| Time: 22:30:47
Agha Wasif Abbas
Government of Sindh
Renewable Energy is one of the major thrust areas where Energy Department, Government of Sindh is investing substantial human & financial resources. It is a step towards a new paradigm i.e.; green energy.
The Chinese experience in wind Power development is an inspiration. In just five years, China leapfrogged rest of the world in wind energy production, from 2,599 MW in 2006 to 62,700 MW in 2011. It was further increased to 75,000 MW in 2012 and 91,424 MW by the end of 2013.
The development of renewable energy received a fresh international support few weeks back when the Presidents of China and the United States signed an accord on Climate Change; ensuring gradual increase of renewable energy share upto 20% of the total energy mix. To match this, Pakistan has to work hard.
The wind power initiatives in sindh have been listed as the “priority projects” under China Pakistan Economic Corridor. Many projects have achieved major milestones and signed financing agreements during the recent visit of the Prime Minister of Pakistan to China.
The Energy Department, Govt. of Sindh has introduced various measures which include policy and technical issues, developer support framework, development of enabling infrastructure, structuring incentives for investors, collection of bankable data, one-window facilitation for investors and project developers in the shape of dedicated “Directorate of Alternative Energy”, seeking technical support from international institutions, and attracting top manufacturers from North America, Europe, and China.
The increase in cap for wind power tariff by NEPRA and continuous support by the Government of Sindh has turned the potential of renewable energy in Sindh into a dynamic system which is encouraging rapid project development. It is expected that more than 10 projects will achieve financial close by March 2015 bringing an investment of more than USD 3 billion in the Districts of Thatta and Jamshoro.
The Energy Department is also working on off grid solar applications for rural homes, schools, water pumping stations, tube wells, and reverse osmosis plants.
Four solar power projects of 20MW each under Public Private Partnership mode have been initiated in different districts of the province. Based on the success of these projects, this program will be extended to other areas.
The Government of Sindh is providing a level playing field to local and international investors. Witnessing the confidence evinced by the businesses, we are very confident that Sindh will be the largest renewable energy producer of the country in a very near future.