NA passes bill to set up AEDB -Pakistan Press Foundation (PPF)

Paksitan Press Foundtion

NA passes bill to set up AEDB

ISLAMABAD: The government sailed through National Assembly a bill to establish Alternative Energy Development Board (AEDB) as a permanent body to facilitate Development and to generate alternative and renewable energy sources.

All the amendments proposed by the opposition in the bill were dropped as it d walked out of the house. The AED was established by an ordinance that requires
the President’s nod after every three months. Now after the passage of the bill by the National Assembly and subsequently by the upper house it would be a permanent body.

The board would function as an autonomous body with the purpose of implementation of various policies, program, and projects in the field of alternative and renewable energy technologies.

A chairman would head the AEDB. The incumbent needs to be an eminent engineering professional of known integrity, expertise in handling the development projects.

The board would develop strategies, policies and plans for utilisation of alternative and renewable energy resources to meet the future energy needs.

It would facilitate power generation through alternative or renewable energy sources by acting as one window facility for establishing, promoting and facilitating alternative or renewable energy projects based on wind, solar, micro-hydel, fuel cells, tidal, ocean, biogas bio mass.
Source: Business Recorder
Date:2/23/2007