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Wednesday, June 23, 2021

Pak-Iran power transmission line ceremony next month

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ISLAMABAD: Pakistan and Iran decided on Friday that launching ceremony of transmission line for import of 100 MW power for Gwadar from Iran will be held in next month. It was decided in the meeting between The Ambassador of Iran to Pakistan, Masha’ allah Shakeri and Federal Minister for Water and Power, Raja Pervez Ashraf. Both sides discussed matters of mutual interest, bilateral relations to further boost economic ties between the two countries.

During the meeting, it was decided in the meeting that launching ceremony of transmission line for import of 100 MW power for Gwadar from Iran will be held in next month during the visit of Iranian Minister for Energy to Pakistan on October 15 to 17. It was also agreed to expedite the process of importing 1000 MW power by Pakistan from Iran on fast track basis for its early completion.

The Ambassador offered to invest in the power projects and said that the Iranian companies are also interested for up-gradation projects of transmission lines system in Pakistan on low cost basis. He also offered sizeable investment in hydro power plants and expressed intention to finance power projects in Pakistan. The Ambassador stated that the Iranian government would provide all type of assistance to the new political government in every sector.

While, the minister said that Pakistan values the help and support of Iran and is desirous of expanding bilateral relations in all sectors. He said that currently Pakistan is facing many internal and external challenges and energy deficit is also one of them.

The government is taking necessary measures to generate electricity to bridge the demand and supply gap through fast track projects. The government has planned to bring 35,000 MW by the year 2016 and steps are being taken in this regard. He informed that the government now attaches high priority to exploit the indigenous resources like coal, hydel and wind for power generation. He said that first wind mill in the private sector will be operative next month.

Mr. Ashraf lauded the offer of the Iranian side and said that Pakistan has already signed an MOU to purchase of 1000 Mw from Iran. He also assured his full support and assistance to facilitate Iranian investors to invest in water and power sectors in Pakistan. He also expressed that this meeting would further strengthen and enhance the bilateral and economic relations between the two countries.-SANA

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