Minister for Power Omer Ayub and Special Assistant on Petroleum Nadeem Babar made the announcement at a news conference in Islamabad.Omer Ayub was confident that generation from renewable sources will help bring down the power tariff in future. This ARE olicy P 2019 is one amongst the portfolio of policies together comprising the National Electricity Policy (NEP). (Karachi) Council of Common Interests (CCI) has approved Alternative and Renewable Energy Policy 2019, Radio Pakistan reported. cCOPYRIGHT 2020. He regretted that the PML-N installed expensive power through the LNG plants.Giving the targets set in the policy, the Minister for Power said that eight thousand megawatts of power will be produced from renewable sources including solar and wind by 2025 and twenty thousand megawatts by 2030. Danish, Japanese and Chinese companies have expressed interest to invest in the manufacturing of solar panels and wind turbines.Nadeem Babar, in his remarks, said that this is a forward-looking and progressive policy which has been prepared after consultations with all the stakeholders including the provinces. The approval was given in 42nd CCI meeting which was held in Islamabad on Thursday with Prime Minister Imran Khan in the chair. The World Wind Energy Association (WWEA) in collaboration with Global 100% RE and the Alternatives Energy Development Board of Pakistan (AEDB) brings you Pakistan’s first ever international level summit on Renewable Energy technologies. This, he said, will give a major boost to the industrial base in the country.The Minister for Power said there is a potential of forty billion dollars investment in the country's renewable sources and some companies have already started investing in it. Chief Minister Sindh Murad Saeed had also written a letter to the Prime Minister not to take unilateral decisions.
The meeting was also apprised about the progress on installation of Telemetry System.The meeting considered amendment in the OGRA Ordinance 2002, proposed by Sindh govt. Minister for Power Omer Ayub and Special Assistant on Petroleum Nadeem Babar made the announcement at a news … ISLAMABAD – The Federal Government has approved renewable energy policy 2019 with the aim to produce cheap and clean energy by using indigenous resources, the Radio Pakistan reported on Wednesday. ISLAMABAD (Dunya News) – Council of Common Interests (CCI) on Thursday unanimously approved Alternative and Renewable Energy Policy 2019.The approval was given in 42nd CCI meeting which was held in Islamabad on Thursday with Prime Minister Imran Khan in the chair.Special Assistant to the Prime Minister on Petroleum Nadeem Babar gave a detailed presentation to CCI on annual demand and supply situation of gas with special reference to future requirements and dwindling domestic gas reserves.The meeting was informed that data regarding gas production, consumption and transmission from various provinces suggests that the country would face major gas shortage by winter 2021-2022 and to avoid impeding crisis it was recommended that a national consensus needs to be built for exploration, production and conservation of domestic gas and rationalization of price mechanisms.The meeting considered amendment in the Oil and Gas Regulatory Authority Ordinance 2002, proposed by the Government of Sindh.Agreeing with the proposal of Punjab Government regarding control of lower portion of Chashma Right Bank Canal from Ministry of Water Resources to the Government of the Punjab, the CCI constituted a committee comprising of representatives of IRSA, Government of Punjab and Khyber Pakhtunkhwa to work out modalities and finalize bilateral agreement between the two provinces.The CCI decided, in principle, to transfer the existing National Commission for Human Development and Basic Education Community Schools, teachers and students from Ministry of Federal Education and Professional Training to Education Departments of respective Provinces.The meeting appreciated the strategy adopted by the Government to combat Covid-19 pandemic.The CCI meeting also decided that 50 percent of revenue collected under the head Windfall Levy on Crude oil, condensate and natural gas under Petroleum Policy, 2012, will be shared with the concerned province.Discussing recommendations of Attorney General of Pakistan on Water Accord 1991, the CCI was informed that a committee comprising of technical experts of federal and provincial governments has been notified to look into the issue of fair distribution of water among provinces.The CCI directed the committee to complete its work in one month. The ‘Alternative & Renewable Energy Policy 2019’ was earlier dropped twice from the CCI agenda due to the disagreement between provinces over the clauses of ARE policy 2019’. Alternative Energy Development Board (AEDB) is the sole representing agency of the Federal Government that was established in May 2003 with the main objective to facilitate, promote and encourage development of Renewable Energy in Pakistan and with a mission to introduce Alternative and Renewable Energies (AREs) at an accelerated rate.
A National Communications Services Company. This, he said, does not include the hydel generation and if it is also included the share of clean and green energy will be 60 to 65 percent.Omer Ayub said that under this policy, manufacturing of solar panels and wind turbines will also be locally manufactured.
ISLAMABAD (Dunya News) – Council of Common Interests (CCI) on Thursday unanimously approved Alternative and Renewable Energy Policy 2019. Power Division has finalised draft Renewable Energy Policy 2019 to be presented to the Federal Cabinet for approval, envisaging 25 percent of … He said this has been done by ensuring efficiency and taking action against the pilferage. Reproduction of this website's content without express written permission from 'Daily Pakistan' is strictly prohibited.
Copyright © 2020.