ISLAMABAD, Feb 26: The government has decided to increase share of wind power generation in national grid energy mix from five per cent to 10 per cent as over 1000MW from wind power would be added during the fiscal year 2013-14.

The government has already given upfront tariff to the wind power projects while for solar projects, the Alternative Energy Development Board was negotiating tariff with NEPRA. The share of wind power generation would be enhanced under the grid code of NEPRA, an AEDB official said.

The AEDB board met here on Tuesday to take stock of the progress of dozens of renewable energy projects being set up in the country. Chairing the meeting, Federal Minister for Water and Power Ch Ahmed Mukhtar issued directives to expedite completion of 1000MW wind power generation projects so that cheaper electricity could be added in the national grid at the earliest.

Mukhtar said that electricity generation from indigenous resources is priority of the government and various steps have been taken to attract investment in this sector.

The meeting was informed that a wind power project of 56.5MW located at Jhampir has been completed and is on test run for inauguration next month. Three projects of 150 MW are under construction while 12 projects of 1100 mw would achieve financial close by 2013-14.

According AEDB sources, wind power projects with total output of 3000MW were in the pipeline whereas the wind corridor in Sindh has the potential of producing 5700MW energy from wind power.

The board approved merger of three wind power projects of 30MW each being built by a Chinese company.

More From This Section

Flour crisis looming as millers go on strike

Flour mills in Karachi went on a strike on Tuesday for an indefinite period over harassment.

Over 7pc growth in export of textile, clothing

The increase was due to the hike in export of raw cotton and low value-added products.

Major firms announce results

KARACHI: Several widely followed companies announced their results on Tuesday. For the first quarter of this year...

Corrective measures stabilise rupee: ADB

The monitor says that financial support by IMF, US govt and SBP's corrective measures have helped stabilise the rupee.

Comments are closed.
Explore: Indian elections 2014
Explore: Indian elections 2014
How much do you know about Indian Elections?
How much do you know about Indian Elections?
Front Page