Monday 29 June 2015

Pibc Chairman For Importing Electricity From India

Chairman Pak-India Business Council (PIBC), Noor Muhammad Kasuri here Sunday said electricity, gas and petroleum products import from India was the best option for resolving energy crisis in Pakistan.

Elaborating, he said, Indian electricity transmission network was situated at a very short distance with Pakistan. “It is much easier for both the countries to connect electricity lines of each other as compared to any other country and same is the case for import of oil and gas,” he said talking to APP. He also stressed the need for boosting trade ties between India and Pakistan on the basis of mutual interest.

Kasuri said India produced more than 200,000MW electricity and has made power trade agreements with its neighboring countries like Sri Lanka, Nepal, Bhutan, Bangladesh. He said the same method could be adopted for making a deal between India and Pakistan. The Indian private and public sector companies ere ready to export electricity to Pakistan, he added. Kasuri said the option of LNG and petroleum products import from India must also be weighed as per merit.

Source:dailytimes.com.pk



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