Monday, March 15, 2010

Nordex interested in Pakistan's wind energy: EVWIND

Nordex has shown interest in investing in energy sector in Pakistan to help overcome shortage of emergency in the country. A delegation of the company visited Alternative Energy Development Board (AEDB).

The Nordex Modern Generation Limited, one of the ten top serial producers of the wind turbines in the world, has shown interest in investing in wind energy in Pakistan to help overcome shortage of emergency in the country.

A delegation of Nordex visited Alternative Energy Development Board (AEDB) Headquarters to discuss investment opportunities in the Alternative/ Renewable Energy (ARE) Sector in Pakistan.

Mr. Arif Alauddin, Chief Executive Officer AEDB in a briefing to the delegation apprised them of the immense potential in the ARE Sector in Pakistan. He said that available ARE potential, the current energy shortages in the country and lucrative incentives that the Government of Pakistan offers, provide unique opportunities for investment in Pakistan.

He said that in the wind power sector alone, Pakistan possesses an estimated potential of generating 350,000 MW of electricity. Responding to questions relating to the national ARE policy, Mr. Alauddin said that the Short Term Policy, 2006 encompasses only three technologies i.e. wind farm, solar power and small hydro.

For more on this article, please click on the following link: Nordex interested in Pakistan's wind energy: EVWIND

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