Govt alive to foreign companies’ contribution to power sector: Asif
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MIAN ARSHAD ISLAMABAD—Minister for Water and Power, Khawaja Muhammad Asif, Tuesday, appreciated foreign investors’ important role in energy sector in the country. Talking to Italian, German and Japanese envoys separately, he said that government was fully alive to the importance of foreign companies’ contribution to mitigate the energy crisis in Pakistan. In his meeting with Italian Ambassador, Stefano Pontecorvo, Khawaja Muhammad Asif apprised him about the efforts being made by the Government of Pakistan in the energy sector. He said that despite severe heat in the Holy Month of Ramazan, the Ministry of Water and Power is working hard to provide uninterrupted power supply to the more than 90 per cent of the urban and 85 per cent of the rural domestic consumers during Iftar, Taraweh and Sehri timings.
Appreciating the Italian investor’s role in the renewable energy, the Federal Minister for Water and Power also highlighted the importance of off grid energy solution in the form of solar and wind energy. He said that many areas which are far flung have also the potential to get energy from solar panels. He said that Pakistan is cognizant of the expertise of Italy in the renewable energy resources and is aspirant of taking full advantage of these expertises. The Italian Ambassador lauded role of the Ministry of Water and Power and its organizations for full facilitating the Italian investors. He said that many Italian companies have shown interest in the energy sector of Pakistan.
During the meeting with German Ambassador, Lepel the Federal Minister for Water and Power mentioned the recent agreement between Atlas group and Siemons for setting up of 1000 MW gas based power project as great leap in the bilateral cooperation between the two countries. He said that the bilateral relations between the two counties are further strengthening with each passing year. He also offered the German side to invest in the off grid energy solution in Pakistan. The German Ambassador appreciated the Ministry of Water and Power for facilitating the German investors. While talking to the Japanese Ambassador, Takashi Kurai, Khawaja Muhammad Asif said that Japan’s international cooperation Agency has been main development partner associated with Ministry of Water and Power in many of the power projects. He said that JAICA has been associated with many important power sector projects which include digitalisation of data, feasibility studies of coal projects.
The Minister said that Pakistan and Japan enjoy friendly and cordial relations and the multi dimensional cooperation between the two counties has been strength of the deep relations between the two countries. He said that a lot of Pakistanis lives in Japan in connection with old car business. The Japanese Ambassador expressed satisfaction over the current cooperation between the two counties. He said that Japanese companies are interested in the Lakhra coal projects. He said that these companies will participate in the process.
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