Published On: Mon, Jan 29th, 2018

Pakistan’s Planned Renewable Energy Institute to Identify Means of Clean Energy Production

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Renewable Energy Institute

Government officials have met with the representatives of the World Bank and International Finance Corporation (IFC), Annettee Dixon and Snezana Stoijkvic respectively, on Friday. The purpose of this meeting was to collaborate in the venues of renewable energy sources and particularly establishing a Renewable Energy Institute that would carry out the research work, explore existing venues and potential sources and on the basis of its findings sustainable and effective recommendations to policymakers for productive use of resources.

Sardar Awais Ahmed Khan Leghari, state minister for power division shared the details and also the willingness of Pakistan to promote and expand the renewable sources of energy. It was also told in the meeting that government has also taken key steps in bringing those on board who can vitally design and improve quality of existing resources for clean energy production.

The minister also sought the collaboration of World Bank and IFC for carrying out activities related to the renewable energy and he invited them for investing in Renewable Energy Institute and ABC power cables, which has the long-lasting impact and will greatly benefit the energy and power sector. ABC power cables will reduce the loss of line efficiency and simultaneously theft.

IFC vice-president, Snezana Stoijkvic told that they are interested in exploring renewable sources of energy i.e. wind and solar in Balochistan and also Kyber-Pakhtunkhwa.

 

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