Renewable energy vital for Pakistan’s future: PM Shehbaz

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Tuesday said that Pakistan’s future hinged upon the utilization of renewable energy as these alternate resources of energy could help generate inexpensive power.

The premier was talking to a delegation of a Chinese company Zonergy Corporation headed by its President Richard J Guo, who called on him in Islamabad today.

During a meeting, the prime minister said the production of low-priced-power would also remove the burden of price hike upon the general public.

He said that a major chunk of Pakistan’s import bill was being spent upon the import of costly fuel for power generation, underlining that it was imperative to move towards the utilization of inexpensive energy which would also help in saving of precious foreign reserves.

He further informed that a pre-bidding conference on solar energy projects would be held in Islamabad on Wednesday.

On the occasion, the Zonergy Corporation delegation also presented a donation cheque for the PM Flood Relief Fund.

The meeting was also attended by Minister for Board of Investment Chaudhry Salik Hussain, Minister for Planning Ahsan Iqbal, Minister for Energy Engineer Khurram Dastagir, Minister for Law Azam Nazeer Tarrar, PM’s Special Assistants Dr Jehanzaib Khan, Zafaruddin Mahmood and Fahad Hussain.