The Federal Minister for Water and Power, Raja Pervez Ashraf has said that the government has set a target to electrify 7,000 villages within next five years through solar energy which cannot be electrified through grid. The minister said that Pakistan is facing the same issues in developing and utilising its renewable as many other countries in similar situation.
It is therefore important for us to identify and address the barriers to developing renewable energy. We feel that key barriers are the availability of state of the art technology, skills and knowledge and the necessary financial mechanism, for the promotion of the technology at all levels.
We also need to develop global financial mechanism that responds to the special requirements of the renewable energy sector. Pakistan feels that if level playing field is provided to the renewable energy sector, they are the least expensive, environment friendly and the most sustainable resources of energy, he added.
He was addressing the representatives of more than 120 countries in the second session of the preparatory commission of International Renewable Energy Agency (IRENA), held in resort city of Sharm-ul-Sheikh, says a message received from Cairo, Egypt, here. He said that Pakistan has also set high targets for itself including renewable energies to add 5 percent (approximately 10,000 MW) of the electricity generation on grid by year 2030 and the replacement of 5 percent diesel with bio-diesel by year 2015 and 10 percent by 2025. The Minister for Water and Power has extended full support of Pakistan to the newly perceived International Renewable Energy Agency (IRENA).-PR
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