Provincial Finance Department sources told APP here Monday that nature had endowed the province with immense opportunities for generation of solar, wind and geo-thermal energy.
"The provincial government has already set-up Balochistan Energy Company for promotion of renewable energy which had duly been registered by Security Exchange Commission of Pakistan", the sources said, adding the government currently spends Rs 3 billion on subsidy for around 15600 tube wells in provincial agriculture sector and with exorbitant increase in power tariff the government would hardly manage to continue subsidy for these tube-wells.
The government has a plan to convert all these tube-wells to solar-energy run at a cost of Rs 5 billion.
Balochistan Governor House, Chief Minister and Civil Secretariat would also be made equipped with solar energy system. The project would cost Rs. 450 million.
Besides, all divisional headquarters would also have solar energy lighted street systems at a cost of Rs. one billion. One billion has been set aside for installing wind masts at coastal belt of the province. These strives by the government would greatly help check increasing prices of petroleum prices,the sources added.