Rich of solar and wind energy resources having the capacity to generate around 143,000MW of electricity, the government has embarked upon various plans of attracting foreign investments to help bridge demand-supply gap by exploiting alternative energy potentials.
As per official estimates, the government is eyeing around $1.2 to $ 2.7 billion investment merely through wind sector, though dozens of identical projects are also on cards to woo foreign investment in solar energy sector.
Currently, Pakistan is developing wind power plants in Jhimpir, Gharo, Keti Bandar and Bin Qasim in Sindh what the government believes would not only reduce electricity shortages, but will also help ease the burden of oil imports costing over $12 billion annually.
The fair category of wind speed in most parts of the world is between 6.2 and 6.9 metres per second. There are a few places that come under good category where wind speed is between 7 and 7.3 m/s. However, the wind speed in the Sindh corridor is stronger than the above two categories and it stands in the excellent category that is between 7.5 and 7.7 m/s.
According to a USAID report, Pakistan has the potential of producing 150,000 megawatts of wind energy, of which only the Sindh corridor can produce 40,000 megawatts.
Keeping in view these rich potentials, the government has plans to achieve electric power up to 2500 MW by the end of 2015 from wind energy to bring down energy shortage.
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