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The measures announced by the government to overcome the power shortage will help in saving electricity for essential uses, but the government should seriously think of establishing small and large electricity generation projects, which are extremely essential for the industrial growth, running other allied business and daily life.
This was stated by President of Islamabad Chamber of Commerce and Industry (ICCI) in a meeting here on Tuesday. He said that energy conservation steps would help in saving energy on temporary basis, but there was a great need to look for permanent solutions for the electricity generation, because in the years to come, more electricity would be required to meet the increase in demand.
The ICCI President said that at present industrial production was badly hampered due to shortage of electricity; as a result exports were also affected adversely. He said that for increase in exports, Pakistan had to seriously think for the power generation by launching small and big energy generation projects.
Abbasi said that the foreign investors showed great concern as far as the energy crisis in Pakistan was concerned and now they looked for other countries to make investment. "If Pakistan keeps on adopting policy of shortcuts and temporary solutions and ignores long-term planning, then our country has to face more difficult situation in future," he observed.
He said that business community would support the measures announced by the government for energy conservation, and assured the government of markets cooperation. "It is now the responsibility of the every Pakistani to take measures at its own for saving energy and avoid operating electric appliance unnecessarily," he added.

Copyright Business Recorder, 2008

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