BR100 Decreased By (-0.97%)
BR30 Decreased By (-1.55%)
KSE100 Decreased By (-0.89%)
KSE30 Decreased By (-0.94%)
AGHA 7.54 Decreased By ▼ -0.06 (-0.79%)
BECO 5.15 Decreased By ▼ -0.02 (-0.39%)
BML 57.92 Decreased By ▼ -0.60 (-1.03%)
BOP 33.35 Decreased By ▼ -0.60 (-1.77%)
CNERGY 10.76 Decreased By ▼ -0.19 (-1.74%)
CSIL 5.50 Decreased By ▼ -0.01 (-0.18%)
FCCL 54.68 Decreased By ▼ -1.17 (-2.09%)
FFL 16.07 Decreased By ▼ -0.14 (-0.86%)
FNEL 1.20 Decreased By ▼ -0.01 (-0.83%)
KEL 7.29 Decreased By ▼ -0.10 (-1.35%)
KOSM 5.97 Decreased By ▼ -0.08 (-1.32%)
LOTCHEM 27.32 Decreased By ▼ -0.38 (-1.37%)
MLCF 95.67 Decreased By ▼ -1.24 (-1.28%)
NBP 202.60 Decreased By ▼ -4.86 (-2.34%)
NCPL 56.31 Decreased By ▼ -0.65 (-1.14%)
NPL 66.25 Decreased By ▼ -1.05 (-1.56%)
OGDC 317.05 Decreased By ▼ -3.95 (-1.23%)
PACE 10.40 Decreased By ▼ -0.15 (-1.42%)
PAEL 42.34 Decreased By ▼ -0.85 (-1.97%)
PIBTL 16.77 Increased By ▲ 0.04 (0.24%)
PPL 218.15 Decreased By ▼ -4.69 (-2.1%)
PRL 57.37 Decreased By ▼ -1.78 (-3.01%)
PTC 70.58 Increased By ▲ 0.58 (0.83%)
SSGC 25.57 Decreased By ▼ -0.39 (-1.5%)
TBL 9.72 No Change ▼ 0.00 (0%)
TELE 8.32 Decreased By ▼ -0.24 (-2.8%)
TPL 19.67 Decreased By ▼ -0.15 (-0.76%)
TPLP 12.79 Increased By ▲ 0.03 (0.24%)
TREET 23.27 Increased By ▲ 0.45 (1.97%)
TRG 61.00 Increased By ▲ 0.61 (1.01%)

imageWASHINGTON: The development of Geothermal energy resources available in all provinces of Pakistan can provide cost -effective energy for the long-term and save billions of dollars spent on import of fossil fuels, a Pakistani energy expert said.

Javed Ahmad, Chairman, Energy Foundation-Pakistan, told reporters after making a presentation on the subject at an international conference that foreign entrepreneurs have shown an interest in investing in the field.

He said with investment that will bring technology, geothermal energy could produce 5000 MWe in the initial four years up to 2017, using Co Produced Hot Waters & Capped Dry wells With Geothermal Fluids.

"The use of geothermal energy will improve the economy of Pakistan by saving billions of dollars every year for Pakistan which are being used for import of fossil fuels for power generation", he said.

Javed Ahmad's recommendations at the conference included carrying out a Geothermal Energy Resources Base Load Study through International Donors and setting up three pilot power projects using Geothermal Energy in Punjab, Sindh and Gilgit Baltistan.

Comments

Comments are closed for this article.