Investment in Clean Energy to reach $3 Billion; 2500 MW Energy Generation forecasted: CEO Alternate Energy Board

News Image

MG News | September 19, 2017 at 04:50 PM GMT+05:00

0:00

Amjad Ali, chief executive officer of Alternate Energy Board said by 2020 the investment in clean energy would reach 3 billion dollars and energy generation might reach 2500 Mega Watt.

Amjad Ali, while during a visit to Jhimpir said work on four new projects have been in the process and following completion nearly 400 MW generation would commence from solar power.

By 2019, he said total capacity from solar energy would nearly 822 MW. Total investment in solar power has been reached to 637 million dollars.

Through wind generation the capacity reaching 789 Mega Watt and by end 2018 capacity might reach 1240 MW. Till now nearly 448 wind turbines have been installed and in next few years nearly 265 new turbines would be added at Jhimpir

Related News

Name Price/Vol %Chg/NChg
KSE100 157,953.47
555.47M
1.14%
1775.65
ALLSHR 96,741.22
1,957.60M
1.16%
1110.83
KSE30 48,198.94
249.79M
1.09%
520.47
KMI30 232,694.17
290.89M
1.31%
3011.94
KMIALLSHR 65,027.13
1,019.78M
1.03%
660.37
BKTi 42,489.56
84.10M
1.35%
566.75
OGTi 31,779.36
15.21M
0.14%
43.57
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,655.00 118,295.00
116,115.00
1830.00
1.58%
BRENT CRUDE 67.62 68.42
67.34
-0.33
-0.49%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.00 94.50
94.00
0.45
0.48%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.39 64.20
63.11
-0.31
-0.49%
SUGAR #11 WORLD 15.94 16.27
15.92
-0.33
-2.03%

Chart of the Day


Latest News
September 18, 2025 at 07:00 PM GMT+05:00

Pakistan's Forex Reserves Increase by USD 54.80 Million


September 18, 2025 at 05:59 PM GMT+05:00

Textile exports drop to $1.4bn in August


September 18, 2025 at 05:45 PM GMT+05:00

U. S. A. leads as top export destination for Pakistan in August


September 18, 2025 at 05:40 PM GMT+05:00

Pakistan's Power sector attracts net FDI of 86.5m in August



Top 5 things to watch in this week

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