Gul Ahmed Wind Power Limited is 55% owned subsidiary of Gul Ahmed Energy Limited. Gul Ahmed Energy Limited is backed by Gul Ahmed Group which is one of Pakistan’s leading business groups with a much diversified portfolio of businesses and investments. The group has been in existence since 1948. Since then, the group has entered into several successful business ventures, with interest in Finance, Energy, Beverages, and Real Estate and last but not the least textile, the Group’s main forte. The Group is involved in the manufacturing of cotton yarns, grey and finished cloth and textile made ups. It is one of the leading exporters of textile products from Pakistan. GAWPL is also owned and developed by Infraco Asia Indus which is owned by Infraco Asia, InfraCo Asia is a part of the InfraCo Group, which is a donor funded infrastructure development company, funded by the Private Infrastructure Development Group (PIDG), members of which include the development agencies of Austria, Ireland, Netherlands, Sweden, Switzerland, UK, KfW and the World Bank Group including International Finance Corporation. InfraCo Asia was established in 2010. International Finance Corporation ( World Bank group) is also a minority shareholder in the Wind Project.
After the increase in oil and gas prices and tremendous potential that the Wind Corridor in Pakistan presents, Wind Energy appealed as the most viable and long term solution for a country like Pakistan. Based on this, Gul Ahmed Group, under the Government of Pakistan’s (GOP) Policy for Development of Renewable Energy for Power Generation 2006, applied Letter of Intent (LOI) for 1×50 MW wind power generation project, namely Gul Ahmed Wind Power Limited. The company has signed its finance documents and should start its electricity generation by December 2016.
The proposed wind farm site is located in the south of Pakistan, i.e. between Karachi & Hyderabad in Jhimpir. It is located approximately 100 km inland from the coast in a semi desert area, the nearest habitat being Jhimpir (2.5 km southeast) and Nooriabad (22 km North-west). The project is located beside its group company’s wind Project, Metro power Company Ltd. The project site is also adjacent to Super Highway which provides a clear access to the Gul Ahmed Wind Power Project site. The site is approximately 643 acres of land, and will install 20 x 2.5 MW Nordex turbines for its 50MW wind power plant.
To be recognized as the performance leader in the Energy sector of Pakistan. Being a performance leader means we will achieve operational excellence, industry leading customer satisfaction and superior performance.
Profitable growth through superior customer service, innovation, quality and commitment. To ensure financial success, we will generate competitively priced electric energy using advanced technologies and committed human resource.”