Govt taking all measures to ensure energy security
The AEDB has been pursuing the development of renewable energy power projects through private sector.
The government is taking all possible measures to ensure energy security and sustainable development in the country.
According to official sources, in a bid to diversify the country's energy mix, attention is being given to fast track development of Alternative and Renewable Energy resources.
The Alternative Energy Development Board (AEDB) has been pursuing the development of renewable energy power projects through the private sector. As a result, more than one billion dollars investment had been made alone in the wind energy sector in the last couple of years.
Five wind power projects with a cumulative capacity of 255.4 MW were operational at the moment and another eight wind power projects having a cumulative capacity of 429 MW were under construction. Two bagasse based projects with a cumulative capacity of 52 MW were also operational.
It is being ensured that quality solar devices were imported into Pakistan so that the consumers got value for money and Pakistan avoided market spoilage.
The Government has built a 100 MW solar plant in Punjab, as part of its plan of 1,000 MW from solar energy, so that it would lead the way to large scale private sector investment in renewables in the country.
Sources said major initiatives now underway in terms of power generation, transmission system up-gradation, LNG, diversified fuel based projects as well as alternative and renewable energy projects would transform the landscape of the power sector within the next three years.