'Energy round-table' moot starts today

LAHORE - Punjab Board of Investment and Trade (PBIT) is organising Energy round-table in collaboration with Punjab Power Development Board and Punjab Power Development Company, government of Punjab here on Friday (today). The aim of this discussion is to find solution to the prevailing power crisis in the country. In Punjab, electricity consumption is 61.3pc. The potential for energy generation is significantly higher and if hydel, coal, solar, biomass, wind are tapped, Pakistan can meet all its needs for years to come. The event will be one of the measures for exploring key methods for energy conservation and production. According to an official handout, the Chief Minister Punjab will chaired the event while Consultant to Chief Minister Punjab on Economic Affair Pir Saad Ahsanuddin and Vice Chairman/CEO of Punjab Board of Investment and Trade, will present welcome address followed by panel presentations and open house discussions. In the end, Chief Minister Punjab will give his concluding remarks where he will put light on potential sources for power generation. The Punjab Government has been engaged proactively with the stakeholders within businesses and the federal government for resolving energy crisis. Among the medium/long term measures, the Punjab government attaches great importance to the setting up of new power generation facilities based on indigenous fuel sources including hydel energy, coal fired energy, solar energy, biomass energy etc, alongside conservation of energy and energy efficiency measures. The event will hold panel speakers of diverse experience and repute including Nadeem Babar, Chairman, Punjab Power Development Company, Fawad Mukhtar, Chairman, Fatima Sugar Mill, Sohail Wajahat, Country Chief Siemens, Sajid Naqvi, Sugar Technologist, Shahzad Qasim, CEO Creative Energy resources, Arif Alauddin, CEO AEDB, Badar Kazmi Country Head Standard Chartered Bank, Asad Omer CEO ENGRO and Khalid Saeed Chairman NEPRA. After this round table discussion, all stakeholders will come up with recommendations and policies that will be helpful for resolving energy crisis in the country. The discussion will also lead to investment initiatives in the energy sector as with the growing demand, and the tremendous scope for improvements in energy efficiency, this sector remains very attractive in the longer term.

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