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Saturday April 13, 2024

US, Pakistan discuss energy collaboration

Blome expressed interest from US-based companies and the Development Finance Corporation

By Our Correspondent
March 23, 2024
Minister for Power Sardar Awais Ahmad Khan Leghari, presenting a shield to the US Ambassador Donald Blome on March 22, 2024. — APP
Minister for Power Sardar Awais Ahmad Khan Leghari, presenting a shield to the US Ambassador Donald Blome on March 22, 2024. — APP

ISLAMABAD: US Ambassador Donald Blome engaged in fruitful discussions with a delegation from Pakistan’s Power Division, led by Federal Minister for Power Sardar Awais Ahmad Khan Leghari, at the Minister’s office here on Friday.

During the meeting, Pakistan reiterated its commitment to clean energy and sought US assistance in unlocking the Green Climate Fund to prepare for imminent environmental challenges.

Moreover, Blome expressed interest from US-based companies and the Development Finance Corporation (DFC) in investing in renewable energy projects, aligning with Pakistan’s ambition to double the share of renewables in its energy mix within the next 8-10 years, as outlined in Sustainable Development Goal 7.

In addition, the US Ambassador highlighted the importance of the upcoming Economic Dialogue in the US and requested a strong presence from the Pakistan side.Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, outlined the key parameters of Pakistan’s forthcoming “Fan Replacement Program,” aimed at conserving energy. The Minister extended an invitation for USAID support in implementing Pakistan’s conservation initiatives.