ISLAMABAD: Careta-k-er Prime Minister An--w-a-arul Haq Kakar on Thu-rsday urged the Al-Jomaih Group of Saudi Arabia to invest in the alternative energy sector of Pakistan.

       Mr Kakar, in a meeting with a four-member delegation, led by the Al-Jomaih Group head Sheikh Abdulaziz Hamm-ad, said Pakistan and Saudi Arabia had brotherly ties which were getting further stronger. Al-Jomaih earlier made a huge investment in K-Electric.

       The prime minister said that Pakistan greatly valued the Saudi investment and welcomed its investment in the energy sector. He also lauded K-Electric’s strategy to invest in the alternative energy sector as it would help reduce the power tariff and thus benefit consumers.

       The prime minister also expressed the hope that K-Electric would improve its infrastructure to ensure uninterrupted power supply to domestic and industrial consumers.

       The Al-Jomaih Group thanked the prime minister and the government team for resolving longstanding issues faced by the company.

       Apprising the prime minister of the company’s 1,500-megawatt projects, the delegation said the projects would feature the usage of local resources and alternative energy.

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       Federal Finance Minis-ter Dr Shamshad Akhtar, Minister for Energy Muham-mad Ali and senior officers attended the meeting.

       Published in Dawn, January 26th, 2024