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Wind power sector needs more encouragement

The Pakistan Economy Watch (PEW) on Friday lauded government, Asian Development Bank (ADB) and Fauji Fertilizer Company Energy Limited (FFCEL) for promoting green energy in Pakistan.

All the stakeholders have played a very positive role in introduction of green energy in the country facing acute power shortages which has sent very positive signals, said Dr Murtaza Mughal President PEW.

President Zardari’s resolve to fully exploit Gharo-Keti Bundar wind corridor to produce 50,000 megawatts (MW) electricity was very positive at a time when shortage of electricity has become a major challenge for the economy, he said. Completion of Pakistan’s first ADB funded 50 MW windmill project in Jhimpir is a great step in the right direction, which will send positive signals across and prompt other investors, he added.

Around 106 MW electricity would be included in the national grid through National Transmission and Despatch Company when the wind energy projects of FFCEL and Zorlu Energy would become operational which was a small additional having a great symbolic value, he opined.

Pakistani and foreign companies can develop more wind energy projects if government and the Alternative Energy Development Board encourage them. Gharo-Keti Bundar wind corridor can become hub of wind power sector attracting billions of dollars of investment to produce power from free and clean energy source.

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