Pakistan attracts $3 billion foreign investment in renewable energy

The Pakistani Government’s push towards expansion of renewable energy infrastructure and direct negotiations with foreign governments has yielded results in terms of increased investment. Foreign investors have poured $3 billion over the last year into the renewable energy sector in Pakistan, officials from the Alternative Energy Development Board (AEDB) have said. The largely untapped resource potential and a feed-in tariff regime has made renewable energy an attractive investment avenue, Chief Executive Officer of AEDB stated.The…

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Pakistan attracts $3 billion foreign investment in renewable energy

The Pakistani Government’s push towards expansion of renewable energy infrastructure and direct negotiations with foreign governments has yielded results in terms of increased investment. Foreign investors have poured $3 billion over the last year into the renewable energy sector in Pakistan, officials from the Alternative Energy Development Board (AEDB) have said. The largely untapped resource potential and a feed-in tariff regime has made renewable energy an attractive investment avenue, Chief Executive Officer of AEDB stated.The…

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