Energy Institute (EI) Award 2018 has been record to the Pakistan Poverty Alleviation Fund (PPAF) for its ‘Community Managed Solar Energy Mini Grid Systems’.
Energy Institute (EI) Award acknowledges the collision of 60 solar mini-grid systems installed in districts Karak , Swabi, and Lakki Marwat of KP, during the interlude 2016 to 2017, with endowment from the German Ministry of Economic Cooperation and Development (BMZ) through the German Development Bank (KfW).
Pakistan Poverty Alleviation Fund (PPAF) shows strong obligation towards mitigating challenges of global climate change, through leading the way in renewable energy, contemporary, affordable, reliable and sustainable energy resources. More than 1,000 projects have been completed over a period of 15 years, starting off in 2003.
The projects include the development of mini hydroelectric plants, decentralized solar lighting and solar home systems, wind energy projects, solar-wind hybrid systems, solar water pumping projects and biogas plants.
The projects are being implemented via financial support from the World Bank, United States Department of Agriculture (USDA), and the German Ministry of Economic Cooperation and Development (BMZ) through the German Development Bank (KfW).
Pakistan Poverty Alleviation Fund (PPAF) with the financial funding of 10 million Euro, through KfW, is implementing the Hydropower and Renewable Energy (HRE) project which focuses on clean energy and supports economic progress in the communities through enterprise development, impacting the lives of at least 13,000 individuals.
Reliable, confined and sustainable energy supply gives the economic competitiveness, not only for strategic economic growth, but also for the enhancement of social infrastructure.
Pakistan is required to take consequential steps to promote alternative energy sources and to precursor energy deals with its allies on a vital basis to overcome the existing energy disaster.
Thus, Pakistan Poverty Alleviation Fund (PPAF), along with its growth partners, is captivating initiatives to help respond to the energy deficit and water resource management hazard in Pakistan.