The partners will set up a JV in Pakistan
By Brian Publicover in Tokyo
Thursday, October 10 2013
The companies will offer packaged construction, financing and maintenance services to independent power producers (IPPs) and developers.
Karachi-based Nizam and Powerway, a PV developer headquartered in the southern Chinese city of Foshan, did not disclose the terms of the deal.
They will set up a firm in Pakistan to handle engineering and construction services, in addition to another new venture in Dubai that will specialise in procurement and project financing.
Powerway, a unit of China’s Aikosolar, has subsidiaries in Japan and South Africa and claims to have developed 1.2GW of solar projects.
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