Pakistan celebrates CPEC’s success in tackling power shortages
Federal Minister for Power, Sardar Awais Leghari, commended Pakistan's partnership with China through the Belt and Road Initiative (BRI) for transforming the country's energy sector. Speaking at the Third Belt and Road Energy Ministerial Conference in Qingdao, China, Leghari credited the China-Pakistan Economic Corridor (CPEC) for overcoming the country’s electricity shortages and laying a strong foundation for sustainable energy development.
P.c. China Pakistan Economic Corridor
Leghari highlighted that CPEC has played a pivotal role in resolving Pakistan’s energy crisis and is now spearheading efforts to move toward a greener future. He emphasized the importance of renewable energy and global cooperation, commending the Belt and Road Green Energy Cooperation Action Plan for 2024-2029. Furthermore, he expressed full support for the establishment of the Belt and Road Energy Partnership’s (BREP) secretariat in Beijing, which will further strengthen global energy collaboration.
During his address, Leghari reflected on key energy milestones achieved through CPEC, including the addition of 8,000 megawatts to Pakistan’s grid. The second phase of CPEC, which started last year, focuses on expanding renewable energy cooperation and modernizing Pakistan’s energy infrastructure. Pakistan is committed to generating 60% of its energy from renewable sources, aligning with its 5Es national development framework—focusing on Energy, E-Pakistan, Equity, Exports, and Environment.
Leghari also welcomed foreign investment opportunities in Pakistan's energy sector, highlighting projects like the electric vehicle assembly plant being established by BYD in partnership with Hub Power Company. He concluded by stressing the need for mutual trust and international cooperation to achieve a secure, sustainable energy future.