ISLAMABAD - while presiding over 26th Board meeting of Alternative Energy Development Board (AEDB), Federal Minister for Water and Power Ch Ahmed Mukhtar has directed to expedite completion of 1,000 MW wind power generation projects so that cheaper electricity could be added in the national grid at the earliest.
The AEDB board on Tuesday taken up various points of agenda and approved grid code for wind power projects. The meeting also approved merger of three wind power projects of 30 MW.
The meeting was informed that as per new grid code the share of wind power generation has been increased from 5 per cent to 20 per cent in the national grid energy mix. One more wind project of 50 MW has been completed and on test run to be inaugurated next month. Three projects of 150 MW are under construction while 12 projects of 1100 mw would achieve financial close by 2013-14.
During the course of meeting, the Minister stated that electricity generation from indigenous resources is priority of the government and various steps have been taken to attract investment in this sector. Upfront tariff has already been given to the wind power projects and it is being announced for solar projects.
The meeting also appreciated all the officials of the AEDB who performed their role in the completion of wind power projects. The meeting also appreciated the performance of AEDB for expediting the wind and solar power projects.
CEO Arif Allauddin and public and private sector members and senior officials of AEDB attended the meeting.