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Money Matters – Wind is at our back

Today, the Renewable Energy is rapidly growing energy resource the world over. Having reached global installed renewable energy capacity at 2,378 gigawatt (GW), including on-shore and off-shore installations, it accounts for one-third of total power generation from all energy resources including fossil fuels and nuclear. The renewable energy resources include hydropower, windpower, solar energy, bioenergy, …

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14 ARE projects to start commercial operation by December

ISLAMABAD – As many as 14 Alternative Renewable Energy (ARE) projects with accumulative capacity of 670 MW would start commercial operation by December. Official sources told APP here on Thursday that these projects included mostly wind and solar based power projects. Sharing the details, they said that 50 MW each Lakeside Energy Pvt Ltd (Jhampir), …

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NTDC secures Rs6.4bn loan for grid station, transmission lines’ construction

According to the MD, the PC-1 cost of the Jhimpir-II transmission lines and substation project is Rs10.753bn whereas the funding required is Rs6.4bn. — AFP/File LAHORE: The National Transmission and Despatch Company (NTDC) on Tuesday secured Rs6.4 billion financing from a three-member consortium of banks for construction of a 220kV/132kV grid station and 35 kilometre-long …

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