ADVERTISEMENT
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
Wednesday, May 13, 2026
-18 °c
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
No Result
View All Result
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology
No Result
View All Result
No Result
View All Result
Home Business

Asian Development Bank to support Pakistan’s solar transition, power sector reforms

Asian Development Bank to support Pakistan’s solar transition, power sector reforms

admin by admin
April 7, 2026
in Business
0
Asian Development Bank to support Pakistan’s solar transition, power sector reforms
0
SHARES
29
VIEWS
Share on FacebookShare on Twitter

ISLAMABAD: The Asian Development Bank (ADB) is expected to provide financial and technical support for the transition of solar power to battery energy storage systems, as well as for integrated planning, digitisation, and data governance in Pakistan’s power sector.

This was indicated on Tuesday during a meeting of the ADB delegation with the Power Division, ahead of an upcoming visit by the ADB’s vice president to Pakistan later this month.

“ADB is conducting studies on the impact of rooftop solar and battery energy storage systems (BESS) in the power sector,” said Emma Xiaoqin Fan, the country director of the Manila-based lending agency, according to the Power Division, following the meeting between Power Minister Awais Leghari and Fan.

The meeting discussed ongoing reforms and future cooperation in the power sector, the Power Division said.

The minister said that Pakistan’s power sector had recently shown strong resilience despite global energy challenges, attributing this stability to greater use of indigenous resources, including local coal, hydel, and solar energy.

He added that the government was focused on increasing the share of indigenous fuels for power generation to keep electricity prices affordable.

Fan acknowledged the government’s proactive measures and noted that these efforts in the power sector have significantly improved the overall resilience of the national economy.

She said ADB is interested in delving deeper into the requirements of the energy sector and supporting new initiatives such as digitisation, integrated planning, data governance, privatisation, and institutional governance in Pakistan.

The country director added that ADB is already providing technical assistance for AMI meters and is conducting studies on the impact of rooftop solar and battery energy storage systems (BESS) in the power sector.

She also highlighted capacity-building programmes, including specialised training opportunities in Korea for power sector professionals to build skills and support reforms.

The minister stressed that the selection process for such programs should be fair and transparent, noting that professionals equipped with modern skills will help drive institutional improvements.

Leghari highlighted the importance of the National Grid Company (NGC) and sought necessary support for its restructuring. He said the government has engaged the Pakistan Business Council (PBC) to encourage investment in the transmission sector, adding that the focus will shift more towards transmission after privatisation.

Fan said that the vice president of the bank is expected to visit Pakistan later this month.

Both sides agreed to continue close cooperation for a modern, efficient and sustainable power sector in Pakistan.

Previous Post

Pakistan condemns storming of Al Aqsa Mosque by Israeli occupation forces

Next Post

Australian cricket great and Karachi Kings captain David Warner charged with drink-driving in Sydney: reports

admin

admin

Next Post
Australian cricket great and Karachi Kings captain David Warner charged with drink-driving in Sydney: reports

Australian cricket great and Karachi Kings captain David Warner charged with drink-driving in Sydney: reports

Stay Connected test

  • 137 Follower
  • 207k Subscriber
  • 23.9k Follower
  • 99 Subscriber
  • Trending
  • Comments
  • Latest
Nasa spacecraft ‘safe’ after closest-ever approach to Sun

Nasa spacecraft ‘safe’ after closest-ever approach to Sun

December 29, 2024
US, India launch powerful Earth-monitoring satellite

US, India launch powerful Earth-monitoring satellite

July 31, 2025
China slams ‘groundless’ claims of cyberattack on US Treasury

China slams ‘groundless’ claims of cyberattack on US Treasury

December 31, 2024
Why is there no life on Mars? Rover finds a clue

Why is there no life on Mars? Rover finds a clue

July 3, 2025

Hello world!

1
Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

0
Stock Markets Experience Volatility Amidst Global Economic Uncertainty

Stock Markets Experience Volatility Amidst Global Economic Uncertainty

0
How Much Time On Social Networks Is Considered Healthy

How Much Time On Social Networks Is Considered Healthy

0
Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

May 12, 2026
SC directs IHC to decide Imaan, Hadi’s pleas against sentence within two weeks

SC directs IHC to decide Imaan, Hadi’s pleas against sentence within two weeks

May 12, 2026
FO terms report claiming Pakistan allowed Iranian military aircraft to park at airbase as ‘misleading and sensationalised’

FO terms report claiming Pakistan allowed Iranian military aircraft to park at airbase as ‘misleading and sensationalised’

May 12, 2026
New Israeli law sets military tribunal for Hamas fighters linked to October 7 attack

New Israeli law sets military tribunal for Hamas fighters linked to October 7 attack

May 12, 2026

Recent News

Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

Blast in KP’s Lakki Marwat claims lives of 7 people, including 2 cops

May 12, 2026
0
SC directs IHC to decide Imaan, Hadi’s pleas against sentence within two weeks

SC directs IHC to decide Imaan, Hadi’s pleas against sentence within two weeks

May 12, 2026
0
FO terms report claiming Pakistan allowed Iranian military aircraft to park at airbase as ‘misleading and sensationalised’

FO terms report claiming Pakistan allowed Iranian military aircraft to park at airbase as ‘misleading and sensationalised’

May 12, 2026
0
New Israeli law sets military tribunal for Hamas fighters linked to October 7 attack

New Israeli law sets military tribunal for Hamas fighters linked to October 7 attack

May 12, 2026
0

© 2023,24 Reserved by Weeklyyoung.pk, Theme Designer Siddique Meo, Mob#03334456813

  • Setup menu at Appearance » Menus and assign menu to Footer Navigation

Follow Us

No Result
View All Result
  • Home
  • National
  • international
  • Business
  • Sports
  • Court and Crime
  • Showbiz
  • Health
  • Education
  • Science-technology

© 2023,24 Reserved by Weeklyyoung.pk, Theme Designer Siddique Meo, Mob#03334456813

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In