FollowBuilding permission has already been granted to 30 companies for green energy systems with a total capacity of 30 GW. Against this background, feed-in tariffs are intended to help make the country less dependent on foreign oil imports. Wind energy, in particular, is to be promoted.
Only 6 MW is currently connected to the grid, but almost one gigawatt of capacity is either under construction or at the financing stage. Pakistan has a number of favourable locations for wind power, especially in the province of Sindh and along the Balochistan coast.
The precise tariffs have not yet been announced, but are expected to be set at a level which will permit an 18% return on investments.
Alongside renewables, however, coal-fired power generation is also to be expanded. By 2030, renewable sources are intended to cover at least 5% of the total energy consumption. Pakistan presently records an energy deficit of between 3 and 4 GW.
Source: sunwindenergy
