Pakistan has huge potential of solar energy: minister

07:44 PM | 20 May, 2019
Pakistan has huge potential of solar energy: minister
ISLAMABAD - Minister for Federal Education and Professional Training Shafqat Mahmood on Monday said that Pakistan has a huge potential of solar energy saying that its demand will be increased in next few years.

He stated this while addressing the launching ceremony of Sector Skills Council for Renewable Energy (SSC-RE) to train and produce the skilled workforce as demanded by the industry.

The ceremony was organized here by SSC-RE in collaboration with NAVTTC and TVET SSP. Key renewable energy sector associations like Independent Power Producers Association (IPPA), Renewable Energy Association of Pakistan (REAP), Solar Quality Foundation (SQF) along with leading business industry representatives from the energy sector, diplomats, development sector representatives attended the launch event.

Speaking on the occasion, the minister said that it was the best example of a public-private partnership. We have to make sure the right training of women besides providing a safe environment, he added.

He hailed the NAVTTC Chairman for initiating and promoting technical skills in the country.

Shafqat also shared his thoughts about the importance of skills training in Pakistan and emphasized that skills development and education was the top priority of the present government.

Deputy Mission Head of European Union in Pakistan Ms Anne Marchal shared her thoughts about the significant work that has been done in Pakistan on the reform process and development of TVET sector and improvisation of the technical training institutes since 2011.

Ambassador of Norway to Pakistan Kjell-Gunnar Ericson appreciated the approach of involvement of the private sector in the TVET sector. ‘It’s the private sector who shall be on the driving seat to inform government on the skills demand and standards of training delivery.” he said.

Executive Director NAVTTC Dr Nasir Khan said that establishment of skills councils will not only help to bridge the gap between the public-private sector for the policy alignment as well as producing qualified workforce, but it will also improve economic benefits for the industry.

He further elaborated on the importance of these sector skills councils indicating that “Sector Skills Councils is a successful strategy in other developed countries like UK, New Zealand, Australia and Germany and can play a vital role in promoting TVET sector in Pakistan, equally benefitting the industry for economic benefits.”

Dr Fatima Khushnud, head of SSC-RE shared her thoughts on the role of skills council in the energy sector of Pakistan. She highlighted that the interest of the private sector in the demand-driven training, as well as demand analysis of workforce, will greatly assist in the development of skilled workforce as per the need of their own industry.

The SSC in the renewable energy sector look forward to assists the government of Pakistan in mapping the skills requirement and provide input on the need of the skilled human resource of the energy sector, she added.

Chairman NAVTTC in his concluding remarks highlighted that Sector Skills Councils are being promoted as one initiative to support the reform of technical and vocational education and training (TVET) in Pakistan.

They are intended to be a mechanism to secure the greater involvement of employers in the design and implementation of publicly-funded training and to increase the quality and scale of training.

The initiative is supported by the TVET Sector Support Programme (SSP), which is funded by the European Union and governments of Germany and Norway.

Since 2011, the TVET SSP supports the Government of Pakistan in reforming the TVET system focusing on promoting cooperation between training providers and industry to improve quality of training as well as enhance employability for the youth.

Establishment of SSCs in light engineering, agriculture, transport, leather and sports goods sectors are also under consideration by NAVTTC to promote the public-private partnership.

Associated Press of Pakistan
Associated Press of Pakistan

Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency


Rupee loses ground against US dollar, Euro, Pound and other currencies; Check forex rates here

Pakistani rupee continue to witness further losses against US dollar in the open market on despite positive economic indicators and massive surge in Stock Market.

Dollar Rate in Pakistan Today

On Tuesday, the dollar was being quoted at 285.1 for selling and 288.15 for buying purposes for customers.

Euro price moves down by Rs2 to 312 for buying and 315 for selling. British Pound rate stands at 358.5 for buying, and 362 for selling after increase.

UAE Dirham AED stands at 78 whereas the Saudi Riyal also witnessed fall and new price stands at 76.25.

Today's currency exchange rates in Pakistan - 28 November 2022

Currency Symbol Buying Selling
US Dollar ‎USD 285.1 288.15
Euro EUR 312 315
UK Pound Sterling GBP 358.5 362
U.A.E Dirham AED 78 78.75
Saudi Riyal SAR 76.25 77
Australian Dollar AUD 186 187.5
Bahrain Dinar BHD 759 767
Canadian Dollar CAD 208 210
China Yuan CNY 39.93 40.33
Danish Krone DKK 41.88 42.28
Hong Kong Dollar HKD 36.24 36.59
Indian Rupee INR 3.39 3.5
Japanese Yen JPY 1.55 1.63
Kuwaiti Dinar KWD 916.38 925.38
Malaysian Ringgit MYR 60.38 60.98
New Zealand Dollar NZD 173.44 175.44
Norwegians Krone NOK 26.25 26.55
Omani Riyal OMR 741.26 749.26
Qatari Riyal ‎QAR 77.63 78.33
Singapore Dollar SGD 210 212
Swedish Korona SEK 26.93 27.23
Swiss Franc CHF 323.37 325.87
Thai Bhat THB 8 8.04

Gold price in Pakistan moves up amid positive global cues; Check today gold price here

KARACHI – Gold continues to move upward in local market amid surge in international rates.

Gold Rates in Pakistan Today - 28 November 2023

On Tuesday, the single tola of 24 Karat gold was available at Rs217,600, and the price for 10-gram gold saw increase of Rs943 to reach Rs186,557.

Globally, yellow metal went up by $12 to settle at $2,015 per ounce.

Last week, per tola gold price increased by Rs800 per tola, and it hovers around two month high.

Today Gold Rate in Pakistan

City Gold Silver
Lahore PKR 217,600 PKR 2,600
Karachi PKR 217,600 PKR 2,600
Islamabad PKR 217,600 PKR 2,600
Peshawar PKR 217,600 PKR 2,600
Quetta PKR 217,600 PKR 2,600
Sialkot PKR 217,600 PKR 2,600
Attock PKR 217,600 PKR 2,600
Gujranwala PKR 217,600 PKR 2,600
Jehlum PKR 217,600 PKR 2,600
Multan PKR 217,600 PKR 2,600
Bahawalpur PKR 217,600 PKR 2,600
Gujrat PKR 217,600 PKR 2,600
Nawabshah PKR 217,600 PKR 2,600
Chakwal PKR 217,600 PKR 2,600
Hyderabad PKR 217,600 PKR 2,600
Nowshehra PKR 217,600 PKR 2,600
Sargodha PKR 217,600 PKR 2,600
Faisalabad PKR 217,600 PKR 2,600
Mirpur PKR 217,600 PKR 2,600


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