Pakistan and Denmark have decided to work together and enhance cooperation in the field of renewable energy.
In this regard the two governments have formed a joint technical working group to frame terms of reference (ToRs) for government-to-government agreements in the field of energy. This decision was taken during a virtual meeting between Federal Minister for Energy Omar Ayub Khan with Danish ambassador to Pakistan Lis Rosenholm and members of technical energy team.
During the meeting the minister acknowledged the lead role of Denmark in clean and green energy at the global level and said that Pakistan also envisions to, embark upon tapping the vast potential of renewable energy in the country.
While briefing the Danish ambassador Omer Ayub said that the government had set an ambitious target to introduce 25 percent renewable energy by 2025, and 30 percent by end of 2030 including 45 percent share of hydel power generation and 10 percent of nuclear energy into energy mix of the country.
Appreciating Pakistan’s commitment to refurbishing the energy sector, the Danish ambassador said that the new renewable energy policy was more transparent as it provided a level playing field. She said G2G agreements would be based on equal partnership with prime focus on setting up a joint energy group for sharing experiences at both policy and operational levels, so that the two countries could establish long-term strategic partnership in the energy sector.