{"id":81496,"date":"2021-11-20T10:00:00","date_gmt":"2021-11-20T05:00:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=81496"},"modified":"2021-11-19T11:00:00","modified_gmt":"2021-11-19T06:00:00","slug":"hydel-based-sources-energy-production","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/hydel-based-sources-energy-production.html","title":{"rendered":"Govt to move from fossil fuels to hydel-based sources for energy production"},"content":{"rendered":"\n<p>Islamabad: Federal Minister for Economic Affairs Omar Ayub Khan on Monday (November 15) disclosed that the government plans to move away 70% of energy production from fossil fuels to hydel-based sources by 2030, according to media reports.&nbsp;<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/adb-approves-usd-600-million-for-ehsaas-programme.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB approves USD 600 million for Ehsaas Programme<\/a><\/p>\n\n\n\n<p>The minister, during his meeting with USA\u2019s Alternative Executive Director to the Asian Development Bank (ADB) John Hurley, appreciated the quick efforts of ADB management for their support for the COVID-19 vaccination drive.&nbsp;<\/p>\n\n\n\n<p>During the meeting, Minister Omar Ayub highlighted the financial and budgetary importance of two <a href=\"https:\/\/www.zameen.com\/news\/work-cities-improvement-project.html\" target=\"_blank\" rel=\"noreferrer noopener\">ADB-funded programme<\/a> loans for the capital market and energy sectors. Hurley emphasised the importance of pipeline ADB funded programme loans including the Domestic Resource Mobilisation Programme \u2013 which increases the tax base and improve overall revenue collection targets of the country for future debt growth and sustainability.&nbsp;<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/sbp-issue-renewable-energy-financing-scheme.html\" target=\"_blank\" rel=\"noreferrer noopener\">SBP issue new renewable energy financing scheme<\/a><\/p>\n\n\n\n<p>Moreover, the minister also shed light on the importance of establishing farm to market roads including communication linkages and providing power supply to remote areas to increase the rate of return and market accessibility.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Federal Minister for Economic Affairs Omar Ayub Khan on Monday (November 15) disclosed that the government plans to move away 70% of energy production from fossil fuels to hydel-based sources by 2030, according to media reports.&nbsp; Read: ADB approves USD 600 million for Ehsaas Programme The minister, during his meeting with USA\u2019s Alternative Executive Director to the Asian Development Bank (ADB) John Hurley, appreciated the quick efforts of ADB management for their support for the COVID-19 vaccination drive.&nbsp; During the meeting, Minister Omar Ayub highlighted the financial and budgetary importance of two ADB-funded programme loans for the capital market and energy sectors. Hurley emphasised the importance of pipeline ADB funded programme loans including the Domestic Resource Mobilisation Programme \u2013 which increases the tax base and improve overall revenue collection targets of the country for future debt growth and sustainability.&nbsp; Read: SBP issue new renewable energy financing scheme Moreover, the minister also shed light on the importance of establishing farm to market roads including communication linkages and providing power supply to remote areas to increase the rate of return and market accessibility.&nbsp;<\/p>\n","protected":false},"author":83,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[24453,49547,49550],"persona":[],"class_list":{"0":"post-81496","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-asian-development-bank-adb","9":"tag-govt-to-move-from-fossil-fuels-to-hydel-based-sources-for-energy-production","10":"tag-hydel-based-sources-for-energy-production","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to move from fossil fuels to hydel-based sources- Zameen News<\/title>\n<meta name=\"description\" content=\"Federal Minister for Economic Affairs Omar Ayub Khan on Monday (November 15) disclosed that the government plans to move away 70% of energy production....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/hydel-based-sources-energy-production.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to move from fossil fuels to hydel-based sources- Zameen News\" \/>\n<meta property=\"og:description\" content=\"Federal Minister for Economic Affairs Omar Ayub Khan on Monday (November 15) disclosed that the government plans to move away 70% of energy production....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/hydel-based-sources-energy-production.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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