Chinese investments helping Pakistan diversify its energy mix: President

Business News

President Dr Arif Alvi says Chinese investment and contributions to Pakistan’s energy infrastructure are increasing country’s ability to diversify its energy mix based on nuclear, hydel, solar and wind energy in a bid to help meet its energy needs.

The President expressed these views while talking to the General Manager of China Energy International Group Co Ltd Lyu Xiufeng at Aiwan-e-Sadr in Islamabad on Thursday.

The President stressed focusing on alternate and renewable energy sources such as solar and wind, besides using efficient and critical technologies to minimize the emission of greenhouse gases from coal and oil-based energy sources.

During the meeting, the President was briefed on Neelum Jhelum, Dasu, Suki Kinari, Azad Pattan and Mohmand hydropower projects and Karachi K2/K3, Bhikki Combined Cycle Power Project, Jhimpir Wind Power Projects and M-4 Motorway projects.

Arif Alvi said the warm relations between the leadership and people of Pakistan and China formed the bedrock of the Pakistan-China All-Weather Strategic Partnership.

The President said CPEC is a multi-dimensional project, which is helping the country in improving its road, port and communication networks, besides promoting industrialization in the country and meeting its energy and power needs.

He expressed his gratitude to the Chinese Government and the Chinese people for standing shoulder-to-shoulder with Pakistan in wake of the recent devastating floods and appreciated the initiatives taken by the China Energy International Group for contributing to the rehabilitation of flood victims in the most affected areas of the country.

Source: Radio Pakistan