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Austria offers technical support for hydel power

Aeon

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Austria offers technical support for hydel power
Published: November 30, 2010

ISLAMABAD - Austria has assured to invest in the hydel power, alternate energy development projects and to provide technical assistance in the forthcoming hydropower generation projects in Pakistan.

Austrian Minister for Economy Dr. Reinhold Mitterlehner assured this during a meeting with Federal Minister for Water and Power, Raja Pervez Ashraf held here on Monday in Vienna, Austria, says a press release issued here.

The official statement of the Ministry stated that the meeting also discussed various matters of mutual interest to explore ways and means to further enhance the bilateral relations between the two countries, according to a message received here from Vienna.
The Minister, who is currently on three days official tour to Austria, arrived at Vienna the other day and Vice Minister of Economy Josef Mayer and the Ambassador-designate to Pakistan Axel Wech welcomed him at the airport.

The Austrian Minister said that Austrian companies are already working in Pakistan in energy sector are keen to expand their business while the new ones are also interested in this sector. He said that Austria will also provide technical cooperation in the hydel power projects. Austria has the expertise in the manufacturing of hydel machinery, and offered Pakistan to consider it for their mega hydel power projects.

Earlier, Raja Ashraf briefed him on the current energy situation and the measures being taken to meet the future water and power requirements. He gave him details of the water and power sector projects being initiated by the present government. He said that Pakistan has planned to change it energy mix and now focusing on hydel, coal, wind and solar generation to provide cheaper and reliable power the consumers.

He said that Pakistan will welcome the Austrian investment, technical cooperation and joint venture projects. As Austria has expertise in the manufacturing of hydel power generation equipments, Pakistan will facilitate the investors and manufacturers of hydel power plant producers, particularly for Terbela-4th Extension hydel power project.
 
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