ISLAMABAD, Pakistan, Dec. 19 Pakistan's announced Monday the launch of the country's first formal renewable energy policy.The policy comprises three phases: short term medium term and long term, Federal Minister for Water and Power Ali Jatoi said. The short-term phase covers the period up to June 2008.The Policy for Development of Renewable Energy for Power Generation was approved by the Economic Coordination Committee of the Cabinet, the Dawn newspaper reported Tuesday.
Jatoi said the policy provides incentives for private sector investments in renewable energy. Specifically, the country is hoping to find funding for independent power projects, spillover power projects and captive power projects and isolated grid projects.Renewable generation for small, individual use projects does not require special government permission and the incentives lie in the ability to sell the surplus power to distribution companies, Jatoi said.
Jatoi said the policy provides incentives for private sector investments in renewable energy. Specifically, the country is hoping to find funding for independent power projects, spillover power projects and captive power projects and isolated grid projects.Renewable generation for small, individual use projects does not require special government permission and the incentives lie in the ability to sell the surplus power to distribution companies, Jatoi said.END
Jatoi said the policy provides incentives for private sector investments in renewable energy. Specifically, the country is hoping to find funding for independent power projects, spillover power projects and captive power projects and isolated grid projects.Renewable generation for small, individual use projects does not require special government permission and the incentives lie in the ability to sell the surplus power to distribution companies, Jatoi said.
Jatoi said the policy provides incentives for private sector investments in renewable energy. Specifically, the country is hoping to find funding for independent power projects, spillover power projects and captive power projects and isolated grid projects.Renewable generation for small, individual use projects does not require special government permission and the incentives lie in the ability to sell the surplus power to distribution companies, Jatoi said.END
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Rent a Mehran in Islamabad
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