The United States Government, through the United States Agency for International Development (USAID), is partnering with the Government of Pakistan to launch a 23.5 million dollars over four years to combat climate change and increase the share of green energy in Pakistan’s energy supply. to mix together.
Through technical assistance to government and the private sector, the project will also improve the management and operation of electricity transmission and distribution systems, thereby increasing the financial viability, reliability and affordability of Pakistan’s electricity system.
“The United States looks forward to advancing our partnership with Pakistan to build a clean, efficient, and reliable electricity generation sector, laying the foundation for sustainable and inclusive growth,” said the mission director of Pakistan. USAID, Julie A. Koenen, at the launch ceremony.
The federal government has also pledged to accelerate infrastructure upgrades on the national grid side so that an additional 300 MW of power can benefit Karachi in 2021, supplemented by an additional 400 MW in 2022 and 800 MW in 2023.
In this regard, the power utility has already applied for the necessary regulatory and government approvals, and upon their timely receipt, K-Electric will be able to proceed with the large-scale power projects that would place Karachi in a position excess electricity.
“Through this new initiative, USAID will partner with the Government of Pakistan to support the transition to a truly competitive wholesale electricity market. This will increase private sector participation in an open and transparent manner and support our shared energy reform goals,” she added.
Shah Jahan Mirza, Managing Director of the Private Electricity Infrastructure Councilcommended USAID for its strong partnership, innovation, and continued cooperation in supporting Pakistan’s clean energy transition and said it looked forward to continuing the partnership to improve the performance of the electricity sector from Pakistan.
For the past 75 years, the U.S.-Pakistan partnership has improved the lives of Pakistanis by building dams and transmission lines, responding to humanitarian emergencies, and combating common challenges such as the COVID-19 pandemic, the climate change and water vulnerabilities.
Source: This news was originally published by propakistani