Germany keen to invest in NTDC projects

Staff Reporter

LAHORE

German Ambassador to Pakistan Ina Lepel said that Germany has always considered Pakistan as its important ally in South Asia and would boost cooperation in Energy Sector of the country. This was stated today during her visit to 500 kV Grid Station Nokhar near Gujranwala, a project of National Transmission and Despatch Company Limited (NTDC), completed earlier with funding of German Bank. Ms Ina Lepel was flanked with First Secretary Sabastian Ernest and KfW team comprising of Dr. Flank Albert, Wolfgang Moellers and Dr. Parvaiz Naim.
Earlier, Delegation of Germany’s KfW State Development Bank met Managing Director NTDC Dr. Fiaz A. Chaudhry at his office in WAPDA House Lahore and showed interest in cooperation of future projects of NTDC. Dr. Chaudhry welcomed their offers and affirmed that Germany has played an important role in the development of Pakistan’s Energy Sector. He said that 500 kV Grid Station Sheikhupura, 500 kV Sheikh Muhammadi Peshawar and 500 kV Nokhar grid station near Gujranwala were completed with financial assistance of KfW development bank.

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