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Nordex is building the wind farm on a turnkey basis alongside Descon Engineering (Pakistan). The project is the first of a possible 250MW tie-up with the owners.
The Fauji Foundation holds a 55% stake while Cap Asia and the Tapal Group own the remaining 25% and 20%, respectively.
Nordex manager Lars Bondo Krogsgaard said: “I am pleased that with this project the first of the 250MW of contracts in Pakistan will commence. It shows us that the Pakistani market holds tremendous potential that can be realised by Nordex.”
The manufacturer built its first wind farm in Pakistan last year, again for Fauji.
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The Indian government has hired Jason Miller, a former Trump aide, to lobby for India in Washington, DC for a monthly sum of $150,000 per month. Pakistan has retained Keith Schiller, also a former Trump aide, for a monthly compensation of $50,000 to help Pakistan get favorable treatment by the Trump Administration. It shows that India is outspending Pakistan by 3 to 1 on lobbying in Washington, but it does not appear to be paying off for New Delhi. …
ContinuePosted by Riaz Haq on August 13, 2025 at 5:00pm
President Donald Trump has imposed 50% tariffs on India's exports to the United States. This is far higher than most countries facing US tariffs. Explaining the punitive India tariffs, US Treasury Secretary Scott Bessent said: "India came to the table early. They’ve been slow rolling things. So I think that the president, the whole trade team has been frustrated with them. And also, you know, India, India has been a large buyer of sanctioned Russian oil that they then resell as refined…
ContinuePosted by Riaz Haq on August 9, 2025 at 12:30pm — 5 Comments
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