It is being planned by the Sindh government to establish a dedicated grid company under public-private partnership to evacuate clean electricity being produced at Thatta-Jhimpir wind corridor, said by Energy Minister Imtiaz Shaikh whereas speaking at the 17th World Wind Energy Conference here on Wednesday.
The minister also proclaimed that the provincial government, in partnership with the World Bank, is planning to setup a $100 million solar power project to help the resident of rural areas.
He also said that the Sindh government has reserved around 60,000 acres to be utilized for renewable energy projects. He emphasized that at present, renewable energy gives only five per cent to the total energy mix and informed that the provincial government is working to raise the share of renewable energy in the country’s energy production.
World Wind Energy Association Vice President Shahid Hamid said that Pakistan holds massive potential for renewable energy which is more than enough to meet the country’s energy necessities.
Another Energy Development Board Chief Executive Amjad Ali Awan said that in order to promote investment in the renewable energy, the government must certify the long-term policy.
Energy Secretary Musaddiq Ahmed Khan said that it was high time for Pakistan to move towards alternative energy resources owing to the remarkable incentives in terms of lesser tariff for power consumers and saving of valuable foreign exchange reserves.
It was also assured by John Smith of USAID dedicated US support to promote substitute energy projects including ancillary support for connecting them to the national grid.
Presently, there are 23 wind energy projects operating in Gharo-Jhimpir corridor and around 35 projects are currently still at different stages of completion.