Federal Minister for
Power Division, Sardar Awais Ahmed Khan Leghari has invited Japanese companies
and investors for investing and exploring 4 billion dollars market in the Power
Distribution system in the area of service delivery to the consumers including
the modern technological solutions.
The Minister extended the invitation to
the Japenese Investors today in a meeting with Ambassador of Japan
H.E Mr. Takshir Kurai.
Federal Minister for Power division while highlighting
the importance of service delivery within the electricity distribution network
said that since the government has been able to bridge the demand and supply
gap with its induction of multiple fuel power generation, the emphasis is fast
shifting towards providing the electricity to the end consumers with service
delivery of international standards.
He said that government is now pondering over bringing in
the private sector for better service delivery to the end consumers. He said
that since the distribution network and associated gadgets are still lacking
the modern technological advancement, and present DISCOs have no enough
investment, it is high time that the public-private partnership can take the
stage. He said that government is considering multiple option with high rate of
return on investment in this regard.
Sardar Awais Ahmed Khan Leghari appreciated the existing
level of cooperation between the two countries specially in the power sector.
He also highlighted the need of Japanese assistance in capacity building of the
human resource at different levels of the Power Sector. He directed
the Power Division to keep close liaison with Embassy of Japan in this regard.
Federal Minister also urged the need of assistance by the
Japanese side in the formulation of policy documents and future energy plan for
power sector in Pakistan.
The Minister said that Pakistan and Japan are
close friends and have commonality of views on a number of issues at
international level. He specially mentioned the Japan assistance in the
Transmission expansion in Pakistan.
The Minister also informed the Ambassador regarding the
initiatives that the present government has taken in
the power sector.
Mr. Takashi Kuri while underscoring the need of
further enhancing the existing cooperation between the two counties,
said that Japan will continue to provide assistance to Pakistan in different
fields. He said that Japan and Pakistan has undertaken many good projects in
Power Sector as weel.
The Ambassador said that Japanese companies and investors
are closely following the potential and good rate of return in the power
sector. He said that many companies are now showing interest in investing in
power sector in Pakistan. He specially mentioned the recent
cooperation between Pakistan and Japan in construction of Islamabad-Burhan
transmission line .
