ISLAMABAD – Experts at a day-long workshop here proposed formation of an energy think tank namely Pakistan Energy Research and Information Center (PERIC) to help overcome the energy crisis.

Workshop on Pakistan Integrated Energy Model was held at the Planning Commission to discuss the on-going energy crisis being faced by Pakistan due to lack of integrated planning.  The workshop was chaired by Dr. Nadeem Ul Haque Deputy Chairman Planning Commission and among others, key players of “Energy Sector” both from public and private sector participated in it. In his remarks, Nadeem-ul-Haq supported the formation of Pakistan Energy Research and Information Center (PERIC) for the promotion of international best practices and developing sustainable solutions.

“I fully support the vision to setup Pakistan Energy Research and Information Center (PERIC) as a reputable center of excellence for energy which is self-financed and financially sustainable,” he said.

The Deputy Chairman Planning Commission said that PERIC will create the enabling environment for development and dissemination of integrated energy sector analysis and studies for sustainable solutions besides helping in the Development of Pakistani expertise and intellectual skills in specialized areas.

The experts on the occasion envisaged that Pakistan Energy Research and Information Center (PERIC) will serve as a successful platform which will not only act as a panacea for the on-going energy crisis but will also help expedite economic development, bringing benefits to society at large.

It was pointed out in the workshop that lack of coordination between two energy ministries i.e. Ministry of Water and Power (MoWP) and Ministry of Petroleum and Natural Resources (MPNR) was contributing more towards energy crisis.