Indigenous resources be given priority to reduce reliance on imported fuels: Khusro Bakhtyar

News Image

MG News | September 20, 2019 at 05:17 PM GMT+05:00

0:00

Sep 20, 2019: Minister for Planning Development and Reforms Makhdum Khusro Bakhtyar Friday said the indigenous resources should be given priority in future energy mix to reduce reliance on imported fuels.

He said integrated development of power and petroleum, natural gas and coal sectors was of utmost importance for efficient future energy planning.

The minister was Chairing the third meeting of Steering Committee on Integrated Energy Planning (IEP).

The meeting was attended by Planning Commission Deputy Chairman Dr Mohammad Jehanzeb Khan, members steering committee including power and petroleum secretaries, representatives from the United States Department of Energy, senior officials from Economic Affairs Division and planning ministry.

The minister stressed the need for taking provinces on-board on the IEP process and giving them representation in steering committee to ensure coordinated institutional setup for national energy planning.

He said incremental growth for electric vehicles should also be factored-in and their electricity demand be analyzed.

Khusru Bakhtyar highlighted the importance of capacity building of Planning Commission as well as line ministries.

He endorsed the analysis presented by representatives of USDOE and was also hopeful that in future more elaborated analysis would be made once IEP structure was fully in place.

The steering committee approved an institutional structure for ongoing IEP efforts whereby an energy planning and resource center will be established in Planning Commission.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 158,012.79
550.46M
1.17%
1834.97
ALLSHR 96,780.31
1,940.37M
1.20%
1149.92
KSE30 48,222.80
247.42M
1.14%
544.33
KMI30 233,115.87
288.45M
1.50%
3433.65
KMIALLSHR 65,092.75
1,012.24M
1.13%
725.99
BKTi 42,450.18
83.72M
1.26%
527.38
OGTi 31,831.52
15.07M
0.30%
95.73
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,600.00 118,295.00
116,115.00
1775.00
1.53%
BRENT CRUDE 67.38 68.16
67.35
-0.57
-0.84%
RICHARDS BAY COAL MONTHLY 84.00 0.00
0.00
-0.40
-0.47%
ROTTERDAM COAL MONTHLY 94.50 94.50
94.50
0.95
1.02%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 63.15 63.91
63.13
-0.55
-0.86%
SUGAR #11 WORLD 16.17 16.27
16.15
-0.10
-0.61%

Chart of the Day


Latest News
September 18, 2025 at 03:19 PM GMT+05:00

Pakistan records $245m Current Account Deficit in August


September 18, 2025 at 03:17 PM GMT+05:00

Pakistan’s mining sector seen as key driver of $8bn


September 18, 2025 at 02:43 PM GMT+05:00

Gold price in Pakistan remain unchanged


September 18, 2025 at 02:26 PM GMT+05:00

Oil prices slip as fed rate cut sparks economic concerns


September 18, 2025 at 02:15 PM GMT+05:00

Power generation rises 8% YoY in August 2025



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg