Pakistan, US agree to enhance energy co-op

ISLAMABAD - US Ambassador in Pakistan David Hale Wednesday called on Federal Minister for Power Division, Sardar Awais Ahmed Khan Laghari.

During the meeting, matters relating to the existing cooperation in the field of energy between Pakistan and USA came under discussion, said a press release.

The minister expressed gratitude on the US assistance in the improvement of power distribution and transmission system. He specially mentioned the USAID communication system for National Power Control Center which has helped the power sector in many ways especially in scientifically assessing the demand and supply situations.

The minister, while highlighting the opportunities that the energy sector offers to the investors, said that US entrepreneurs should  invest in the sector and get good return.

He said that Pakistan’s renewable energy sector is fast expanding and with the introduction of competitive regime the sector will offer best opportunity for the investors.

The minister said that Pakistan desires to further cement the existing cooperation in the field of energy with USA.

He said that since the USA companies have greater experience in renewable energy, close working will also boost the capacity of energy sector in Pakistan.

The minister underscored the need of frequent exchanges of expert level delegation between the two countries in order to take benefit from each other experiences.

The US Ambassador assured the Minister that the existing cooperation in the energy sector between the two countries will continue.

He said that USA is also working closely to provide further assistance to the Pakistan in the renewable energy. He said that private sector in USA is closely and keenly watching the fast expanding opportunities in the energy sector of Pakistan.

The Ambassador informed the minister that an expert level delegation headed by Additional Secretary Power Division will be participating in Power Generation Conference at Las Vegas during this month. He agreed with the Minister for enhancing the frequency of exchange of expert delegation between the two countries. Secretary Power Division Yousuf Naseem Khokhar was also present during the meeting.

 

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