Economics & Business

Govt exploring “out of box” solutions to resolve energy crisis: President

ISLAMABAD: President Asif Ali Zardari has said that the government was exploring “out of box” solutions to resolve energy crisis on the one hand, and attempting to tap renewable energy potentials, on the other, to generate more power. In his message of the 5th anniversary of monthly Energy Update magazine, he said the proactive approach on Thar coal project has enabled the government to attract a couple of coal power generation projects, one of them under public-private partnership.

“The democratic government pays utmost importance to energy sector and, therefore, gives top priority to address the current energy crisis which is one of the problems inherited by the present leadership. We are committed to expand power generation in the country and attract investment in this sector to meet the growing demand for electricity, oil and gas”,

The President felicitated the management of Energy Update on the 5th anniversary of its publication. “It is reassuring that Energy Update has focused approach towards all aspects of the energy sector and highlighting its true potentials, for both the local and overseas investors as well as.

Prime Minister Yousuf Raza Gilani, in his message, pointed out that the government was striving hard to overcome the energy shortage which is basically an outfall of the previous regime’s wrong policies. Like previous year, I have once again invited all the four chief ministers, representatives of industries, business and other stakeholders to workout a detailed roadmap; short-term, medium term and long-term basis to address this issue”, he remarked.

He asserted that the government was working to bridge the gap in supply and demand of electricity on war footing, a number of power units have been commissioned in the last three years. “We have also expedited work on Thar Coal Power Generation projects for 5,000 mega watt of electricity. These will commence production in 2015”, he noted.

Prime Minister Gilani said that Energy Update was doing a good job by projecting all aspects of energy sector as well as highlighting its true potential in the country. He asserted that the government was working to bridge the gap in supply and demand of electricity on war footing, a number of power units have been commissioned in the last three years. “We have also expedited work on Thar Coal Power Generation projects for 5,000 mega watt of electricity. These will commence production in 2015”, he noted.

Prime Minister Gilani said that Energy Update was doing a good job by projecting all aspects of energy sector as well as highlighting its true potential in the country. The independent media not only promotes the democratic culture of debate, but also plays a vital role in advancement of ideas which can bring a positive change in the society. Our sincerity and effort to ensure free and independent media is evident in 18th Amendments.

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Mian Ahsan Liaqat

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