Govt plans to generate 8000MW of renewable energy by 2025

News Image

MG News | November 12, 2019 at 10:37 AM GMT+05:00

0:00

November 12, 2019: The National Assembly was informed on Monday that the government is planning to generate 8000 megawatts of electricity through renewable energy by 2025.

Replying to a question during Question Hour, Minister for Power Division Omer Ayub Khan said eleven wind energy based projects have been approved to generate affordable electricity.

The Minister said that around eighty-five percent electricity will be produced through domestic resources to provide the commodity on affordable rates to the consumers in Pakistan.

Omer Ayub informed that a total of thirty-three renewable energy projects with the cumulative capacity of over 1,716 megawatts were developed during the tenure of last two governments.

He said these renewable energy based power generation projects have been developed by Private sector investors and no government funds or expenditure is involved in this regard.

Answering another question, Omer Ayub Khan said that eighteen exploratory wells have so far been drilled in the offshore area but unfortunately all of them found dry.

Related News

Name Price/Vol %Chg/NChg
KSE100 184,174.49
344.20M
1.01%
1836.37
ALLSHR 110,725.47
802.30M
1.02%
1116.66
KSE30 56,462.88
128.04M
0.96%
535.72
KMI30 261,050.23
116.63M
1.37%
3522.37
KMIALLSHR 71,230.99
382.91M
1.23%
862.76
BKTi 53,229.04
40.62M
1.01%
532.20
OGTi 38,590.42
18.06M
1.28%
488.37
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 84,125.00 84,945.00
81,210.00
-275.00
-0.33%
BRENT CRUDE 69.91 70.21
67.79
0.32
0.46%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-2.35
-2.64%
ROTTERDAM COAL MONTHLY 98.95 99.00
98.95
0.00
0.00%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 65.81 66.11
63.64
0.39
0.60%
SUGAR #11 WORLD 14.26 14.71
14.15
-0.44
-2.99%

Chart of the Day


Latest News
January 30, 2026 at 05:05 PM GMT+05:00

PSX Closing Bell: High Green Notes


January 30, 2026 at 05:01 PM GMT+05:00

IMF steers Pakistan toward stability, export-led expansion


January 30, 2026 at 03:32 PM GMT+05:00

PKR rises by 3 paisa against USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg