During the call on meeting with Ambassador of France to Pakistan, H.E. Dr. Marc Barety, Federal Minister for Power, Mr. Omar Ayub Khan said that Pakistan has emerged as great energy market and tremendous opportunities are available for the investors to invest in this sector. He also shared the plans of the present government to reform the energy sector on modern parameters especially the transmission and distribution sectors. The Minister apprised the ambassador that Pakistan is endowed with rich energy resources including a vast potential of solar energy, and a long wind corridor which offers inexhaustible supply of renewable power. He also informed him that under the visionary leadership of Prime Minister, Imran Khan, the present government has constituted task force comprising of energy experts to overhaul this power sector. All the bottlenecks hindering investment in the energy sectors would be removed and complete inventory of all available projects would be displayed on website of Private Power Infrastructure Board(PPIB).To minimize line losses and streamline the distribution system, the government will immediately invest approximately 900 million dollars in this sector, he affirmed. Highlighting the strong ties between France and Pakistan, Federal Minister, Omar Ayub Khan said that both countries shared cordial relations and emphasized the need to extend these ties from trade and economic domain to cooperation in the field of Energy. He said that Pakistan highly valued its multi-faceted relations with France. The minister said that Pakistan was keen to forge closer relations with France in areas of mutual benefit. . The Ambassador of France appreciated the plan of present government to harness available clean, green and renewable energy potential and informed several French companies are interested to invest power sector. He said that France would look into all possibilities of cooperating with Pakistan in the field of renewable Energy. ***** ?
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