According to a press release issued, Tetra Tech, Inc. (TTEK) announced on Monday that the U.S. Agency for International Development (USAID) awarded the Company a $57m single-award contract to promote the delivery of clean energy services in Pakistan in order to stimulate economic and social development.
Under the Clean Energy for Pakistan’s Economy (CEPE) project, Tetra Tech will assist project developers and investors to leverage energy sector investment and access financing for clean energy projects that will help generate 2,000 to 3,000 MW of electricity capacity over the next four years. These efforts will aid Pakistan in advancing its policy reform agenda to increase private sector investment and provide a sustainable energy supply for the country. Tetra Tech will also provide technical services to increase private investment in clean energy projects, including improving the capacity of the transmission system and energy markets, enhancing the commercial viability of the electricity distribution subsector, and advancing sector governance through policy reforms that facilitate investment and the privatization of energy services.
“Tetra Tech has delivered innovative energy sector performance improvement solutions to governments and electric utilities for decades,” said Dan Batrack, Tetra Tech’s Chairman and CEO. “We look forward to assisting USAID and the Government of Pakistan in this important program.”
Tetra Tech is a leading, global provider of consulting and engineering services. We are differentiated by Leading with Science to provide innovative technical solutions to our clients. We support global commercial and government clients focused on water, environment, infrastructure, resource management, energy, and international development. With 16,000 associates worldwide, Tetra Tech provides clear solutions to complex problems.
