AGECO has earlier installed successfully first wind energy turbine at F-7 crossing for generating energy by flow of traffic and supply it to traffic signals. The landmark achievement of AGECO was appreciated by CEO, EDB. He pleaded to the government to grant special concessions to pioneer of the wind energy projects in the country. The second wind turbine will generate 2 kw energy and its life is 20 years. Therefore, it is financially viable as it covers its cost in first year of operation.
The firm planned to generate enough wind energy for supply of electricity to street lights and traffic signals of the Capital. EDB has taken up their case with the CDA Chairman for meeting their demand of enough suitable sites. The Firm has also a plan to cover Lahore Rawalpindi motorway for similar projects.
A wind energy vertical turbine has been designed by the AGECO Firm which operates at availability of wind in range of 2.1 meters to 7 meters per second against the maximum required range of 3.5 meters per second to generate 1.5 to 2 kw of energy in 24 hours. The locally designed wind energy turbine will cost Rs. 200,000 per kw as compared to imported turbine costing Rs. 1 million per kw.
Aitzaz A Niazi added that EDB has carried out an assessment of existing capabilities of local manufacturers for manufacturing wind turbine component and the potential for future expansion in capacity through transfer of technology. Federal Minister for Industries and Production Mir Hazar Khan Bijarani has lauded the efforts of the management of AGECO Firm for manufacturing indigenized wind energy projects which would help in overcoming energy crisis in the country. The Minister also appreciated the assistance and cooperation of the EDB extended to AGECO Firm in this regard.