PCJCCI urges government to initiate low-cost energy generation projects in collaboration with China to reduce cost of doing business in country
Lahore, May 23, 2019 (PPI-OT): Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) has urged the government to initiate low-cost energy generation projects in collaboration with China to reduce cost of doing business in the country. It was stated by Mr. Shah Faisal Afridi, President PCJCCI, while speaking at the weekly review meeting of his chamber. Mr. Ahmad Hasnain, Senior Vice President, Mr. Salahuddin Hanif, Secretary General and a number of the executive committee members of PCJCCI were present on this occasion.
Mr. Afridi, referring to his recent meeting with representatives of Tianying Company Shanghai, told that low-priced energy was produced in China through incineration of waste materials. The company representatives had given a detailed presentation on how the Chinese waste-to-energy incineration model could prove to be a solution for energy crisis and environment pollution in Pakistan, he added.
President PCJCCI informed that Chinese company ‘Tianying’ was willing to invest in Municipal Solid Waste (MSW) incineration for power generation. The company is looking for suitable project agents to start the investment in Pakistan, he said adding that more Chinese companies of this sector can be attracted towards Pakistan, in case the government include the low cost energy generation task in its priority agenda. He urged the government to adopt waste-to-energy incineration model in Pakistan in partnership with Chinese expert companies.
Mr. Ahmed Hasnain, Senior Vice President PCJCCI said that energy crisis is one of the main problems of our country and we should take measures to cope with this misery. In renewable energy resources, biogas can be used to fulfill the deficit, he said explicated that the shortfall of fuel and electricity in Pakistan is an indication for us to decrease our dependence on conventional fuel resources and find the new sustainable resources such as renewable energy means.
Pakistan has a huge potential for renewable energy resources such as wind, solar and biomass, which would also save our foreign reserves to be consumed on the high-cost energy, he said and observed that through these resources, we will be able not only to meet energy demand in low cost, but also minimize environmental contamination.
Speaking on this occasion, Mr. Muhammad Salahuddin Hanif, General Secretary PCJCCI said that in China waste-to-energy incineration was playing a vital role in waste management and energy production. He informed that in Pakistan about 3,000 MW electricity can be generated using agricultural residue and municipal solid waste. He said that Pakistan generates about 15 million tons of crops residue annually, which can be used as feedstock to generate 120- MW electricity.
Another important waste that can be converted into energy is municipal non- hazardous solid waste that is about some 60,000 tons on a daily basis in urban areas only and is increasing at the rate of 2.5 percent annually. He suggested that Pakistan should attain Chinese assistance and investment for bringing advanced waste-to-energy conversion technologies in Pakistan.
For more information, contact:
Pakistan China Joint Chamber of Commerce and Industry (PCJCCI)
Mega Tower, 309 – 6th Floor,
Main Boulevard, Gulberg II,
Lahore, Punjab – Pakistan
Tel: +92-42-35777460-02, +92-42-37032203, +92-42-35874353
Category: General Business News