Danish Ambassador to Pakistan Rolf Holmboe on Friday called on the Federal Minister for Power Division, Sardar Awais Ahmed Khan Leghari and discussed matters related to cooperation in the field of energy. The minister apprised the ambassador regarding the steps which have been taken by the incumbent government to meet challenges in energy sector. Awais Leghari said that there is lot of opportunities for the entrepreneurs of Denmark to invest in Pakistan, according to a press release issued here on Friday.
Minister informed the ambassador that Pakistan has taken decision to call competitive bidding for renewable energy power generation in order to utilize the resources for due benefits to the consumers. The Minister also invited the ambassador to extend their assistance in the establishment of renewable energy institute. Awais Leghari said that new energy policy is at final stages adding that this policy will determine the demand and supply scenario of electricity in the country. It was also shared in the meeting that a renewable energy expert will be nominated from Denmark to interact with Electricity Policy and plan team and to collaborate on setting up of a Renewable Energy Institute in one of the Universities in Pakistan.
Federal Minister also acknowledged that the Denmark has an extensive experience on managing the transition from cost-plus to competitive bidding in energy sector. Furthermore, it was also requested ambassador to exchange the updates on it, in the coming week. Minister added that the Additional Secretary will coordinate the Denmark and will be liable to create a liaison between both partners. The ambassador agreed on extending their bilateral relations and to work collectively on different sectors particularly in Power sector. He said that Denmark wants to be the partner with Pakistan to meet the energy challenges. He also admired the significant contribution made by Power Division and said that power sector is the fast growing sector in Pakistan.-PR
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