Pakistan receives $3b renewable energy investment

STAFF REPORT ISB: Pakistan has received a record $3 billion investment in the renewable energy sector over the past one year as the government seeks to ensure energy security in the country.

Pakistan has become a choice destination of investors because of the potential in this sector, robust policy framework, lucrative tariff structures and bankable security documents, said Amjad Ali Awan, CEO Alternative Energy Development Board (AEDB).

He said the government is taking steps to

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