close
Advertisement
Can't connect right now! retry

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!

add The News to homescreen

tap to bring up your browser menu and select 'Add to homescreen' to pin the The News web app

Got it!
A
APP
March 26, 2020

Wind projects of 660MW likely to start generation by Dec 2021

Business

A
APP
March 26, 2020

ISLAMABAD: As many as 11 wind projects with cumulative capacity of 660MW have achieved financial closing and are likely to attain commercial operation by December 2021, officials told APP on Wednesday.

These projects included 50MW Master Green Energy Ltd, 50MW Tricom Wind Power Pvt Ltd, 50MW Lakeside Energy Pvt Ltd, 50MW Artistic Wind Power Ltd and 50MW Liberty Wind Power 1 Pvt Ltd.

Similarly, 50MW Indus Wind Energy Ltd, 50MW Master Green Energy Ltd, 50MW ACT2 Wind Pvt Ltd, 50MW Liberty Wind Power 2 Pvt Ltd, 60MW Metro Wind Power Ltd, 50MW Masda Green Energy Pvt Ltd, 50MW DIN Energy Ltd and 50MW Gul Ahmed Electric Ltd would attain commercial operation by December 2021.

All these projects were being set up at Jhimpir District Thatta, the officials said. Meanwhile, As many as 24 wind power projects having cumulative capacity of 1,233.37MW have achieved commercial operation so far and are supplying electricity to the national grid.

These projects included 49.5MW FFC Energy Limited, 56.4MW Zorlu Enerji Pakistan (Pvt) Ltd, 49.5MW Three Gorges First Wind Farm Pakistan (Pvt) Limited, 50MW each Foundation Wind Energy-I and II Ltd, 52.8MW Sapphire Wind Power Company Ltd, 50MW Yunus Energy Ltd, 50MW Metro Power Company Ltd, 30MW Tapal Wind Energy Pvt Ltd and 49.5MW Tenaga Generasi Ltd.

Similarly, Master Wind Energy Pvt Ltd is supplying 52.8MW, Gul Wind Energy Ltd 50MW, Hydro China Dawood Power Pvt Ltd (CPEC) 49.5MW, Sachal Energy Development Pvt Ltd (CPEC) 49.5MW, United Energy Pakistan Pvt Ltd (CPEC) 99MW, Hawa Energy Pvt Ltd 49.737MW, Jhimpir Wind Power Ltd 49.737MW and Artistic Energy Pvt Ltd 49.3MW to the national grid.

The Alternative Energy Development Board (AEDB) has formulated a new Alternative and Renewable Energy Policy (ARE Policy 2019) consequent to expiry of RE Policy 2006 in March 2018.

The policy aims at creating a conducive environment for the sustainable growth of ARE sector in Pakistan. The government of Pakistan’s strategic objectives of energy security, economic benefits, environmental protection, sustainable growth and social equity will further be harnessed under the ARE Policy 2019.