MoIP holds disseminating workshop on NEV Policy 2025-2030

PESHAWAR, Jun 24 (APP): Federal Ministry of Industries and Production (MoIP) here on Tuesday organized a dissemination workshop of Pakistan’s New Energy Vehicle (NEV) Policy 2025-30 to inform stakeholders about its aim and components.
The workshop was attended by Federal Secretary MoIP, Saif Anjum, Special Assistant to KP Chief Minister on Industries, Abdul Karim Tordher, Additional Chief Secretary Khyber Pakhtunkhwa, Ikramullah Khan, Provincial Secretary Transport, Chief Executive Pesco and representatives of KPEZDMC, TransPeshawar, Excise, Revenue, Planning, Board of Investment and business community.
Addressing the event, the federal secretary informed that the Ministry was working on the policy since 2024 under the directives of Prime Minister, Shehbaz Sharif. He told that policy was in final stages and would be presented to Prime Minister and federal cabinet after incorporating suggestions of stakeholders.
He told that provinces would be taken on board as suggestions forwarded by all the four provinces are vital to achieve the objectives of energy policy. He said that 1.5 billion dollars would be received by International Monetary Fund while IFC would provide 1.8 million dollars for assistance.
He told that under new energy vehicle policy, 30 percent of vehicles would be converted to electric power by 2030 and about 3000 charging stations would be developed across the country in the same period to charge electric vehicles.
Federal secretary said that it would reduce import bill, ensue clean environment and reduce pollution. He also highlighted subsidies that would be provided to industrialists to venture into manufacturing of energy vehicles.
CM’s aide stressed on establishment of eco-friendly environment and assured support of government to implement policies that would reduce pollution and benefit people of the province. He also underscored the need to take steps to produce lithium batteries that would be used in electric vehicles.
Former provincial minister, Adnan Jalil suggested steps to ensure continuation of policies, and support to militancy affected industrial sector of KP.
Stakeholders also forwarded concerns relating to pollution created by lithium batteries, protection of investors’ concerns, utilization of export development fund to facilitate industrialists, energy connections of charging stations of electricity vehicles, subsidy on electricity for charging stations and removing hurdles to get licenses of charging stations.