PR No. 24 Turkmenistan Ambassador to Pakistan calls on Minister for Power Islamabad: March 5, 2019

Turkmenistan Ambassador to Pakistan HE. Mr. Atadjan Movlamov called on Minister for Power Mr. Omar Ayub Khan here today. During the meeting matters relating to mutual cooperation especially in the field of energy were discussed in detail. Federal Minister for Power apprised the Ambassador that Pakistan has embarked upon investor friendly policies in all its sectors and it has resulted in record enhancement of foreign investment in Pakistan. He informed that energy sector is one of the prime investment destination since the electricity consumption pattern are fast changing alongwith broadening of economic base of the country. He further apprised the Ambassador that new renewable energy policy is in the offing which is bound to attract huge investment in the sector. The Ambassador of Turkmenistan said that investors in his country are closely following the developments in Pakistan and they are keen in investing in various flourishing sectors. He said that Turkmenistan besides TAPI, has also proposed to export electricity to Pakistan through a transmission line via Afghanistan. Since the rate of Turkmenistan proposed electricity is highly affordable, it will benefit Pakistan in many ways, the Ambassador added. The Minister for Power while thanking on proposal of electricity import transmission project, assured the Turkmen Ambassador that after thorough homework the Pakistani side will respond to the proposal. *****

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