{"id":96166,"date":"2024-01-21T10:00:00","date_gmt":"2024-01-21T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=96166"},"modified":"2024-01-19T15:31:24","modified_gmt":"2024-01-19T10:31:24","slug":"renewable-energy-plans-discussion-says-govt","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html","title":{"rendered":"Pakistan to boost renewable energy via GtG deals"},"content":{"rendered":"\n<p>Islamabad: The Pakistani Government has opted to establish renewable energy plants through Government-to-Government (GtG) arrangements, as claimed by a source on January 18.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-govt-ties-up-bicycle-lanes-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">CDA, govt team up with for \u2018Bicycle Lane Initiative\u2019 in ISB<\/a><\/p>\n\n\n\n<p>According to top officials from the Energy Ministry, multiple factors have led to a request for an open-ended tariff from the Power Division to initiate the project, including the challenges in the country\u2019s power and oil and gas sector, citing its current unsustainable state.<\/p>\n\n\n\n<p>Energy Minister Muhammad Ali announced that the government has abandoned the International Competitive Bidding (ICB) mechanism for seeking bids from investors for 2,400 MW renewable power plants. Instead, the government plans to establish solar and wind power plants under GtG arrangements, attracting interest from Saudi Arabia and other Middle East countries keen on investing in renewable energy.<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/uns-project-ghar-lead-green-housing.html\" target=\"_blank\" rel=\"noreferrer noopener\">UN-backed \u2018GHAR\u2019 initiative launched to assist govt in constructing climate-resilient houses<\/a><\/p>\n\n\n\n<p>In response to inquiries about the price discovery mechanism for GtG arrangements, officials clarified that a negotiating committee would be constituted for GtG commercial agreements and price discovery. The finalisation of the price discovery mechanism, conducted by the transaction advisor, is currently in progress to determine project costs and tariffs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Pakistani Government has opted to establish renewable energy plants through Government-to-Government (GtG) arrangements, as claimed by a source on January 18. Read: CDA, govt team up with for \u2018Bicycle Lane Initiative\u2019 in ISB According to top officials from the Energy Ministry, multiple factors have led to a request for an open-ended tariff from the Power Division to initiate the project, including the challenges in the country\u2019s power and oil and gas sector, citing its current unsustainable state. Energy Minister Muhammad Ali announced that the government has abandoned the International Competitive Bidding (ICB) mechanism for seeking bids from investors for 2,400 MW renewable power plants. Instead, the government plans to establish solar and wind power plants under GtG arrangements, attracting interest from Saudi Arabia and other Middle East countries keen on investing in renewable energy. Read: UN-backed \u2018GHAR\u2019 initiative launched to assist govt in constructing climate-resilient houses In response to inquiries about the price discovery mechanism for GtG arrangements, officials clarified that a negotiating committee would be constituted for GtG commercial agreements and price discovery. The finalisation of the price discovery mechanism, conducted by the transaction advisor, is currently in progress to determine project costs and tariffs.<\/p>\n","protected":false},"author":88,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017,15020],"tags":[57656,57882,49353],"persona":[],"class_list":{"0":"post-96166","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"category-social-developments","9":"tag-govt-of-pakistan","10":"tag-renewable-energy-plant","11":"tag-renewable-energy-projects","12":"cat-15017-id","13":"cat-15020-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renewable Energy Plans in Discussion, Says Govt - Zameen News<\/title>\n<meta name=\"description\" content=\"Pakistan Govt&#039;s strategic move towards sustainable energy, opting for GtG arrangements for the establishment of renewable energy plants.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Renewable Energy Plans in Discussion, Says Govt - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Pakistan Govt&#039;s strategic move towards sustainable energy, opting for GtG arrangements for the establishment of renewable energy plants.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-21T05:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1170\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Muhammad Zohaib Nasir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Muhammad Zohaib Nasir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Renewable Energy Plans in Discussion, Says Govt - Zameen News","description":"Pakistan Govt's strategic move towards sustainable energy, opting for GtG arrangements for the establishment of renewable energy plants.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html","og_locale":"en_US","og_type":"article","og_title":"Renewable Energy Plans in Discussion, Says Govt - Zameen News","og_description":"Pakistan Govt's strategic move towards sustainable energy, opting for GtG arrangements for the establishment of renewable energy plants.","og_url":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html","og_site_name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2024-01-21T05:00:00+00:00","og_image":[{"width":1170,"height":400,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","type":"image\/png"}],"author":"Muhammad Zohaib Nasir","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Muhammad Zohaib Nasir","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html"},"author":{"name":"Muhammad Zohaib Nasir","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6"},"headline":"Pakistan to boost renewable energy via GtG deals","datePublished":"2024-01-21T05:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html"},"wordCount":205,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"image":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","keywords":["govt of pakistan","renewable energy plant","renewable energy projects"],"articleSection":["Notices &amp; Announcements","Social Developments"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html","url":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html","name":"Renewable Energy Plans in Discussion, Says Govt - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#primaryimage"},"image":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#primaryimage"},"thumbnailUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","datePublished":"2024-01-21T05:00:00+00:00","description":"Pakistan Govt's strategic move towards sustainable energy, opting for GtG arrangements for the establishment of renewable energy plants.","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#primaryimage","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2020\/04\/GoP.png","width":1170,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/renewable-energy-plans-discussion-says-govt.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"Pakistan to boost renewable energy via GtG deals"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News &amp; Pakistan Property News &amp; Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/e52d08c48c8141ff2bf4db7bff52ddc6","name":"Muhammad Zohaib Nasir","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2023\/07\/WhatsApp-Image-2023-07-12-at-8.18.24-AM-96x96.jpeg","caption":"Muhammad Zohaib Nasir"},"description":"As a graduate in English Literature, Zohaib believes that words are not just a mere figment of imagination. It takes wisdom to be good at them. Following this reason, he is pursuing his career as Public Relations and Content Specialist at Zameen.com.","url":"https:\/\/www.zameen.com\/news\/author\/zohaib-nasir"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/88"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=96166"}],"version-history":[{"count":1,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96166\/revisions"}],"predecessor-version":[{"id":96167,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/96166\/revisions\/96167"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media\/64102"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=96166"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=96166"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=96166"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=96166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}