Mondofin UK receives letter of intent from the Sindh Government to develop a 50MW Waste-to-Energy project in Karachi, Pakistan
Mondofin UK, through its local partner BRV, received on April 1 a signed letter of intent (LOI) to develop a Waste-to-Energy project with a capacity of up to 50 megawatts. The project expects to process 1,500 tonnes of waste per day with an estimated investment of $150 million US dollars. Mondofin UK will execute the project with Babcock and Wilcox and licensee CSET.
The Sindh Government entered into an agreement with Mondofin UK through its local partner BRV Renewable Energy (BRV) and Technology partner Babcock and Wilcox (B&W) for launching a Waste-to-Energy project to transform the residual municipal solid waste generated in Karachi into clean electricity. At the same ceremony, the Sindh Government issued LOI’s to three other consortia.
For these four projects, the Sindh Government will provide land near the landfill site in Karachi. Energy Minister Mr. Imtiaz Shaikh said “Investments of approximately 600 million US dollars is expected for these projects and of the 15,000 tonnes of waste that Karachi’s population generates on a daily basis, about 6,000 to 8,000 tonnes of waste will be processed by the WtE plants for the production of 150 megawatts of energy”. He also mentioned that this project, launched in accordance with the “Green Energy, Clean Karachi” initiative, will not only help process the garbage from Karachi in a sustainable way but will also help meet Pakistan’s renewable energy requirements.
Energy Minister Mr. Imtiaz Shaikh, Karachi administrator Mr. Barrister Murtaza Wahab, Managing Director of Sindh Solid Waste Management Board, Mr. Zuhair Channa, Consuls General of the United States and the United Arab Emirates, the Ambassador of The Netherlands, Mr. Wouter Plomp and representatives of Mondofin UK, Babcock and Wilcox, and BRV Renewable Energy attended the signing ceremony.
Karachi Project Next steps after LOI
The LOI issued by the Sindh Government sets a clear pathway of milestones towards financial close which will take approximately 18 months. It is clear that after the successful construction of many wind projects with a cumulative installed capacity of more than 1GW, Pakistan is ready to make next steps, by implementing WtE to further reduce its carbon footprint and secure reliable as well as sustainable baseload power.
To develop the facility, Mondofin UK will work with its partner Babcock and Wilcox (B&W) via its licensee Beijing China Sciences Runyu Environmental Protection Technology (CSET) to deploy the same expertise used to build the CIXI Zhongke facility, which is one of the most efficient and cleanest and automated in the world. The plant in China commissioned in 2007, can generate around 920kWh of electricity from each tonne of waste processes 2250 tonnes daily. In 2016, The Ministry of Housing and Urban-Rural Development In 2016, rated CIXI Zhongke facility as an “AA-level domestic waste incineration plant” by. Mondofin UK expects similar success from its Pakistan project.
