Business

Central Asia-South Asia power trade confce begins

A two-day Central Asia-South Asia Electricity Trade conference started here Monday to make consensus on the approach to adopt for implementing the electricity trading scheme.

Besides, Pakistan, delegates from Afghanistan, Tajikistan, Kyrgyzstan and representatives of international financial institutions including Asian Development Bank (ADB), Islamic Development Bank (IDB) and the World Bank attended the opening session.

During the conference, the investment schemes in generation and especially transmission needed to support such electricity trade between Central Asia and South Asian countries will be discussed.

The conference will also discuss the proposed investment plan and possible role of international financial institutions in structuring and financing these investments.

Addressing the opening session, Minister for Water and Power Liaquat Ali Jatoi said that Pakistan is aggressively developing indigenous power potential, especially the hydel potential which is relatively economical, he added.

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