Ministry of Energy (Power Division)

RE Policy for Development of Power Generation 2006

 

Pakistan is blessed with abundance of renewable energy potential but so far this potential has not been harnessed except for large hydroelectric projects. The Ministry of Water and Power has now prepared the first ever Renewable Energy Policy of Pakistan, which envisages mainstreaming of renewable energy in the development plans of the country. The policy comprises of three phases: short, medium and long term. The short term policy, which covers the period up to June 2008, lays down very liberal and attractive incentives to attract investment to put Pakistan on the renewable energy map of the world. Based on the experience gained under the short term, the policy for the next phases will be consolidated and elements of competition will be introduced.

RE Policy for Development of Power Generation 2006