Friday, 28 June 2024, 11:12:35 am

Efforts afoot to promote eco-friendly energy production
June 23, 2024

Under the Clean and Green Energy mission of Special Investment Facilitation Council, efforts are underway to promote eco-friendly energy production through hydro and solar power.

In this connection, the Saudi Fund for Development has offered 101 million dollars for a hydropower project in Azad Jammu and Kashmir which will add 70 megawatts of electricity in the national grid.

A GW3 solar panel plant has been installed in Karachi by a US company, which will not only help in manufacturing of solar panels and electric vehicles.

The World Bank has also approved a 150 million dollar project of clean energy in Pakistan.

These projects under SIFC are increasing production capacity of the country, helping it overcome its energy crisis.