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Punjab Board of Investment and Trade (PBIT) has participated in the Pakistan Energy Forum 2015 in Islamabad which was organised by Shamrock Conferences International. It was a 7th consecutive annual assembly of energy sector stakeholders particularly from the areas of oil and gas, renewable, power and investments. The theme of the conference was "streamlining energy priorities for development and economic growth."
According to the spokesperson, PBIT Director General Lubna Pathan delivered a comprehensive presentation on the topic of "when and how we are going to leverage from investment opportunities in energy sector." She highlighted Pakistan's investment requirements in the power sector which is estimated to be US 8.8 billion dollars, in comparison with the global investment requirements ($40 trillion) in the same sector. She explained the building blocks of power sector development, ways of channelising investment in power sector and public/private financing mechanisms. She stressed upon the need to stop inefficient power transmission and distribution as country loses 25 to 30 percent of energy because of the poor infrastructure, mismanagement and theft.

Copyright Business Recorder, 2015

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