PGREF to fortify Pakistan’s efforts to capitalize potential of green energy: Ali Zafar

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APP53-17 ISLAMABAD: July 17 - H.E. Martin Kobler, Ambassador of Germany called on Federal Minister for Energy Syed Ali Zafar. APP

ISLAMABAD, July 17 (APP):Minister for Energy Syed Ali Zafar Tuesday said newly established Pakistan-German Renewable Energy Forum (PGREF) would fortify Pakistan’s efforts to capitalize available potential of clean and green energy.
Signing memorandum of understanding for establishing PGREF, he said, “This forum will serve as a hub for renewable energy and energy efficiency business networking, customer outreach and business development in Pakistan and Germany, a press release said.
He said available potential in the country and global developments in the sector would definitely play a vital role in ensuring sustainable, clean affordable and much reliant resource of energy to the consumers.
He said the government in its thrust to have large share of alternative renewable energy power intends to get benefit from the experiences of the developed nations. Since, Germany is one of those developed countries that have exploited renewable power at a large scale, its experience, expertise and developments made in this sector are of particular interest for Pakistan.
The minister further expressed that he would take every possible step to avail benefit of the clean, affordable, reliable and sustainable renewable power resources of the country.
Renewable Energy is the most promising option to meet the increasing energy demand of the country without damaging economic conditions of the country and at the same time reducing carbon emissions that in turn result in managing global climate changes, he added.
Ambassador of Federal Republic of Germany to Pakistan Martin Kobler, appreciated the endeavors of the corresponding ministries and departments in turning the dream of establishing PGREF into a reality.
He said, “Though establishment of PGREF took more than three years, however, we see this as an opportunity by contributed in expanding energy mix portfolio of Pakistan by integrating larger share of renewable power and bringing in more private sector investment in this sector.”
He appreciated the efforts in bringing renewable power into the system, however, expressed that deeming the potential for renewable power in the country, particularly solar, small hydro, wind, biomass and other, the share of renewable power could have been more.
Power Division Secretary Rizwan Memon and other senior officials were also attended the ceremony.