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Govt striving to exploit vast potential of renewable energy resources:

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Govt striving to exploit vast potential of renewable energy resources: Pervaiz

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ISLAMABAD: Federal Minister for Information and Broadcasting Pervaiz Rashid has said the government was striving to exploit the vast potential of renewable energy to meet growing energy requirements of the country.

Speaking at a function to launch biomass energy project here he said that biomass gasification offered the most convincing alternative energy system for industries and capable of meeting a significant proportion of our energy needs. Pakistan being an agricultural country has abundant amount of biomass resources, which have never been exploited in the past, he said.

Pervaiz Rashid said it was worth appreciation that UNIDO was putting its efforts to introduce biomass gasification technology in Pakistan which can help us to cater the present energy crisis. Industrial sector was very important for economic development and played pivotal role in its economic uplift, raising the productive capacity of the people and generating economic opportunities, he added.

Due to energy crisis, industrial sector of Pakistan was going towards decline for many years, he said adding there was currently very little work being done regarding industrial development by utilization of renewable energy resources on a large scale.

"The project will not only result in new areas of economic growth and development for many regions of Pakistan that have plentiful biomass resources but also result in improved energy security by reducing dependence on non-renewable resources", he said.

He said Pakistan was now focusing on renewable sources of energy like wind power, solar, biogas and biomass which offer sustainable solution. "Having the fifth largest livestock, the country coupled with agricultural base is blessed with tremendous potential for producing biomass", he said.

Pervaiz Rashid pointed out the country was facing shortfall of five thousand megawatt electrify when the present government assumed the power. He said the government retired circular debt of about Rs 480 billion, which increased the power generation to the record 17000 megawatt.

He said steps have also been taken to remove inefficiency in the transmission system and a campaign is also continuing against those involved in gas and power theft.

The Minister said the government was also taking long term measures to ensure energy security. These measures include coal based Gaddani power project which will add 6600 megawatt of electricity to the system. Work on Neelum Jhelum hydel power project has also been expedited and this project is now expected to be completed by 2016.

He said massive theft of electrify and gas was costing the country between Rs 150 to 250 billion annually and had exacerbated the loadshedding problem.

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Govt striving to exploit vast potential of renewable energy resources: Pervaiz
 
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