The Federal Minister for Energy, Omar Ayub Khan, chaired a meeting with the Danish technical energy team along with Lis Rosenholm, Ambassador of Denmark to Pakistan at the power division. Special Assistant to Prime Minister (SAPM) on Power Tabish Gauhar, and Secretary Power Division, Zafar Ali Bhutta also joined the meeting.
During the meeting, both sides deliberated upon the findings and recommendations by the Danish energy team on government to government (G2G) collaboration between Denmark and Pakistan in the energy sector in view of the newly approved alternative energy policy.
The technical team presented the report on technical support to Pakistan regarding renewable energy and energy efficiency sectors and underscored the need of strategic energy cooperation between the two countries.
The Minister said that Pakistan’s new renewable energy policy would bring opportunities for investors due to the transparent policies of the current government. He stated that the government had set ambitious targets to introduce 25 percent renewable energy by 2025, and 30 percent by the end of 2030 including 45 percent share of hydel power generation and 10 percent of nuclear energy into the energy mix of the country.
The Minister also outlined the importance of joining hands for projects like manufacturing of wind turbines and solar panels, reducing energy wastage, and enhancing transmission capacity of system.
He formed a joint technical working group to develop TORs for GtG agreements focusing on energy audit and demand forecast in the country.
The Danish Ambassador while appreciating the government’s commitment to refurbish the energy sector, said that the new policy is more transparent as it provides a level playing field for all.
She stated that the GtG agreement would be on based equal partnership and its prime focus is to set up a joint energy group for exchange of experience at both policy and operational level for both countries to establish long-term strategic collaboration in the energy sector.