BR100 Increased By (1.45%)
BR30 Increased By (1.41%)
KSE100 Increased By (1.23%)
KSE30 Increased By (1.29%)
AGHA 7.85 Increased By ▲ 0.10 (1.29%)
BECO 5.21 Increased By ▲ 0.02 (0.39%)
BML 58.79 Increased By ▲ 0.13 (0.22%)
BOP 34.45 Increased By ▲ 0.76 (2.26%)
CNERGY 10.94 Increased By ▲ 0.33 (3.11%)
CSIL 5.45 Increased By ▲ 0.15 (2.83%)
FCCL 54.81 Increased By ▲ 1.07 (1.99%)
FFL 16.76 Increased By ▲ 0.30 (1.82%)
FNEL 1.24 Increased By ▲ 0.02 (1.64%)
KEL 7.47 Increased By ▲ 0.19 (2.61%)
KOSM 5.68 Increased By ▲ 0.04 (0.71%)
LOTCHEM 29.92 Increased By ▲ 0.27 (0.91%)
MLCF 96.88 Increased By ▲ 0.52 (0.54%)
NBP 206.00 Increased By ▲ 2.47 (1.21%)
NCPL 58.00 Increased By ▲ 1.15 (2.02%)
NPL 69.00 Increased By ▲ 1.69 (2.51%)
OGDC 321.00 Increased By ▲ 2.78 (0.87%)
PACE 10.75 Increased By ▲ 0.12 (1.13%)
PAEL 43.27 Increased By ▲ 1.50 (3.59%)
PIBTL 17.13 Increased By ▲ 0.32 (1.9%)
PPL 223.50 Increased By ▲ 3.33 (1.51%)
PRL 52.30 Increased By ▲ 3.25 (6.63%)
PTC 71.35 Increased By ▲ 1.34 (1.91%)
SSGC 29.70 Increased By ▲ 0.56 (1.92%)
TBL 9.94 Increased By ▲ 0.17 (1.74%)
TELE 8.95 Increased By ▲ 0.13 (1.47%)
TPL 17.75 Increased By ▲ 0.58 (3.38%)
TPLP 13.16 Increased By ▲ 0.65 (5.2%)
TREET 22.94 Increased By ▲ 0.35 (1.55%)
TRG 60.65 Increased By ▲ 0.43 (0.71%)
By

ISLAMABAD: Prime Minister Shehbaz Sharif Friday said the government was planning to promote the use of electric vehicles in the country and would establish a network of the related charging infrastructure.

In this regard, the prime minister directed the departments concerned to present him a comprehensive plan at the earliest.

Shehbaz Sharif also asked the Ministry of Trade and Industries, Ministry of Power and Energy and the Board of Investment to extend every possible facility to investors interested in the sector of electric vehicles.

He was chairing a high-level meeting on inclusion of electric buses in the fleet of public transport, promotion of electric vehicle industry and alternative energy resources.

The prime minister emphasized that to make the country self-sufficient in energy reserves, there was a dire need to develop renewable power resources.

He mentioned the recent approval given by the government for launch of 10,000 megawatt solar project.

Nur-E 75: Pakistan’s first electric car prototype unveiled on Independence Day

The solar project, he said, would not only reduce environmental pollution but also ensure generation of cheap electricity by cutting reliance on costly imported fuel, thus saving valuable foreign exchange.

The meeting was presented with the proposals on electric buses for public transport and was also updated on the increasing use of electric vehicles across the world.

It was informed that the development of industry and infrastructure of electric vehicles would significantly bring down the country’s import bill besides opening up opportunities of foreign investment and employment.

Comments

Comments are closed for this article.