BR100 Increased By (0.02%)
BR30 Decreased By (-0.28%)
KSE100 Decreased By (-0.11%)
KSE30 Decreased By (-0.3%)
BECO 5.88 Decreased By ▼ -0.15 (-2.49%)
BML 57.70 Increased By ▲ 4.95 (9.38%)
BOP 33.90 Decreased By ▼ -0.35 (-1.02%)
CNERGY 8.17 Increased By ▲ 0.01 (0.12%)
DCL 11.80 Decreased By ▼ -0.54 (-4.38%)
FCCL 53.70 Decreased By ▼ -0.19 (-0.35%)
FCSC 5.34 Increased By ▲ 0.12 (2.3%)
FFL 17.84 Decreased By ▼ -0.19 (-1.05%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.19 Increased By ▲ 0.19 (1.73%)
KEL 8.06 Decreased By ▼ -0.05 (-0.62%)
KOSM 5.47 Increased By ▲ 0.09 (1.67%)
MLCF 88.06 Increased By ▲ 0.01 (0.01%)
NBP 183.70 Decreased By ▼ -2.78 (-1.49%)
PACE 11.58 Increased By ▲ 0.86 (8.02%)
PAEL 40.35 Increased By ▲ 0.41 (1.03%)
PIAHCLA 26.20 Increased By ▲ 0.03 (0.11%)
PIBTL 17.25 Decreased By ▼ -0.07 (-0.4%)
PPL 231.00 Decreased By ▼ -1.78 (-0.76%)
PRL 34.50 Decreased By ▼ -0.45 (-1.29%)
PTC 67.35 Decreased By ▼ -0.21 (-0.31%)
SEARL 91.34 Increased By ▲ 0.41 (0.45%)
SSGC 27.00 Decreased By ▼ -0.17 (-0.63%)
TELE 8.57 No Change ▼ 0.00 (0%)
THCCL 64.70 Increased By ▲ 4.57 (7.6%)
TPLP 9.35 Increased By ▲ 0.59 (6.74%)
TREET 24.60 Increased By ▲ 0.06 (0.24%)
TRG 71.95 Increased By ▲ 0.20 (0.28%)
WAVES 10.98 Increased By ▲ 1.00 (10.02%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)
Opinion Print edition: 2022-11-04

Towards green energy

Published November 4, 2022 Updated November 4, 2022 05:56am

It was only recently at the Saudi capital Riyadh that Prime Minister Shehbaz Sharif, according to media reports, “underlined the need for combined efforts to explore the true potential of clean energy resources, coupled with utilization of modern tools and technical gadgets to fully harness the talents of young generations and explore future avenues for progress and prosperity.”

We all know that clean energy refers to energy generated from recyclable source without emitting greenhouse gases while green energy is any type of energy that is generated from natural sources. Setting up of green energy projects in Pakistan makes greater sense because our country has a lot of sunlight, wind and water.

It’s no secret that import of petroleum or fossil fuel causes a heavy burden on our financial resources. Hence the need for making increased investments in green energy with a view to protecting our environment as well as reducing our oil import bill.

The Saudi financial support can bring us closer to our goal of setting up green energy projects on a significant scale in the country.

NUZHAT KHAN (KARACHI)

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.