Omar Ayub calls for greater US investment in multiple sectors including power

MG News | February 02, 2021 at 09:43 AM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

February 02, 2021: Minister for Energy Omar Ayub Khan has called for greater US investments in power generation, transmission and distribution, artificial intelligence, renewable and hydel energy.

Talking to US Deputy Assistant Secretary of State for Pakistan Affairs Lesslie C Viguerie, who called on him in Islamabad, the minister said the present government is making efforts to transform the energy sector.

He says the government has finalized Indicative Generation Capacity Expansion Plan -2047 which emphasizes increasing the share of indigenous sources to reduce the reliance on imported fuel.

The Minister said the government will induct renewable energy-based power plants through open and competitive bidding in a transparent manner and will encourage the transfer of technology.

US Deputy Assistant Secretary Viguerie appreciating the Pakistan government's efforts to revolutionize the energy sector said economic links between both counties will strengthen the Pak-US relationship.

Radio Pakistan

Related News

Name	Price/Vol	%Chg/NChg
KSE100	179,571.27 436.67M	1.06% 1878.35
ALLSHR	108,600.94 844.23M	1.00% 1073.54
KSE30	53,548.42 162.02M	0.99% 525.53
KMI30	256,725.70 154.74M	0.76% 1936.43
KMIALLSHR	70,620.69 563.61M	0.98% 683.55
BKTi	48,625.03 36.31M	1.37% 658.39
OGTi	37,179.52 8.29M	0.94% 345.85

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	61,040.00	61,900.00 60,590.00	1205.00 2.01%
BRENT CRUDE	73.17	73.51 72.06	-0.57 -0.77%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.25	126.25 126.25	0.35 0.28%
USD RBD PALM OLEIN	1,135.00	1,135.00 1,135.00	0.00 0.00%
CRUDE OIL - WTI	69.81	70.21 68.90	-0.53 -0.75%
SUGAR #11 WORLD	14.09	14.13 13.86	0.07 0.50%