1000MW more renewable energy likely this year

STAFF REPORT ISB: Pakistan Council of Renewable Energy Technology (PCRET) has said that 1,000 MW of renewable energy would be added to the system by the end of current year.

“300 MW wind power plant has already been installed while 3,000 MW is in the pipeline and would be added to the system in next 2-3 years,” said Dr Suhail Zaki Farooqui, DG Fauji Fertilizers, briefed the NA Standing Committee on Science and Technology.

He said that Fauji Fertilizers and Zorlu Energji have operational wind farms of 106 MW. Two more companies are supplying additional 100 MW.

Moreover, two more projects of 100 MW have achieved financial close. Another 1,130 MW power is expected to achieve financial close till August 2015. About 26 companies have been allotted land in the Gharo-Corridor for installation of new wind farms.

He added that currently the total installed capacity in Pakistan stands at 21,000 MW; the actual demand is 18,000 MW while actual supply is 12,000 MW. Renewable energy potential in the country from different resources is as follows:

Wind-120,000 MW, solar 2,900,000 MW, hydel 100,000 MW and biomass 5,700 MW. Pakistan could produce six times more energy than the present installed capacity, 150 times more could be produced from solar sources, five times more from hydel capacity and one fourth more from biomass, he added.

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