Federal Minister for Power and Petroleum, Omar Ayub Khan has openly invited Danish companies to invest in manufacturing of Solar panels and wind turbines in Pakistan. He extended this invitation during his meeting with the Ambassador of Denmark Rolf Holmboe. Secretary Power Division Irfan Ali was also present at the meeting
The Federal Minister while acknowledging the lead role of Denmark in clean and green energy at the global level said that Pakistan too has embarked upon tapping huge indigenous potential of renewable energy He said that with lowering of electricity cost businesses are bound to take benefit hence overall economic activity will get a boost with creation of thousands of new jobs. Installation of new renewable energy projects alone are expected to bring in handsome jobs for people in Pakistan.
Danish Ambassador while appreciating the Government’s commitment to raise the share of renewable clean and green energy share to 60% including hydel component, said that the new policy is more transparent as it provides a level playing field for all. He said that Danish companies are closely following developments in Pakistan in the field of renewable energy and are ready to take part in the competitive process.