Chairman of Ansaldo Energia calls on PM Abbassi

Prime Minister Shahid Khaqan Abbassi has said Pakistan has embarked upon a major program to expand capacity of energy sector in the country. 

Talking to Chairman of Ansaldo Energia Company Giuseppe Zampini in Islamabad on Tuesday, he said that smaller projects near grid stations are being conceived to overcome transmission challenges.

The Prime Minister said that the government is also actively considering replacement of low efficiency furnace oil based plants with high efficiency plants based on cheaper fuels, which will open up new avenues for companies like Ansaldo Energia to participate in the new projects.

Earlier, Prime Minister Shahid Khaqan Abbasi received Mr. Giuseppe Zampini, Chairman of Ansaldo Energia.

Mr. Zampini expressed keen interest in expanding his company's operations in Pakistan in oil and gas, and water resource management sectors. Ansaldo Energia is a leading international player in power generation industry with operations spread around the world.

Chairman of Ansaldo Energia informed the Prime Minister that the company is actively considering Pakistan as a priority market for establishment of small power projects, especially based on low B.T.U. gas.  The Company has long history of commercial presence in Pakistan, and opportunities offered by Pakistan's energy sector are immense.

The Prime Minister welcomed Chairman of Ansaldo Energia, and stated that Government of Pakistan has embarked upon a major program of capacity expansion in order to meet growing energy requirements. Smaller projects near grid stations are being conceived in order to overcome transmission challenges. Government is also actively considering replacement of low-efficiency furnace oil based plants with high efficiency plants based on cheaper fuels. This opens up new avenues for companies like Ansaldo Energia to participate in the new projects under prevalent legal regime, the Prime Minister said.

Chairman Ansaldo Energia evinced his interest in the areas of partnership indicated by the Prime Minister, and informed that his company will deepen its interactions and consultations with interested partners.