China keen to enhance energy cooperation under CPEC: envoy

ISLAMABAD: Chinese Ambassador to Pakistan Nong Rong has said that his country was keen to enhance its engagement with Pakistan, particularly in the field of energy, and thanked the government of Pakistan as well as the Ministry of Energy for expediting work on power projects under CPEC.

He said during a meeting with Energy Minister Omar Ayub Khan on Monday. CPEC Authority Chairman Gen (r) Asim Saleem Bajwa, Special Assistant to Prime Minister (SAPM) on Power Tabish Gouhar and Power Secretary Ali Raza Bhutta were also present on the occasion.

Speaking on the occasion, the power minister said the government will ensure early provision of electricity to the Special Economic Zones (SEZs) being set up under the China-Pakistan Economic Corridor (CPEC).

He apprised the envoy of initiatives taken by the present government to curb distribution and transmission losses in the power sector, adding that the government’s was striving hard to lower the cost of power generation by increasing the share of renewable energy.

“Sustainable and affordable structure of energy tariffs will be beneficial for positive economic trajectory of the country,” he opined.

Both sides reviewed the progress of power projects under CPEC and agreed to continue the cooperation in the field of energy.

Must Read

Facebook, Nvidia ask US Supreme Court to spare them from securities...

The U.S. Supreme Court is set to consider bids by two tech giants Meta's  Facebook and Nvidia to fend off federal securities fraud lawsuits in separate cases...