70-80 per cent electricity to be generated through local resources by 2030: Omar Ayub.

ISLAMABAD -- Minister for Power Division Omar Ayub Khan on Friday said that the government had fixed a target to generate 70-80 per cent electricity from local resources by 2030 in order to save precious foreign reserves besides reducing burden of current account deficit.

Addressing at joint press conference along with Ministers Makhdoom Khusro Bakhtiar, Sheikh Rashid Ahmed, Special Assistant to the Prime Minister on Information and Broadcasting Dr Firdous Ashaq Awan and Special Assistant to PM on Petroleum Nadeem Babar, he said Pakistan had huge potential to generate electricity from solar, wind and hydel. Joint Market Strategy was being carried out with assistance of China to set up energy generating projects in various parts of the country, he added.

The minister said share of Renewable Energy (RE) in the total energy...