned the water supply project would ensure the provision of industrial water to coal-based power sector in the area.