Renewable energy needs of hour to cope with ever increasing gap of supply and demand.

LAHORE -- Energy is crucial for socio-economic development,new dams and fully exploitation of renewable energy is need of the hour to cope with ever increasing energy gap between supply and demand. It was consensus reached at the end of round table conference on ' Energy Needs of Pakistan' held here Thursday urder the aegis of Model Steel group of companies. Chairing the conference Abdul Basit former President Lahore Chamber of Commerce and Industry and convener Kala Bagh Dam committee,stressed the urgent need for fully utilisation of renewable energy resources and construction of new dams including Kala Bagh dam for storage of water for both irrigation and power purpose. He said hydropower is a major cheapest source of renewable energy in Pakistan with great potential and worth billions of rupees flood water can also be stored for multiple purposes.He said Pakistan has now become world's top 10 water-scarce nations.He said ' Because of climate change and other developments,we suffer from...