STAFF REPORT KARACHI: The Alternative Energy Development Board (AEDB) expects four projects of 50 MW each to achieve financial close by the end of 2011, AEDB Rural Electrification Programme Director Imran Ahmed said.
“These projects are Fauji Fertiliser and Zorlu with capacity of 50MW each and two projects of Fauji Foundation with the same capacity,” Ahmed said while speaking to industrialists at the Karachi Chamber of Commerce and Industry here.
He added that various other projects of 500MW are also expected to secure financing in 2012.
AEDB, with the assistance of World Bank, has already started a study to find out how tube wells can be run on solar energy, he said.
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