AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.12 Increased By ▲ 1.00 (10.96%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.40 Increased By ▲ 1.00 (8.77%)
KEL 4.56 Increased By ▲ 0.55 (13.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.38 Increased By ▲ 0.96 (21.72%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 14.96 Increased By ▲ 1.09 (7.86%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.93 Increased By ▲ 0.99 (16.67%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
AIRLINK 150.25 Increased By ▲ 13.66 (10%)
BOP 10.12 Increased By ▲ 1.00 (10.96%)
CNERGY 7.42 Increased By ▲ 1.00 (15.58%)
CPHL 71.13 Increased By ▲ 6.47 (10.01%)
FCCL 45.71 Increased By ▲ 4.16 (10.01%)
FFL 14.34 Increased By ▲ 1.30 (9.97%)
FLYNG 37.15 Increased By ▲ 3.38 (10.01%)
HUBC 138.35 Increased By ▲ 12.58 (10%)
HUMNL 12.40 Increased By ▲ 1.00 (8.77%)
KEL 4.56 Increased By ▲ 0.55 (13.72%)
KOSM 4.99 Increased By ▲ 1.00 (25.06%)
MLCF 69.65 Increased By ▲ 6.33 (10%)
OGDC 203.01 Increased By ▲ 18.46 (10%)
PACE 5.38 Increased By ▲ 0.96 (21.72%)
PAEL 44.24 Increased By ▲ 4.02 (10%)
PIAHCLA 13.45 Increased By ▲ 1.22 (9.98%)
PIBTL 8.62 Increased By ▲ 1.00 (13.12%)
POWER 14.96 Increased By ▲ 1.09 (7.86%)
PPL 152.75 Increased By ▲ 13.89 (10%)
PRL 27.02 Increased By ▲ 2.46 (10.02%)
PTC 19.29 Increased By ▲ 1.75 (9.98%)
SEARL 75.06 Increased By ▲ 6.82 (9.99%)
SSGC 30.46 Increased By ▲ 2.77 (10%)
SYM 13.95 Increased By ▲ 1.27 (10.02%)
TELE 6.93 Increased By ▲ 0.99 (16.67%)
TPLP 8.00 Increased By ▲ 1.00 (14.29%)
TRG 61.90 Increased By ▲ 5.63 (10.01%)
WAVESAPP 8.94 Increased By ▲ 1.00 (12.59%)
WTL 1.31 Increased By ▲ 0.15 (12.93%)
YOUW 3.75 Increased By ▲ 0.54 (16.82%)
BR100 12,402 Increased By 1161.5 (10.33%)
BR30 35,560 Increased By 3425.8 (10.66%)
KSE100 117,298 Increased By 10123.1 (9.45%)
KSE30 35,839 Increased By 3190.7 (9.77%)
Markets

Pakistan’s energy landscape to be based on indigenous renewable sources, says Dastgir

  • Says every new electricity generation plant in Pakistan will be set up using domestic sources i.e. hydel, solar, wind and Thar coal
Published September 8, 2022

Federal Minister for Energy Khurram Dastgir on Thursday said Pakistan’s future energy landscape will be based upon the utilisation of indigenous renewable sources.

Addressing a ceremony in Islamabad, the federal minister said that as per his government’s energy policy, every new electricity generation plant in Pakistan will be set up using domestic sources i.e. hydel, solar, wind and Thar coal.

“If we use Thar coal responsibly and use technology, it can also be an environmentally sound solution to our energy crisis.

Thar power plant to start operations soon: Dastgir

“The fifth one is nuclear energy. Nuclear is an important part of our energy mix, and it has been termed as a renewable form of energy,” he said.

“The future energy landscape of Pakistan will be based upon these five sources,” he added, while calling for the modernisation of the country’s energy sector.

Dastgir said that the country’s power sector has become the most significant sector for the country’s financial viability and how we present our budgets in the power sector is now the principal hurdle, which we intend to change and transform into a principal facilitator of Pakistan’s economic growth.

He said that the United Nation’s Sustainable Development Goals (SDG) call for affordable and clean energy. “Similarly, having undergone and still suffering the historic devastations of floods, we also remember SDG 13, which calls for adequate climate action to mitigate climate disasters.

“How do we do both is our challenge,” he said.

Renewable energy developers highlight concerns of RE sector

Dastgir said that the challenge could be overcome through the usage of modern technology, by replacing fossil fuel energy projects with renewable energy.

“But at the same time, we are also grappling with the challenge of energy outlook in the aftermath of the Russia-Ukraine conflict, which has seen the prices of energy commodity becoming expensive, which is also a challenge to our foreign exchange reserves and to our finances,” said Dastgir.

Comments

Comments are closed.

Az_Iz Sep 08, 2022 05:10pm
Why import coal, instead of using Thar coal, which should save foreign exchange and create jobs.
thumb_up Recommended (0)
Razi Sep 10, 2022 05:08am
But renewable equipment is imported.
thumb_up Recommended (0)