Pakistan PM urges increase in renewable energy resources to cut oil import bill

Pakistan Prime Minister Shehbaz Sharif (center) chairs a high-level meeting to review the country’s power sector in Islamabad, Pakistan on April 15, 2024. (PID)
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Updated 15 April 2024
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Pakistan PM urges increase in renewable energy resources to cut oil import bill

  • Pakistan lacks adequate resources to run its oil- and gas-powered plants and imports most of its energy needs
  • The country is currently faced with a balance of payments crisis, record inflation and steep currency devaluation

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday directed the Pakistani energy ministry to maximize utilization of renewable energy resources in order to reduce the country’s oil import bill, Pakistani state media reported.

The remarks came at a meeting he presided over to review the country’s power sector, according to a report published by the Radio Pakistan broadcaster.

The prime minister said that oil imports worth billions of dollars could be controlled by using alternative resources like solar, wind and hydel power.

“The country currently imports oil worth 27 billion dollars to meet its power and transportation needs,” Sharif was quoted as saying in the report.

“In the future, only clean and low-cost hydropower and renewable plants will be installed in the country.”

Pakistan, which has been struggling with a balance of payments crisis, record inflation and steep currency devaluation, lacks adequate resources to run its oil- and gas-powered plants and imports most of its energy needs.

The South Asian country is currently looking to secure cheaper energy imports and alternate ways to lessen the cost of power generation.

The prime minister asked authorities to speed up efforts for foreign investment in solar energy projects as well as to accelerate the process of privatization of power generation companies and auction of inefficient power houses.

He lauded the performance of the Punjab government in the ongoing drive against power theft and expressed hope that other provinces would also follow suit to overcome the challenge.

“All possible measures are being taken to reduce the per unit price of electricity for the common man,” PM Sharif added.


Pakistan urges world to treat water insecurity as global risk, flags India treaty suspension

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Pakistan urges world to treat water insecurity as global risk, flags India treaty suspension

  • Pakistan says it is strengthening water management but national action alone is insufficient
  • India unilaterally suspended Indus Waters Treaty last year, leading to irregular river flows

ISLAMABAD: Pakistan on Tuesday urged the international community to recognize water insecurity as a “systemic global risk,” warning that disruptions in shared river basins threaten food security, livelihoods and regional stability, as it criticized India’s handling of transboundary water flows.

The call comes amid heightened tensions after India’s unilateral decision last year to hold the 1960 Indus Waters Treaty “in abeyance,” a move Islamabad says has undermined predictability in river flows and compounded climate-driven vulnerabilities downstream.

“Across regions, water insecurity has become a systemic risk, affecting food production, energy systems, public health, livelihoods and human security,” Pakistan’s Acting Permanent Representative to the United Nations, Ambassador Usman Jadoon, told a UN policy roundtable on global water stress.

“For Pakistan, this is a lived reality,” he said, describing the country as a climate-vulnerable, lower-riparian state facing floods, droughts, accelerated glacier melt, groundwater depletion and rapid population growth, all of which are placing strain on already stressed water systems.

Jadoon said Pakistan was strengthening water resilience through integrated planning, flood protection, irrigation rehabilitation, groundwater replenishment and ecosystem restoration, including initiatives such as Living Indus and Recharge Pakistan, but warned that domestic measures alone were insufficient.

He noted the Indus River Basin sustains one of the world’s largest contiguous irrigation systems, provides more than 80 percent of Pakistan’s agricultural water needs and supports the livelihoods of over 240 million people.

The Pakistani diplomat said the Indus Waters Treaty had for decades provided a framework for equitable water management, but India’s decision to suspend its operation, followed by unannounced flow disruptions and the withholding of hydrological data, had created an unprecedented challenge for Pakistan’s water security.

Pakistan has said the treaty remains legally binding and does not permit unilateral suspension or modification.

The issue has gained urgency as Pakistan continues to recover from last year’s monsoon floods, which killed more than 1,000 people and devastated farmland in Punjab, the country’s eastern breadbasket, in what officials described as severe riverine flooding.

Last month, Deputy Prime Minister Ishaq Dar said Pakistan had observed abrupt variations in river flows from India, creating uncertainty for farmers in Punjab during critical periods of the agricultural cycle.

“As we move toward the 2026 UN Water Conference, Pakistan believes the process must acknowledge water insecurity as a systemic global risk, place cooperation and respect for international water law at the center of shared water governance, and ensure that commitments translate into real protection for vulnerable downstream communities,” Jadoon said.