Federal Minister for Water and Power Raja Pervez Ashraf on Friday invited Poland to invest in the coal power generation and coal mining sector in Pakistan to benefit the country with the expertise of Polish technology. He said this while talking to Ambassador of Poland Dr Krzysztof Debnicki, who called on him here on Friday.
The Ambassador discussed matters of mutual interest, especially power and mining sectors to further strengthen the economic ties between the two countries. Raja Pervez Ashraf, welcoming the Ambassador, informed him about the current energy situation faced by Pakistan.
He said that the new political government of Pakistan was fully determined to facilitate the foreign investors and remove all hindrances and bottlenecks to promote investment in the power sector in Pakistan, which had great potential, attractive benefits and high returns for investors. He said that today Pakistan was facing great challenges, especially in power sector, as the shortage of energy had badly affected the country's economy.
There were big coal reserves in Pakistan and the government wanted to explore the indigenous resources for multi purpose, he said, and added that an independent energy board had also been established for development of Thar coal mining and clean coal technologies.
The Polish Ambassador said that they were aware of the energy crises the world over, and informed the Minister that his country had great experience in mining development, and said that the Polish companies would be briefed on investment opportunities in Pakistan during the Ambassadors Conference to be held shortly in Poland.-PR