CASA-1000 to help meet Pak energy needs: Khusro

Public-private partnership to play vital role for national development: Planning Minister

247

OUR CORRESPONDENT
ISLAMABAD
Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has underlined that greater connectivity can stimulate regional economic cooperation. He stated that CASA1000 will help Pakistan meet its energy needs adding that Pakistan attaches great priority to timely completion of the project. While talking to Ambassador of Tajikistan, Ismatullo Nasredin here on Friday, Minister apprised that CASA-1000 energy project has been referred to ECNEC with the condition that the sponsors will ensure timely finalization of agreement with the member countries for export of surplus power, if available, during non-supply period. The Minister said that the project will become financially viable if there are two way options adding that Pakistan has surplus energy in winter while Tajikistan has surplus in summer. Tajikistan ambassador also expressed interest in exploring the option of import of power from Pakistan during the winter months under CASA-1000 project. Highlighting the importance of Torkhum-Dushanbe Economic Corridor, the Minister noted that the proposed project will connect Torkhum to Dushanbe via Afghanistan. He stated that Pakistanis willing to go ahead with the initiative if there is a trilateral agreement between Pakistan, Afghanistan and Tajikistan adding that it has the potential to enhance regional connectivity and integration. Makhdum Khusro welcomed Tajikistan’s accession to Quadrilateral Traffic-in-Transit Agreement (QTTA) among China, Kazakhstan, Kyrgyzstan and Pakistan.

Comments are closed.

Subscribe to Newsletter
close-link