Energy Solutions : Country to produce 479MW wind power
The board estimates that the country can produce as much as 50,000 megawatts from wind projects
ISLAMABAD:
Pakistan plans to commission nine wind power projects with a combined capacity of 479 megawatts under deals signed since Prime Minister Muhammad Nawaz Sharif’s government took office two years ago, an official said. Pakistan’s Alternative Energy Development Board, Director General of finance Joudat Ayaz said the projects are worth $1.1 billion and are located in Sindh stretching from Karachi up the Indus River, Bloomberg reported. Lenders such as the International Finance Corp, Asian Development Bank, Overseas Private Investment Corp and Habib Bank Ltd are among those financing the projects. The Alternative Energy Board is in talks for projects totaling another 774 megawatts for wind and 711 megawatts from solar installations. The country currently has 255 megawatts of commissioned wind farms. The board estimates that the country can produce as much as 50,000 megawatts from wind projects, which currently has a power generation capacity of 22,000 megawatts.
Published in The Express Tribune, July 29th, 2015.
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