Renewable energy share in Energy Sector

Engineering Post Report

Presently, the share of renewable energy is only around 4 per cent, however, the potential and incentives to switch towards renewable resources is significant.

Appropriate planning and implementation of a number of power generation projects have helped energy sector overcome the protracted demand supply challenge as 3556 MW was quite expectedly plugged into the system by June 2021.

By June 2022, an additional 5981 MW energy is expected to be plugged into the system including 1536 MW from renewable sources.

The transmission capacity will also be enhanced by 2250, 2750 and 4000 MVA capacity on 500 KV, 220KV and +660 KV networks by June 2022 for evacuation of additional power.

To boost industrial develo0ment in the country, electricity and gas supply schemes to Special Economic Zones (SEZs)  Rashakai,Allama Iqbal, Bin Qasim and Bostan  under CPEC  are expected to be completed  by June 2022.

Energy Sector has been allocated an amount of Rs 228767.54 million under the Public Sector Development Programme (PSDP) for energy sector projects during financial year 2021-22.