SHARM
AL SHEIKH: Federal Minister for Water and Power Raja Pervez Ashraf has
said that 7,000 villages will be electrified using solar energy in the
next five years.
He was addressing the representatives of more
than 120countries in the second session of the preparatory commission of
International Renewable Energy Agency (IRENA), held in Sharm Al Sheikh,
says a fax message received from Cairo, Egypt.
He said that
Pakistan has also set a target to add 5% approximately 10,000 MW
electricity through renewable energies by year 2030 besides replacement
of 5% diesel with bio-diesel by year 2015 and 10% by 2025.
Pervez
Ashraf said "We need to develop global financial mechanism that
responds to the special requirements of the renewable energy sector."
He
said that if level playing field is provided to the renewable energy
sector, it will prove least expensive, environment friendly and the most
sustainable resources of energy.
He extended full support of
Pakistan to the newly perceived IRENA. He also took part in the voting
proceedings for the selections of the place for Headquarter of IRENA and
the election of its Director General.
A newly conceived, carbon
neutral and modern city of UAE, Masdar is also one of the hotly
contested places for the IRENA Headquarter.
The minister
highlighted the commitment of Pakistan in the area of renewable energy.
He said that renewable energy technologies would be an essential element
in Pakistan's energy future by making contribution to the diversity and
security of energy supply.
