Emporium shopping mall in Lahore to be equipped with 2,0 MWp solar energy installation
Lahore, Pakistan. Oursun Solar Power Ltd., a subsidiary joint venture company of the Swiss based meeco Group, and the Pakistani multinational Nishat Group have concluded an agreement for the supply of a total of up to 2,0 MWp of sun2roof solar energy installations for the future emporium mall in the framework of a Power Purchase Agreement (PPA).
The mall will be located in the Trade & Finance Centre at Johar Town near the Expo Centre in Lahore and will be the biggest custom-built shopping mall in the country covering a total area of 2,7 million square feet. The construction of the mall has already commenced in 2013 and is expected to be completed in the fourth quarter of 2015. The installation of the sun2roof solar system is foreseen to be initiated in the third quarter of 2014 to be completed by the year end.
The Emporium Mall will include:
|• 130 retail stores with high-end brand presence
• a food court with 30 outlets/restaurants and a seating capacity of up to 2200 seats
• a vast and spacious hyperstore (run by Carrefour)
• a multi-screen Cineplex
• a 60000 square feet play zone
• a 110-Room 4 star hotel with 4000 capacity
• an underground parking space for 2000 cars
The expected daily footfall would be 30000 to 40000 people.
Nishat Group is one of the largest private employers with 30 000 employees in Pakistan. With the Emporium mall, one of its biggest real estate development projects so far, the company chose to go for clean / renewable energy source through Oursun with The meeco Group. The installation will make use of high quality European components and is expected to produce 3850 MWh per year thus saving 331 tons of CO2 emissions.
“We are glad to cooperate with one of the biggest private companies in Pakistan and were chosen to contribute to such a considerable and ambitious project. We are confident that this will accelerate the business development and awareness of Oursun / The meeco Group in the renewable energy market in Pakistan and beyond the country. Furthermore, we are looking forward to further cooperation in a variety of projects with the Nishat Group in the near future”
Syed Saad Zafar, CEO of Oursun Solar Power Ltd.