Red tape, terror hindering investments in energy sector: CEO Engro Energy

KARACHI: Pakistan offers attractive opportunities to foreign and local investors in its power generation sector, but the menace of red-tape and terrorism hampers new investments, a top official of a leading business group said on Wednesday.

“There is need to develop a sense of urgency regarding Pakistan’s energy crisis,” said Khalid Mansoor, chief executive officer of Engro Energy, which recently inaugurated its first 217-MW power plant in Qadirpur, Sindh.

Move to make windmill turbines locally

ISLAMABAD: The ministry of industries has issued directives to the State Engineering Corporation to take initiative for local manufacturing of windmill turbines in view of the prevailing energy crisis in the country.

Federal Minister for Industries and Production Mian Manzur Watto asked the chairman of State Engineering to explore the possibility of manufacturing windmill turbines at the Pakistan Machine Tool Factory in Karachi for power generation through windmills.