KE, NEPRA host webinar to discuss Pakistan’s transition to a low-carbon energy future

Karachi  - Facilitated by Nutshell conferences, K-Electric and NEPRA hosted a live webinar on “Pakistan’s Energy Transition and the Road Ahead”. While stressing the need for Pakistan’s shift to a more green and clean energy future, the panelists covered opportunities in renewable energy area with a focus on overcoming the challenges in regulatory and policy framework, financing, and technical fields. Attendees included Chairman NEPRA, Tauseef H Farooqi, CEO Alternate Energy Development Board, Shah Jahan Mirza and State Bank of Pakistan’s Director for Infrastructure Housing & SME Finance Department, DrMian Farooq Haq along with Member Finance WAPDA, Naveed Azfar. Chief Strategy Officer K-Electric, Naz Khan represented KE. 
Chairman NEPRA, Tauseef H Farooqi highlighted that for renewable industry to innovate and thrive Pakistan needs a transition in its generation, transmission, distribution system. He also reassured the audiences that NEPRA has been constantly working to bring that very change and their “actions are louder than words”. He mentioned that as the regulator, NEPRA’s intent is to enhance the RE footprint, which currently accounts for only 3 percent of Pakistan’s overall generation capacity of over 35,000 MW to 30 percent over the next ten years. Mr Farooqi also shared that current share of hydropower at 30 percent should be included in the renewable energy mix, which would enable Pakistan’s total progress in the renewable energy space to exceed 60 percent in next ten years. This should result in an environmentally friendly and affordable energy mix in the country.

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