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Pakistan plans to set up renewable energy institute

Discussion in 'Infrastructure & Development' started by Devil Soul, Jan 27, 2018.

  1. Devil Soul

    Devil Soul ELITE MEMBER

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    Pakistan plans to set up renewable energy institute
    By Our Correspondent
    Published: January 27, 2018
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    The IFC official was also keen on assisting Pakistan’s power sector in tapping the renewable energy sources in Khyber-Pakhtunkhwa. PHOTO: FILE

    ISLAMABAD: Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari has said that the energy ministry is planning to establish a renewable energy institute with an aim to conduct research, study existing potential and propose policy measures for government’s consideration.

    He disclosed this during a meeting with a delegation of the World Bank and its arm International Finance Corporation (IFC), jointly headed by World Bank Vice-President for South Asia Annettee Dixon and IFC Vice-President for the region Snezana Stoijkvic on Friday.

    Highlighting the potential of renewable energy in Pakistan, the minister pointed out that in order to tap such resources and pass on due benefits to consumers, the government had decided to hold competitive biddings for clean energy generation in the future.

    The case for Pakistan to ramp up its renewable energy generation

    He sought assistance of the World Bank and IFC for establishing the renewable energy institute while saying that the Power Division was also working on domestic resource mobilisation for setting up the institute.

    The minister underscored the need for investment in power distribution in order to modernise the existing infrastructure.

    In this regard, he invited the World Bank and IFC to consider pouring investment into laying ABC power cables for the distribution network, which would greatly help in reducing line losses and controlling theft. “The payback time for ABC cables is just nine months,” he said.

    He told the delegation that proposed amendments to the Nepra Act were in the upper house of parliament and with their finalisation the power sector would be more open for the investors.

    The Power Division was already working on the concept of “wheeling” with the Securities and Exchange Commission of Pakistan (SECP) to make electricity a tradable commodity, he said.

    The IFC vice-president expressed interest in tapping the renewable energy resources – wind and solar – in Balochistan and said its teams would coordinate with the Power Division and all other stakeholders in that regard.

    The IFC official was also keen on assisting Pakistan’s power sector in tapping the renewable energy sources in Khyber-Pakhtunkhwa.

    Govt scraps upfront tariffs for renewable energy

    She expressed the desire to invest in the improvement of distribution network and it was agreed that both sides would soon hold roundtable discussions to exchange views on the possibility of investment.

    Praising the reforms undertaken by Pakistan, the World Bank vice-president expressed interest in assisting the Power Division in formulating a new energy policy and national electricity plan.

    She reiterated that the bank would continue to support the power sector in the modernisation of transmission lines.

    Published in The Express Tribune, January 27th, 2018.
     
  2. Thanatos

    Thanatos FULL MEMBER

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    Excellent, such institutes are need of the hour.
     
  3. Zibago

    Zibago ELITE MEMBER

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    There already exists such an institute
     
  4. Taygibay

    Taygibay PROFESSIONAL

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    Is carbon credit still around after the Paris agreement?

    Because Pakistan could sell some to the U.S.A. so they
    can fit and come back within it.

    T'would be a very ironic situation in two respects. :woot:

    Good initiative and good luck, Tay.
     
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  5. Gufi

    Gufi PDF THINK TANK: ANALYST

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    How many freaking surveys do we need, how many educated professionals are needed to tell these idiots
    Solar good, sun good solar good
    wind good, picture where good
    dam good, water store good
    just spend the money on a wind farm or a dam, rather then more institutes
    We have a very environmental mix compared to most countries in the developing world, but it will get worse now rather then better.

    http://www.pmd.gov.pk/wind/wind_project_files/Page767.html

    this was my first google search....
    also thus, google good, make new institutes bad
     
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  6. Thəorətic Muslim

    Thəorətic Muslim SENIOR MEMBER

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    The whole world is freaking out about Climate Change. And then there's Pakistan, one of the few nations actually combating it actively by:
    1. Having stupid Econ Policies that hinder growth. Low growth = less capita
    2. Low electricity production. Every nation does a "EarthHour" Pakistan does it for ~4-16 hours every day.
    3. Investing in industry outside of Pakistan so it's not held accountable for CO2.
    4. Having high costs to own/maintain a vehicle and a 6 month waiting time to receive a fully paid for vehicle.
    5. Letting ice cold glacier water meet the warm Arabian Sea water to cool off.
     
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  7. Clutch

    Clutch ELITE MEMBER

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    +1 :)
     
  8. Kabira

    Kabira ELITE MEMBER

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    :lol: well said