Categories: Technology

AEDB signs deals for 11 wind power projects

ISLAMABAD: The Alternative Energy Development Board (AEDB) has signed implementation agreements for 11 wind power projects with a capacity to generate 560 megawatts and contribute 1.8 billion units of clean energy annually, adding 30% to the existing share of renewable energy by 2030.

invest with imarat

Islamabad’s emerging city centre

Learn More

The completion of the projects, due by 2021, will bring around an investment of $700 million that will boost the economy of the country.

Briefing the gathering at the signing ceremony, AEDB Chief Executive Officer Dr Rana Abdul Jabbar acknowledged the efforts of the private sector through which clean and cheaper electricity will be provided to the consumers of Pakistan.

This initiative will play a vital role to bring down the overall basket tariff and also reduce import bills. 

For news and blogs, visit Graana.com.

Maham Tahir

Recent Posts

Garha Mor: A Notable Landmark in Vehari City

Garha Mor, a notable landmark in Vehari, Punjab, Pakistan, is significant in its location, accessibility,…

22 hours ago

Aslam Market Wah Cantt: Pleasure of Shopping & Dinning

Located in the center of Wah Cantt, Aslam Market is a vibrant commercial hub that…

2 days ago

Abid Market Lahore: An Iconic Shopping Landmark

Located in the bustling heart of Lahore, Abid Market is a landmark shopping area well…

3 days ago

CDA Chairman Urges Rapid Completion of Major Islamabad Interchanges

ISLAMABAD, Nov 16 (APP): The Chairman of the Capital Development Authority (CDA), Muhammad Ali Randhawa,…

3 days ago

IMARAT Announces Launch of Pakistan’s Largest Sharia-Compliant REIT – A New Era of Real Estate Investment

Islamabad, Pakistan— IMARAT Group, a leading real estate developer and innovator in Pakistan, announces the…

3 days ago

Amma Tower: A Landmark in Urban Living & Commerce

Amma Tower, located in the bustling area of Saddar in Karachi, is a unique blend…

4 days ago