Germany to provide 48.5 million Euros for alternative energy

Berlin: Germany has provided over 200 million Euros for the construction of various small and medium size hydro projects and installation and rehabilitation of transmission lines in Khyber Pakhtunkhwa during 2009-10 and another 48.5 million Euros for the development of alternative energy and energy efficiency this year will be provided.

This was stated by the Desk Officer for Afghanistan and Pakistan at the federal Ministry of Economic Cooperation and Development Torge Matthiesen while addressing the members of visiting Pakistani delegation comprising of officials of Ministry of Water and Power and Finance and private sector people in renewable energy.

He said that out of this amount, about 100 million Euros are for small and medium size hydro projects in KPK including Lavi, Trapphi, Basho, Harpo, Kayal Khawar while the rest is for laying transmission lines including Gakkhar and Gazi Road.

He said that during 2009, five districts were selected in KPK for the promotion of off-grid projects including solar, wind, hydro power and biomass to provide electricity to the locals.

Metthiesen pointed out that Germany will provide 48.5 million Euros for many renewable energy and energy efficiency projects during 2011-21. Germany wants to promote renewable energy and encouraging energy efficiency in Pakistan, he added.

He said 12.5 million Euros will be spent on off-grid renewable projects in next two years to meet the energy requirements of locals.

Responding to a query, he said Germany has so far provided an amount of 2.3 billion Euros to Pakistan for development projects since 1961.

Pak-Germany ties are long standing and both the countries are celebrating the 50th anniversary of these cordial relations, he added.

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