Alternative Energy Board approves 11 wind power projects

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ISLAMABAD: The Alternative Energy Development Board (AEDB) accorded approval for issuance of letters of support (LOS) for 11 wind power projects having combine power generation capacity 558MW.

The AEDB meeting held here on Wednesday with Federal Minister for Power Omar Ayub Khan in the chair took this decision. The Board took up agenda item regarding issuance of LOS for 11 Wind Projects falling under Category-II under the Cabinet Committee on Energy. Nepra has issued tariff for these projects and are scheduled to achieve their financial close by November 18, 2019, reported The News.

Prime Minister Imran Khan had expressed displeasure over reluctance of the Ministry of Energy to go ahead with these projects despite tariff approvals by the National Electric Power Regulatory Authority (Nepra) a year ago.

The projects cleared for issuance of LOS included 50MW ACT2 Wind (Pvt) Ltd; 50MW Artistic Wind Power (Pvt) Ltd; 50MW Din Energy (Pvt) Ltd; 50MW Gul Ahmed Electric Ltd; 50MW Indus Wind Energy Ltd; 50MW Lakeside Energy (Pvt) Ltd; 50MW Liberty Wind Power 1 (Pvt) Ltd; 50MW Liberty Wind Power 2 (Pvt) Ltd; 60MW Metro Wind Power Ltd; 50MW NASDA Green Energy (Pvt) Ltd; and 48.30MW Transatlantic Energy Pvt Ltd, said an AEDB statement.

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