Slovenia shows interest for investment in power sector

  • November 26, 2010
An 8-member high powered business delegation of Slovenia comprising Mr.Wagra, Executive Director Business Development European Operation, Greesham’s Eastern Pvt, Vladimir Keran, CEO Turblolstitut and other prominent businessmen visited Islamabad Chamber of Commerce & Industry. Mr.Ziigham Adil Rizvi, Director Project Tawairqui Steel Mills Ltd Pakistan headed the delegation.

The delegation was representing areas of power generation, engineering, biomass, textile and education. The delegation was interested in the delivery of small and medium water turbines and hydel turbines. The manufactures of biomass and municipal waste combustion system also showed interest for joining hands with the businessmen interested in these areas to meet the energy needs of Pakistan.

The delegation gave a detailed presentation on the potential business with Slovenia, which a 2 million population country. On hydro projects a detailed presentation was given for joint ventures and investments in Pakistan. The delegation also showed interest for the supply and design of hydro mechanical equipment used in the hydro projects.

The delegation gave information about the waste management plant to generate energy through gasification and offered technology support to Pakistan.

Mahfooz Elahi President of Islamabad Chamber of Commerce & Industry welcoming the delegation said that Pakistan was facing huge energy problems and thanked the delegation for visiting Pakistan for investment in the energy sector.

He informed that Pakistan has huge potential for the generation of energy but due to lack of technical knows how and less capabilities, Pakistan is still unable to produce energy through biomass and other alternate available resources of energy.

He said that Pakistan is under explored country in oil and gas sector and gave information about the energy generation potential through coal in Thar area. 

Mahfooz Elahi said that Islamabad Chamber of Commerce & Industry would create linkages of Pakistani companies with Slovenian companies to have beneficial business in the energy sector to address the growing energy needs of Pakistan.

The officials of Board of Investment also brief the delegation about the investment climate and opportunities of investment in different sector, particularly in power sector.