News Column

PM to unveil energy policy soon

June 22, 2014

Prime Minister (PM) Mian Nawaz Sharif will announce energy policy within a week.

Pakistan needs such a national energy policy which is free from the influence of institutions like World Bank as well as mistakes of the past. It should be evolved keeping in view the broad national interests. Lack of potential has not led to brew energy crisis in the country but certain institutionalized causes including circular debt, bad governance and corruption has drifted the country into this crisis.

As per media reports revival of energy sector, its nationalization, harmonization and cohesion of the power distribution companies and investment in hydal, coal based energy and nuclear energy will be the main features of the prospective energy policy to be unveiled by the PM.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Daily Messenger (Pakistan)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters