PID

PR No. 89 New Renewable Energy Policy Discussed in 45th AEDB Board Meeting Islamabad: September 13, 2019

The 45th Board Meeting of the Alternative Energy Development Board (AEDB) was held at AEDB, Islamabad on 13th September, 2019 under the chairmanship of Mr. Omar Ayub Khan, Federal Minister for Energy (Power Division) / Chairman AEDB. The Draft ARE Policy 2019, prepared by AEDB in consultation with public and private sector stakeholders including provincial government agencies, was placed before the Board. Several aspects of the draft ARE Policy 2019 came under discussion and detailed deliberation was held amongst the Board members on the draft policy. The representatives of provincial governments also provided their comments and suggestions on the ARE Policy 2019 draft. Chairman AEDB / Minister for Energy (Power Division) stated that the policy aims at creating a conducive environment supported by a robust framework for the sustainable growth of ARE Sector in Pakistan and development of alternative and renewable energy technologies in a coordinated manner. The Government aims to increase the share of renewable energy in the energy mix in order to achieve the strategic objectives of energy security, cheaper power generation, economic benefits, environmental protection and promoting local manufacturing. It was decided that all members will provide their suggestions and feedback aimed towards improving the draft policy in two weeks timeframe for reconsideration of the Board.

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