Thursday, April 23, 2015

Pakistan - Ban On New wind, Solar project

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The decision of the Energy Committee of the Federal Cabinet in its meeting of April 8TH to ban new Solar and Wind projects is condemnable, Senator Taj Haider General Secretary PPP Sindh has said in a Press Statement. The decision promotes the criminal interests of the import lobby, increases our trade gap and transfers national wealth abroad.
Senator Taj Haider said that reliance on imported fuels has been the major drawback in the development of our energy sector and our economy as a whole. It has given rise to many such scams as the present LNG import scam. The ban on wind and solar energy projects is admittedly designed to increase LNG imports and give windfall profits to importers and their commission agents.
Against the total electricity demand of 1,700 MW in Sindh excluding the demand of city of Karachi, the 32 under construction projects of wind power in Jhampir corridor will generate 1900MWs of power. While the local villages in the area are deprived of electricity 163.5MW of wind energy is already being supplied to the national grid from the Jhampir Wind corridor. The supply of clean drinking water to the population and livestock of Thar Desert and its eventual greening on Biosaline agriculture would not have been possible if we had not relied on solar energy. The ZulfiqarAbad wind energy corridor has a potential of generating 50,000 MWs.
It was the great visionary of Shaheed Zulfikar Ali Bhutto who had set up and put into production the Institute of Silicon Technology in Islamabad in early 70s to produce our own solar cells. While the rest of the world is concentrating on massive production of solar cells, the importers lobby of our country has succeeded in shutting down this facility.
The drop in crude oil prices has been caused by the occupation of oil fields in Iraq and Syria by ISIS. One cannot count on their perpetual occupations and increased production to finance the killing of Muslims in the Middle East. Wind and Sun are blessings of Allah to mankind at Zero Cost. The increase in our import bill and the trade gap are alarming. Why can’t the economic wizards of the Federal government guided by commission agents realize that imports have to be resorted to only as an emergency measure to overcome temporary shortages. Development of our own natural and human resources is the only viable and sustainable solution.
Senator Taj Haider said that it was noteworthy that the Peoples Government was negotiating LNG import prices per mmcft at 12% of the International Crude Oil prices per barrel. The Supreme Court had at that time thought it fit to take suo-motto notice and had stopped the deal. Can anyone in Government explain the increase of more than 40% in this pricing ratio at the current 17% of Crude Oil prices and will the Honourable Supreme Court kindly take notice of the huge scam?.

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