STAFF REPORT ISB:  Pakistan expects upto $2.7 billion merely in the wind energy projects in the country; though many alternative energy projects still in the pipeline.

Currently, the country is developing wind power plants in Jhimpir, Gharo, Keti Bandar and Bin Qasim in Sindh which will not only help in controlling the persistent power loadshedding, but will also ease the burden of oil imports costing about $14 billion annually to the national exchequer.

According to a USAID report, Pakistan has the potential of producing approximately 140,000 MW energy through wind, of which only the Sindh corridor can produce 40,000MW.

The government plans to achieve up to 2,500MW by end of year 2015 from wind energy.

Work on the Zorlu Energy Wind Power Project with 50MW generation capacity is underway in Jhimpir and will start trial production soon. The Pakistans Alternative Energy Development Board (AEDB) has recently approved a New Park Energy Phase-I, 400MW wind project near Port Qasim.

According to a study, Pakistan has identified cumulative potential to generate 3.2 million MW from renewable energy resources – 340,000MW from wind, 2.9 million MW from solar, 50,000MW from hydro (large), 3,100MW from hydro (small), 1,800MW from bagasses cogeneration and 500MW from waste.

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