Turkey to Explore the Energy Sector of Pakistan – Research Snipers

Turkey to Explore the Energy Sector of Pakistan

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Turkey is ready to avail of the opportunities in Pakistan’s energy sector under the new policy. This was revealed by the Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul, as reported by Express Tribune.

In a meeting with the Federal Minister for Energy Omar Ayub Khan at his office, the Turkish envoy admitted that the government is committed to addressing the energy challenges. He also said that Pakistan is moving forward to attain sustainable energy for economic growth in Pakistan.

Khan spoke about the significant features of the recently approved Alternative Energy Policy. He also highlighted the investment opportunities that the government has extended under the policy. It would lead to 75% production of electricity via domestic resources by 2030.

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He said, “In line with the new policy, Pakistan will bring modern technology and start production of renewable energy equipment like solar panels, wind turbines, and blades.”

The minister said that the energy projects will be given via open and competitive bidding under the Alternative Energy Policy.

In an earlier article, it was reported that the Council of Common Interests (CCI) approved an alternative and Renewable energy policy 2019. Prime Minister Imran Khan chaired the 42nd meeting of the Council of Common Interests (CCI) in which an eight-point agenda was considered. The meeting was attended by Chief Ministers, Federal Ministers, Attorney General, and concerned officials of all the four provinces.

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