Two Memorandums of Understanding (MoUs) were signed by the Water and Power Development Authority with the United Arab Emirates' Private Office of Sheikh Ahmed Dalmook Al Maktoum.
Sheikh Ahmed Dalmook Al Maktoum and Chairman WAPDA Lt Gen (Retd) Sajjad Ghani signed the MoUs on behalf of their respective organizations, according to sources.
The initial Memorandum of Understanding (MoU) aims to create a framework for cooperation and collaboration between the Private Office of Sheikh Ahmed Dalmook Al Maktoum and WAPDA to investigate investment options for WAPDA's small hydroelectric power plants, including 1MW-Renala, 22 MW-Rasul, and 13.3 MW.
13.8 MW-Nandipur and 2 MW-Chichokimalian.
In particular, the development of a floating solar power project on water reservoirs and other bodies of water adjacent to the current hydel power stations of WAPDA is the focus of the second MoU, which relates to the exploration of investment potential in Pakistan's energy industry.
In accordance with the two Memoranda of Understanding, both organizations will collaborate to evaluate the technical and financial viability of these projects and create a strategy for their execution.
The Pakistan Water and Power Development Authority (WAPDA) was created by a parliamentary legislation in February 1958 for the purpose of integrating and maintaining the nation's water and power resources. To support the nation's primarily agricultural economy, this includes managing soil salinity and water logging.