Friday, June 19, 2009
ISLAMABAD: Austrian Ambassador, Dr Michael Stigelbauer on Thursday called on the Minister for Water and Power, Raja Pervez Ashraf and discussed various matters of mutual interest and possibilities of investment and technical co-operation in water and power sector.
The Minister briefed the current energy situation and the measures being taken to meet the future water and power requirements. He gave him details of the water and power sector projects being initiated by the present government. He said that the government had planned to change its energy mix and now focusing on hydel, coal, wind and solar generation to provide cheaper and reliable power to the consumers.
He said that the government would welcome the Austrian investment and facilitate the investors. The Ambassador said that Austrian companies already working in Pakistan in energy sector were keen to expand their business while the new ones were also interested in this sector.
In this connection, Austria will hold a conference in Vienna in July next, which will further strengthen the co-operation with Pakistan in the field of energy. He said that this moot would provide a good opportunity of exploring and discussing ways and means to further strengthen economic co-operation between Pakistan and Austria.
He extended an official invitation to the Minister in this regard on behalf of the Austrian Minister for Economy. The Minister thanked the Austrian Ambassador and said that this initiative of the Austrian business community for Pakistan will supplement the economic and bilateral relations. He said that Pakistan will participate in Vienna conference being organised for it and will get benefit the Austrian expertise in the hydropower generation.-PR
(BRecorder)
ISLAMABAD: Austrian Ambassador, Dr Michael Stigelbauer on Thursday called on the Minister for Water and Power, Raja Pervez Ashraf and discussed various matters of mutual interest and possibilities of investment and technical co-operation in water and power sector.
The Minister briefed the current energy situation and the measures being taken to meet the future water and power requirements. He gave him details of the water and power sector projects being initiated by the present government. He said that the government had planned to change its energy mix and now focusing on hydel, coal, wind and solar generation to provide cheaper and reliable power to the consumers.
He said that the government would welcome the Austrian investment and facilitate the investors. The Ambassador said that Austrian companies already working in Pakistan in energy sector were keen to expand their business while the new ones were also interested in this sector.
In this connection, Austria will hold a conference in Vienna in July next, which will further strengthen the co-operation with Pakistan in the field of energy. He said that this moot would provide a good opportunity of exploring and discussing ways and means to further strengthen economic co-operation between Pakistan and Austria.
He extended an official invitation to the Minister in this regard on behalf of the Austrian Minister for Economy. The Minister thanked the Austrian Ambassador and said that this initiative of the Austrian business community for Pakistan will supplement the economic and bilateral relations. He said that Pakistan will participate in Vienna conference being organised for it and will get benefit the Austrian expertise in the hydropower generation.-PR
(BRecorder)
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