ISLAMABAD: Federal Minister for Power and Petroleum Omar Ayub Khan on Monday said the government was offering investment opportunities worth $80 billion in the sub-sectors of generation, transmission and distribution.
The minister disclosed this during a meeting with a delegation of the Global Power Synergy Thailand that called on him here.
The minister apprised the delegation about the developments in the power sector and asked them to invest in the generation, transmission and distribution sectors.
He said that the new renewable energy policy would open new avenues in the power sector.
Khan said a competitive bidding regime would ensure maximum transparency in all transactions and provide relief to the electricity consumers.
Honorable Omer Ayub Khan the Federal Minister Power, Petroleum for investment opportunities in the sub-sectors of Generation, Transmission & Distribution is an excellent Initiative to companies as the GSPC Thailand for the mouth watering New Renewable Energy Policy in the Power Sector.
Suggest NEPRA recommend consideration licence as KE (Karachi Electric Utility) status be reviewed for competitive approach by the regulator NEPRA (Government of Pakistan) consider a new licensing for Karachi be reviewed by the Honorable Competition Commission Pakistan, to consider competition new licenses and competitive tariffs under NEPRA.