‘Alternative energy projects will eradicate power shortfall’

500MW of electricity to be added soon to national grid: AEDB


September 04, 2012

ISLAMABAD: The chief executive of the Alternative Energy Development Board (AEDB), Arif Alauddin has said that a number of projects are in the pipeline to overcome the energy crisis in the country; giving relief to the people.

Giving an interview to the Pakistan Television Corporation (PTV), he said that 500 megawatts (MW) of electricity will be added to the national grid in the next few months. He said that his board is mandated only to attract private sector investment while the public sector was meant only to regulate and facilitate the process.

“Pakistan is relying heavily on fossil fuels to meet its energy requirements and the nation is spending more than $11 billion on import of petroleum products annually,” Alauddin said. The oil import bill will increase to $38 billion by 2015 and Pakistan remains at a strategic risk due its heavy reliance on fuel imports, he added.

He said that after the establishment of the AEDB in 2003, Pakistan has made considerable progress in this field. To a question, he replied that the board recently approved the New Park Energy Phase I – a 400MW wind project near Port Qasim. With help of the China Three Gorges Corporation, a 50MW wind energy plant in Sindh will be completed by next year The chairman said that recently, a memorandum of understanding has been signed at a two-day second Pak-China Joint Energy Group (JEWG) for setting up wind energy projects.

To another question, he said that a number of countries have successfully developed renewable energy sources to minimise dependence on fossil fuels. Realising country’s growing demand of the industrial and agricultural sectors and growing domestic consumption; the government has initiated several renewable energy projects to address the power shortfall, he said.

Published in The Express Tribune, September 4th, 2012.

COMMENTS (2)

Northern Alliance | 8 years ago | Reply

Wind Turbines are the best & most efficient way to move away form coal powered stations. Also bear in mind that ultimately fossil fuel powered sources will run out & cost will increase dramatically. It will be a long hard slog but say in 50 years it will be paying off...

The cuts in the solar FIT cuts have damaged our business but now the market has stabilized a little all new installations are genuine & not for claiming extra subsidies. Subsidies should only be used for major off shore wind farms.

Riaz Haq | 8 years ago | Reply

Renewables are a good idea but what Pakistan also needs is cheap domestic shale gas revolution for its energy security.

http://www.riazhaq.com/2012/04/pakistans-energy-security-via-shale-gas.html

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