Govt launches effective strategy to overcome energy crisis

The government has launched an effective strategy to overcome energy crisis in the country. Under Special Investment Facilitation Council, hydel power, solar energy and wind energy are being prioritized for energy generation instead of coal and furnace oil. A one hundred and fifty megawatt solar power plant has been installed in Sukkur while one megawatt solar power plant has been established in Hunza under Public Private Partnership. With the support of the SIFC, an agreement has also been signed for the establishment of a new oil refinery with an investment of over ten billion dollars in the country. Exploration of oil and gas reserves in coastal and marine areas of the country is also underway through petroleum sector projects. An investment of five to six billion dollars is expected in the petroleum sector. Source: Radio Pakistan