ISLAMABAD, June 27: Prime Minister Nawaz Sharif on Wednesday said that Pakistan’s huge alternative energy potential holds the key to overcoming the acute energy crisis facing the country.
“All avenues need to be explored and every effort needs to be put in to tap in the alternative energy potential of the country,” the prime minister emphasised while speaking at a presentation given to him on solar energy resources in Pakistan and investment opportunities for a consortium of foreign and local companies. Nawaz expressed these views while speaking at a presentation given to him on solar energy resources in Pakistan and investment opportunities by a consortium of foreign and local companies.
The consortium showed confidence in the leadership of Nawaz Sharif and said that the pro-investor policies of the present government have attracted them towards investment opportunities in Pakistan. While addressing the meeting, the prime minister said that his government would go an extra mile to facilitate those companies and firms which transfer technology through their investments in the alternative energy sector in Pakistan.
The prime minister observed that Pakistan possesses huge potential of solar and wind energy and has a reservoir of coal and other fossil fuels to produce electricity which, if utilised optimally, would help improve people’s standards of living. Nawaz also took notice of non-provision of gas to thermal powerhouses and ordered that they be supplied the fuel on immediate basis and sought a report from the concerned authorities. It is noteworthy that electricity generation was affected due to the non-provision of gas to thermal powerhouses.
Nawaz Sharif will personally monitor the latest data on electricity, including availability and consumption. In this regard, the Ministry of Water and Power has installed equipment to provide latest data on electricity generation and its consumption at the Prime Minister’s Office in Islamabad. Minister for Water and Power Khawaja Asif has said that now the prime minister will personally monitor the latest electricity data and will issue directives in accordance with the situation. agencies