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Huge investment required for energy

Huge investment is required to address the energy crisis, particularly in hydropower sector there is a need to invest more, a prominent economist Dr Pervaiz Amir said it while talking to a private new channel on Tuesday. He said the government is on the right path for resolving energy crisis in the country and that energy and water sectors are very important for the development of country. He said there is also need of investment in solar, thermal and wind power projects and added that World Bank and USAID should provide financial assistance for these projects. However, local investors can play vital role in this regard as mobilisation of domestic resources is very necessary to overcome the energy shortage, he maintained.

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