During the fifth round of the Pak-US Energy Working Group session in Washington DC on 12-13 November, Pakistan’s Power Sectordelegation led by the Minister for Water and Power Khawaja Muhammad Asif, washosted Wednesday by the US-Pakistan Business Council at the US Chamber of Commerce for a business roundtable.
Federal Minister for Water and Power, Khawaja Muhammad Asif briefed the participants about the broad contours of the power policy of Pakistan and highlighted the recent initiatives taken by the Government of Pakistan to manage and overcome the acute energy shortages.
The Council invited senior executives from several US companies and associations including the American Wind Energy Association, Solar Energy Industries Association and Geothermal Energy Association for discussion with the Pakistani side.
In his remarks, Khawaja Asif encouraged the participants to invest in the energy sector in Pakistan, which presented a favourable environment with immense potential of growth and immediate dividends.
The minister also shared with the participants about the constructive discussions held in the Energy Working Group meetings with the US government and the interest shown by the US Government to collaborate with Pakistan in providing technical and financial assistance in revamping and reviving the energy sector.
The participants of the Pakistan Business Council evinced a keen interest in working with the Government of Pakistan to further explore avenues of investment in the energy projects.