Power Dis­tri­bu­tion Sys­tem of­fers $4 bil­lion mar­ket: Leghari

The Pak Banker - - NATIONAL - ISLAMABAD -APP

Fed­eral Min­is­ter for Power Di­vi­sion, Sar­dar Awais Ahmed Khan Leghari has in­vited Ja­panese com­pa­nies and in­vestors for in­vest­ing and ex­plor­ing 4 bil­lion dol­lars mar­ket in the Power Dis­tri­bu­tion sys­tem in the area of ser­vice de­liv­ery to the con­sumers in­clud­ing the mod­ern tech­no­log­i­cal so­lu­tions.

The Min­is­ter ex­tended the in­vi­ta­tion to the Ja­panese In­vestors in a meet­ing with Am­bas­sador of Ja­pan H.E Mr. Tak­shir Ku­rai.

Fed­eral Min­is­ter for Power di­vi­sion while high­light­ing the im­por­tance of ser­vice de­liv­ery within the elec­tric­ity dis­tri­bu­tion net­work said that since the govern­ment has been able to bridge the de­mand and sup­ply gap with its in­duc­tion of mul­ti­ple fuel power gen­er­a­tion, the em­pha­sis is fast shift­ing to­wards pro­vid­ing the elec­tric­ity to the end con­sumers with ser­vice de­liv­ery of in­ter­na­tional stan­dards.

He said that govern­ment is now pon­der­ing over bring­ing in the pri­vate sec­tor for bet­ter ser­vice de­liv­ery to the end con­sumers. He said that since the dis­tri­bu­tion net­work and as­so­ci­ated gad­gets are still lack­ing the mod­ern tech­no­log­i­cal ad­vance­ment, and present DIS­COs have no enough in­vest­ment, it is high time that the pub­lic-pri­vate part­ner­ship can take the stage. He said that govern­ment is con­sid­er­ing mul­ti­ple op­tion with high rate of re­turn on in­vest­ment in this re­gard.

Sar­dar Awais Ahmed Khan Leghari ap­pre­ci­ated the ex­ist­ing level of co­op­er­a­tion be­tween the two coun­tries spe­cially in the power sec­tor. He also high­lighted the need of Ja­panese as­sis­tance in ca­pac­ity build­ing of the hu­man re­source at dif­fer­ent lev­els of the Power Sec­tor. He di­rected the Power Di­vi­sion to keep close li­ai­son with Em­bassy of Ja­pan in this re­gard.

Fed­eral Min­is­ter also urged the need of as­sis­tance by the Ja­panese side in the for­mu­la­tion of pol­icy doc­u­ments and fu­ture en­ergy plan for power sec­tor in Pak­istan.

The Min­is­ter said that Pak­istan and Ja­pan are close friends and have com­mon­al­ity of views on a num­ber of is­sues at in­ter­na­tional level. He spe­cially men­tioned the Ja­pan as­sis­tance in the Trans­mis­sion ex­pan­sion in Pak­istan.

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