May 30, 2011

Alternative energy policy draft in June


STAFF REPORT KARACHI: The draft of new alternate energy policy which included other renewable resources is ready and will be launched in June this year.
“The new expanded alternate energy policy also accommodates other renewable resources like biogas, hydel, off-grid and net metering technology to give a bigger canvas for investors,” CEO of Alternate Energy Development Board (AEDB) Arif Alauddin said this while talking to media on the occasion of POGEE Conference 2011 on “Energy Solutions” at Karachi Expo Centre. He said that the Board has cancelled all the allotments of land of those wind energy projects which failed to meet the deadlines and these lands have been re-allotted to 13 potential investors who have deposited guarantees for their renewable energy projects.
He pointed out that 7 to 8 wind projects will be having a financial close this year and about 20 more wind energy projects are in the pipeline.

2 comments:

  1. The term "alternative" presupposes a set of undesirable energy technologies against which "alternative energies" are contrasted. As such, the list of energy technologies excluded is an indicator of which problems the alternative technologies are intended to address. Alternative Energy Companies

    ReplyDelete
  2. I do not believe that there is such a thing, none the less, if such a thing were true still believe that ενεργειακό τζάκι even ass a long term investment, alternative energy is a wise investment opportunity.

    ReplyDelete