Minister for Water and Power Khawaja Muhammad Asif has welcomed the US Company, American Ethane for showing its deep interest in investment in energy sector and their plan to establish three 2000MW gas based power plants in Pakistan.

He was talking to a delegation of American Ethane Company, led by Prime Minister’s Special Envoy for Overseas Investment Ambassador Javed Malik in Islamabad on Tuesday.

He said that the new power policy and power generation policies have been improved to facilitate the investment in the energy sector.

The Minister said that a large number of energy projects are already under different stages under the China-Pakistan Economic Corridor and these are also private sector driven. He said that keeping in view the number of projects that are planned in the energy sector, overall economic activities are also gearing and the country’s economic indicators are improving fast.

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