Home » Breaking News, Pakistan News » New national energy policy finalized by PM Nawaz

New national energy policy finalized by PM Nawaz

PM Nawaz

Pakistan, Islamabad News : Prime Minister Nawaz Sharif Friday said that the new energy policy would turn out to be “panacea of Pakistan’s energy ills.”

“People and economy have suffered badly at the hands of crippling power crisis. It is high time that prudent and consistent policies were pursued to come out of this morass,” said the prime minister while chairing a high level meeting to give final touches to the new power policy here at the Prime Minister’s Office in Islamabad.

The meeting not only discussed the broad contours of the new energy policy, which is expected to be revealed shortly by PM Sharif, but also analysed the minute details threadbare.

The finalised national energy policy is set to increase electricity generation to 26,800MW, reduce average electricity rates by more than 30 per cent, achieve zero loadshedding, encourage huge public and private investment and import electricity from India, Iran and Central Asian states in three years.

Those who attended the meeting include Minister for Finance Ishaq Dar, Minister for Information and Broadcasting Pervez Rashid, Minister for Petroleum Shahid Khaqan Abbasi, Minister for Water and Power Khawaja Muhammad Asif, Punjab Chief Minister Shahbaz Sharif, Special Advisor to PM Dr Musaddiq Malik, Shaukat Fayaz A. Tarin and other stakeholders from private and public sectors. APP

Like this story?

More News on EPakistanNews.com

Pakistan News update 24 hours, latest breaking news updates in Pakistan, Pak news, Pakistan Urdu columns, latest news pakistan, political news updates, E Pakistan Newspaper, Karachi News, Karachi Updates, Lahore news, Islamabad news, Multan news and more breaking news, E Pakistan News brings Latest Pakistan News, headline news, pk politics, News online, sports, politics news from Pakistan.

Home - Disclaimer - Follow us on Twitter - Like us on Facebook

Copyright © 2010-2015, E Pakistan News, All rights are reserved.
This material may not be published, broadcast, rewritten or redistributed without permission are strongly prohibited.
if you need any further assistance please contact us via email epn@epakistannews.com