ISLAMABAD, Pakistan: Prime Minister Shahid Khaqan Abbasi on Tuesday said the government of Pakistan had embarked upon a major program of capacity expansion in order to meet growing energy requirements.
In a meeting with the Chairman of Ansaldo Energia Giuseppe Zampini, a leading international player in power generation industry with operations spread around the world, in Islamabad, the prime minister said smaller projects near grid stations were being conceived in order to overcome transmission challenges.
The prime minister said the government was also actively considering replacement of low-efficiency furnace oil based plants with high efficiency plants based on cheaper fuels.
That opened up new avenues for Companies like Ansaldo Energia to participate in the new projects under prevalent legal regime, the prime minister said.
The Chairman of Ansaldo Energia expressed keen interest in expanding his Company’s operations in Pakistan in oil and gas, and water resource management sectors.
Giuseppe Zampini informed the prime minister that the Company was actively considering Pakistan as a priority market for establishment of small power projects, especially based on low B.T.U. gas. He said the Company had long history of commercial presence in Pakistan, and opportunities offered by Pakistan’s energy sector were immense.
The Chairman evinced his interest in the areas of partnership indicated by the prime minister, and informed that his Company would deepen its interactions and consultations with interested partners.
