BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)
Pakistan

Rana Tanveer for investing in Renewable Energy Sector

Published Updated

imageISLAMABAD: Minister for Science and Technology Rana Tanveer Hussain Tuesday urged the investors to invest in Pakistan's Renewable Energy Sector which has immense potential.

Opening a 3-day international conference and exhibition on "Renewable Energy Technologies" here he said Pakistan has been facing power shortage for the last so many years adding that since its inception the incumbent government was taking strides to overcome the menace of load-shedding.

He said promotion of RE sector was also top priority of the government and launched many projects to tap the renewable energy potential.

He expressed the hope that load- shedding would be finished in early 2018.

The minister said Pakistan's blessed with high exposure solar energy which could be utilize for getting clean and environment energy.

He said the developed countries made immense progress to get clean energy from the RE sector. However, the under development countries could not yet tap the RW sector, he added.

The minister said there was dire need of hour to promote the environment friendly energy for survival of mankind.

He said the conference would help provide exchange of innovative and new ideas to promote RE sector.

Secretary Ministry of Science and Technology Fazl Abbas said that in past adequate importance was not given to promote RE sector adding that it has limited share in energy mix.

He said solar potential should be captured to harness the clean energy. Director General Pakistan Council of Renewable Energy Technologies (PCRET) Dr Basharat Mahmood said around 2 billion people across the globe have not yet access to the grid line system of electricity adding these could easily be facilitated through promoting RE sector.

Conference Coordinator, M Nadeem Zakir said the conference would help sensitize relevant quarters towards the importance of research and development, commercialization and widespread use of renewable energy technologies (RETs).

Deputy Director COMSATS Irfan Hayee and Secretary General Pakistan National Commission for UNESCO Hafiz Sher Ali also spoke on the occasion.

The conference was organized jointly by Pakistan Council of Renewable Energy Technologies (PCRET) and Commission on Science and Technology for Sustainable Development in the South (COMSATS).

Later, the Minister distributed shields among the foreign delegates.

Copyright APP (Associated Press of Pakistan), 2016

Comments

Comments are closed for this article.