US entrepreneurs to take advantage of investment opportunities in Pakistan's energy sector

ISLAMABAD - Minister for Power, Sardar Awais Ahmad Leghari has urged US entrepreneurs to take advantage of the attractive investment opportunities in Pakistan's energy sector.

He was talking to US Ambassador David Hale in Islamabad on Wednesday.

The minister said that Pakistan’s renewable energy sector is fast expanding and with the introduction of a competitive regime the sector will offer the best opportunity for the investors.

He said that since the US companies have greater experience in renewable energy, close cooperation will also boost the capacity of the energy sector in Pakistan.

Awais Leghari thanked the United States for its support in the improvement of Power Distribution and Transmission system in Pakistan.

He specially mentioned the USAID communication system for National Power Control Center which has helped the power sector in many ways especially in scientifically assessing the demand and supply situations.

The US ambassador assured the minister that the existing cooperation in the energy sector between the two countries will continue.

He said that the US is also working closely to provide further assistance to the Pakistan in the renewable energy. He said that private sector in the US is closely and keenly watching the fast expanding opportunities in the energy sector of Pakistan.

He said that an expert level delegation headed by Additional Secretary Power Division will be participating in Power Generation Conference in Las Vegas during this month.