DLP Report
PESHAWAR
Advisor to Chief Minister Khyber Pakhtunkhwa for Finance and Inter-Provincial Coordination Muzammil Aslam has said the government needs investors for future mega-projects, adding that investment potential of the province was being showcased across country through energy roadshows.
Addressing the Energy Roadshow, he stated that KP government has successfully organized energy roadshows in Karachi, Lahore, and Islamabad this month.
KP has immense investment opportunities in various sectors, including energy, minerals, tourism, and industry.
These views were expressed by Advisor to KP Chief Minister on Finance and Inter-Provincial Coordination Muzzammil Aslam in the successful investor Energy road show with the support of the SEED (Sustainable Energy and Economic Development) program of the KP government.
On this occasion, Advisor to Chief Minister KP on Energy Tariq Saduzai, Special Assistant to Chief Minister on Industries Abdul Karim Tordher, Secretary Energy Nisar Ahmed, Vice Chairman of Board of Investment and Trade (BOIT) and various businessmen and companies participated.
Mr Aslam mentioned that KP has vast investment potential in energy, minerals, tourism, and industry, and the government aims to establish KP as a hub for economic growth through investment-friendly policies.
Advisor on Finance also mentioned that the KP government plans to establish a regulatory authority similar to federal government NEPRA.
Advisor to CM on Energy Tariq Sadozai highlighted the critical importance of the electricity sector for Pakistan’s economic growth, while outlining its challenges.
He stated, “Pakistan’s electricity sector is vital for its economic growth but faces significant challenges such as energy shortfalls, financial instability, and inefficiencies. The country’s power generation capacity is around 42,000 MW, generating 90-95 billion kWh annually.
However, reliance on imported fuels, contributing 45-50% of electricity, places immense pressure on foreign exchange reserves and exposes the economy to volatile global fuel prices. Renewable energy offers a viable solution to address these challenges.
KP is strategically positioned to lead this transition, holding over 40% of Pakistan’s hydropower potential, estimated at 60,000 MW. Through innovative projects and focused initiatives, KP is making strides in hydropower, solar, and wind energy development to ensure sustainable energy solutions for the country.”
The event featured a detailed overview of the Pakhtunkhwa Energy Development Organization (PEDO)’s contributions to KP’s energy landscape. PEDO has completed 172 MW of hydropower projects and is advancing another 226 MW currently under development.
Major initiatives include the 300 MW Balakot Hydropower Project (supported by the Asian Development Bank), the 88 MW Gabral Kalam, and the 215 MW Madyan projects, both funded by the World Bank.
Collectively, these projects represent over Rs 321 billion in investment, underscoring the province’s commitment to sustainable energy and economic growth.
The roadshow concluded with a vibrant Q&A session, where potential investors actively engaged with government and technical experts to explore KP’s business opportunities.
