ISLAMABAD – Minister for Power Omar Ayub Khan says the government is takingvarious measures to provide affordable and reliable energy to consumers.
Addressing a seminar in Islamabad on Monday, he said efforts are underwayto reverse the energy mix, enhance renewable energy and improve electricitytransmission system.
The Minister said the government has set the target of reversing thecurrent energy mix of 60 percent imported fuel and 40 percent indigenousresources to 70 percent indigenous resources and 30 percent imported fuelby 2030.
He said the government plans to increase share of renewable energy to 20percent by 2025.
Omar Ayub Khan said electricity transmission system is being upgraded andthe government has set the target of transmitting 26,000 megawatts ofelectricity by next summer.
He said nuclear energy resources are also being exploited.
He said a mechanism is being developed for early redress of consumercomplaints.
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The Minister said energy sector has a vast potential of 80 billion dollarsinvestment, and multinational companies are showing interest to invest init.
He emphasized on adopting latest technology in energy sector to ensurefast-track development.
Omar Ayub Khan said the PTI government is working for wellbeing of peopleby ensuring meritocracy and transparency.
Omer Ayub said the production cost would be overcome using moderntechnology. He said there are huge opportunities of investment in solarenergy sector in the country and Saudi Arabia will invest in solar energyproject of 500 megawatt in Balochistan.
