Thursday, 08 December 2022, 01:51:07 am
Pakistan rapidly moving towards harnessing renewable energy sources: Shehbaz Sharif
September 30, 2022

Prime Minister Shehbaz Sharif says Pakistan wants Japanese investment in solar energy, clean drinking water, wastewater and logistics sectors.

He was talking to a delegation of Japanese companies in Pakistan led by Parliamentary Deputy Minister for Economy, Trade and Industry of Japan Satomi Ryuji who called on him in Islamabad on Friday.

The Prime Minister said Pakistan is rapidly moving towards harnessing renewable energy sources like solar, wind and hydel, as the huge foreign exchange spent on importing oil, gas and other expensive fuels is an unbearable burden on our economy.

He said Pakistan is starting a project to generate 10,000 megawatts of electricity from solar energy on an emergency basis. For this purpose, the government has not only prepared an effective investment plan, but a pre-bid conference of all stakeholders has also been organized.

In addition, the Prime Minister thanked the government and people of Japan for their sympathy and financial assistance of 7 million dollars for the devastation and loss of precious lives caused by the recent historic floods in Pakistan.

On this occasion, the Prime Minister also issued orders to form a committee of officials of all relevant institutions to solve the problems of Japanese companies doing business in Pakistan on a priority basis.