DLP Report
\nPESHAWAR
\nAdvisor 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.
\nAddressing the Energy Roadshow, he stated that KP government has successfully organized energy roadshows in Karachi, Lahore, and Islamabad this month.
\nKP has immense investment opportunities in various sectors, including energy, minerals, tourism, and industry.
\nThese 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.
\nOn 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.
\nMr 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.
\nAdvisor on Finance also mentioned that the KP government plans to establish a regulatory authority similar to federal government NEPRA.
\nAdvisor to CM on Energy Tariq Sadozai highlighted the critical importance of the electricity sector for Pakistan\u2019s economic growth, while outlining its challenges.
\nHe stated, \u201cPakistan\u2019s electricity sector is vital for its economic growth but faces significant challenges such as energy shortfalls, financial instability, and inefficiencies. The country\u2019s power generation capacity is around 42,000 MW, generating 90-95 billion kWh annually.
\nHowever, 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.
\nKP is strategically positioned to lead this transition, holding over 40% of Pakistan\u2019s 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.\u201d
\nThe event featured a detailed overview of the Pakhtunkhwa Energy Development Organization (PEDO)\u2019s contributions to KP\u2019s energy landscape. PEDO has completed 172 MW of hydropower projects and is advancing another 226 MW currently under development.
\nMajor 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.
\nCollectively, these projects represent over Rs 321 billion in investment, underscoring the province\u2019s commitment to sustainable energy and economic growth.
\nThe roadshow concluded with a vibrant Q&A session, where potential investors actively engaged with government and technical experts to explore KP\u2019s business opportunities.<\/p>\n","protected":false},"excerpt":{"rendered":"
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 […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":{"0":"post-450223","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-top-news"},"yoast_head":"\n