Federal Minister for Water and Power Syed Naveed Qamar on Wednesday claimed that the govt has set a target of 1500 megawatt power generation from wind energy by the year 2013 and procedures have been simplified for investors in order to achieve this ambitious but achievable target.
While presiding over 22nd meeting of board of directors of Alternative Energy Development Board (AEDB), Naveed said that the investors will get land lease in the wind corridor without any delay after completing the basic formalities.
He said that as the govt has announced upfront tariff for wind power projects, the upfront tariff would also be announced for coal and solar power generation to get cheaper electricity and to meet the future requirements of the nation.
He further told that about 100 MW wind project in the construction phase in Sindh province. The AEDB is facilitating the investors and providing all assistance to them. The meeting approved various cases of wind power projects. AEDB is managing the Asian Development Bank’s Renewable Energy Development Sector Investment Program . Under this programme three projects of different capacities , (56.2 MW) in KP, 5 in Punjab (24.04 MW) and 2 projects (30 MW) in Gilgit Baltistan are under different stages of implementation.
He further added that Pakistan has wind power generation potential of more than 300,000 MW, which needs to be explored. It was informed that three Gorges Corporation of China has started construction of about 50 MW wind project, while Zorlu Energy of Turkey has completed all the formalities for their project.