Solar based net-metering potential of 2000–3000 MW in domestic, commercial, industrial sector to be tapped: Syed Ali Zafar

ISLAMABAD: Minister for Power Division Mr. Ali Zafar termed renewable energy as the future for Pakistan’s electricity sector and emphasized on the need towards sustainable development of renewable energy sector in the country.

He said this during a briefing on the renewable energy sector at Alternative Energy Development Board (AEDB) here on Wednesday.

Wind and solar power are now aggressively being deployed throughout the world and Pakistan needs to tap its huge resources of wind and solar since these resources of power generation are not only environmental friendly but they are now amongst the most economical sources of power generation as well, he said.

Increasing share of renewable energy will lessen Pakistan’s dependence on imported fuels thus ensuring energy security and saving foreign exchequer, he added.

The minister resolved that the bottlenecks impeding the development of renewables shall be removed. CEO AEDB briefed that the installed capacity of renewable energy will reach 2000 MW by the end of this year.

He further apprised that significant investment is available in the wind and solar power sectors and 2000 MW capacity can be added through these technologies in the national grid at tariffs lower than all other sources in next 2-3 years, which can also replace the expiring thermal power plants.

Source : BR