ISLAMABAD: Two-day regional conference on power import from the Central Asia has kicked off here today, while Pakistan said that investments amounting to $30 billion would be made on energy generation projects in the next seven years.The energy ministers of Pakistan, Afghanistan, Tajikistan and Kyrgyzstan are attending the Central Asia-South Asia Inter-Government Council’s energy ministers’ conference that commenced here today.Federal Minister for water and power, Raja Pervaiz Ashraf in his inaugural address said that the existing government was giving priority to the import of electricity at regional level in tandem with the promotion of projects relating to power generation. He said that the import of electricity from Central Asia would spur prosperity in the region. Later on, talking to the media, Raja Pervaiz Ashraf said that 16000MW of additional electricity would get into the system by 2015. He said that $10 billion in public sector, while $20 billion in private sector would be invested for power generation. He said that the load shedding was shortening and the situation by next month would further get better, while by the end of next year load shedding in the country would end. He said that the time advanced by one hour would be reversed on September 1.
To a question regarding Bhasha Dam, Raja Pervaiz Ashraf said that the World Bank has not refused funding for Bhasha Dam.
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