Punjab would be witnessing the recycling of solid waste to renewable energy soon. A Ukrainian company specializing in renewable energy projects (REP) and municipal solid waste (MSW) tends to start the project in the province.
A team from the Clear Energy Group of Companies visited the Punjab Board of Investment & Trade (PBIT) to discuss the potential of renewable energy in Punjab.
Director of Facilitation at PBIT, Dr. Suhail Saleem, had a meeting with the CEO of the company and briefed them regarding the potential of renewable energy in Punjab.
Dr. Suhail Saleem apprised the team for working with PBIT, Lahore Waste Management Company, and Punjab Power Development Board.
The waste collection from Lahore is at the top. The company is in process of developing a business plan to submit an unsolicited bid. PBIT will provide facilitation to the company for connecting them with other relevant government departments.
It was informed that waste in Punjab is roughly around 60% organic. That is suitable for biogas power plant and landfill degassing. Overall, Pakistan produces, on average, 30 million waste tons every year.
It was also reported that the Ukrainian team added that this cooperation between the two countries will assist Pakistan in modernizing its energy sector, making it energy-efficient, expanding its usage of renewables as well as the reduction of CO2 emissions in the long-term.