A delegation from Southern Companies Group Kazakhstan is visiting Pakistan to explore investment opportunities in power, oil and gas and energy conservation sectors. Igor Tomas, President of the Group, leads the delegation. Other prominent members include Natalya Badenova, General Manager and Yedge Yessen Kuov, Director Marketing.
The delegation visited Ministry of Investment, Board of investment office in Islamabad and called on BOI senior officials, including Iqbal Ahmad and Riaz-ul- Haq Executive Director Generals. From the public side, senior representatives of Ministry of Petroleum and Natural Resources, PPIB, Alternative Energy Development Board and National Energy Conservation Center also participated in the meeting to make it more productive and informative.
It was informed by Enercon that estimated saving potential for Pakistan through energy efficiency is US $2 Billion annually. While referring to the opportunities in Hydel and Coal for Private Sector, PPIB representative informed the delegates that so far only around 6,000 MW has been tapped from an estimated potential of 45,000 MW for the development of small, medium, and mega Hydropower projects.
Also Pakistan's Thar Coal Reserve is estimated at about 175 billion tones, which are still untapped. The delegation appreciated the hospitality extended to them during their visit in Pakistan. They were very interested to invest in all major areas related to energy sector, as there is huge potential.-PR
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